Research >> Economics
Weekly Initial Unemployment Claims Decrease 5,000 to 267,000
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In the week ending December 19, the advance figure for seasonally adjusted initial claims was 267,000, a decrease of 5,000 from the previous week's revised level. The previous week's level was revised up by 1,000 from 271,000 to 272,000. The 4-week moving average was 272,500, an increase of 1,750 from the previous week's revised average. The previous week's average was revised up by 250 from 270,500 to 270,750. There were no special factors impacting this week's initial claims.
The advance seasonally adjusted insured unemployment rate was 1.6 percent for the week ending December 12, a decrease of 0.1 percentage point from the previous week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending December 12 was 2,195,000, a decrease of 47,000 from the previous week's revised level. The previous week's level was revised up 4,000 from 2,238,000 to 2,242,000. The 4-week moving average was 2,211,000, an increase of 10,000 from the previous week's revised average. The previous week's average was revised up by 1,250 from 2,199,750 to 2,201,000.
Posted: December 24, 2015 Thursday 08:30 AM