Research >> Economics
Weekly Initial Unemployment Claims Increase 5,000 to 274,000
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In the week ending August 8, the advance figure for seasonally adjusted initial claims was 274,000, an increase of 5,000 from the previous week's revised level. The previous week's level was revised down by 1,000 from 270,000 to 269,000. The 4-week moving average was 266,250, a decrease of 1,750 from the previous week's revised average. This is the lowest level for this average since April 15, 2000 when it was 266,250. The previous week's average was revised down by 250 from 268,250 to 268,000. There were no special factors impacting this week's initial claims.
The advance seasonally adjusted insured unemployment rate was 1.7 percent for the week ending August 1, unchanged from the previous week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending August 1 was 2,273,000, an increase of 15,000 from the previous week's revised level. The previous week's level was revised up 3,000 from 2,255,000 to 2,258,000. The 4-week moving average was 2,254,250, an increase of 14,250 from the previous week's revised average. The previous week's average was revised up by 1,000 from 2,239,000 to 2,240,000.
Posted: August 13, 2015 Thursday 08:30 AM