Research >> Economics
Weekly initial unemployment claims unchanged at 479,000
In the week ending Oct. 25, the advance figure for seasonally adjusted initial claims was 479,000, unchanged from the previous week's revised figure of 479,000. The 4-week moving average was 475,500, a decrease of 5,000 from the previous week's revised average of 480,500.
The advance seasonally adjusted insured unemployment rate was 2.8 percent for the week ending Oct. 18, unchanged from the prior week's unrevised rate of 2.8 percent.
The advance number for seasonally adjusted insured unemployment during the week ending Oct. 18 was 3,715,000, a decrease of 12,000 from the preceding week's revised level of 3,727,000. The 4-week moving average was 3,709,500, an increase of 28,000 from the preceding week's revised average of 3,681,500.
Posted: October 30, 2008 Thursday 09:31 AM