Research >> Economics
Weekly Initial Unemployment Claims Increase 20,000 to 245,000
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In the week ending December 16, the advance figure for seasonally adjusted initial claims was 245,000, an increase of 20,000 from the previous week's unrevised level of 225,000. The 4-week moving average was 236,000, an increase of 1,250 from the previous week's unrevised average of 234,750. Claims taking procedures continue to be disrupted in the Virgin Islands. The claims taking process in Puerto Rico has still not returned to normal.
The advance seasonally adjusted insured unemployment rate was 1.4 percent for the week ending December 9, an increase 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 9 was 1,932,000, an increase of 43,000 from the previous week's revised level. The previous week's level was revised up 3,000 from 1,886,000 to 1,889,000. The 4-week moving average was 1,923,000, an increase of 4,250 from the previous week's revised average. The previous week's average was revised up by 250 from 1,918,500 to 1,918,750.
Posted: December 21, 2017 Thursday 08:30 AM