Research >> Economics
Weekly Initial Unemployment Claims Decrease 3,000 to 201,000
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In the week ending September 15, the advance figure for seasonally adjusted initial claims was 201,000, a decrease of 3,000 from the previous week's unrevised level of 204,000. This is the lowest level for initial claims since November 15, 1969 when it was 197,000. The 4-week moving average was 205,750, a decrease of 2,250 from the previous week's unrevised average of 208,000. This is the lowest level for this average since December 6, 1969 when it was 204,500.
The advance seasonally adjusted insured unemployment rate was 1.2 percent for the week ending September 8, unchanged from the previous week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending September 8 was 1,645,000, a decrease of 55,000 from the previous week's revised level. This is the lowest level for insured unemployment since August 4, 1973 when it was 1,633,000. The previous week's level was revised up 4,000 from 1,696,000 to 1,700,000. The 4-week moving average was 1,691,500, a decrease of 20,750 from the previous week's revised average. This is the lowest level for this average since November 17, 1973 when it was 1,686,000. The previous week's average was revised up by 1,000 from 1,711,250 to 1,712,250.
Posted: September 20, 2018 Thursday 08:30 AM