Research >> Economics
Weekly Initial Unemployment Claims Increase 3,000 to 213,000
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In the week ending August 25, the advance figure for seasonally adjusted initial claims was 213,000, an increase of 3,000 from the previous week's unrevised level of 210,000. The 4-week moving average was 212,250, a decrease of 1,500 from the previous week's unrevised average of 213,750. This is the lowest level for this average since December 13, 1969 when it was 210,750.
The advance seasonally adjusted insured unemployment rate was 1.2 percent for the week ending August 18, unchanged from the previous week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending August 18 was 1,708,000, a decrease of 20,000 from the previous week's revised level. The previous week's level was revised up 1,000 from 1,727,000 to 1,728,000. The 4-week moving average was 1,731,250, a decrease of 4,500 from the previous week's revised average. The previous week's average was revised up by 250 from 1,735,500 to 1,735,750.
Posted: August 30, 2018 Thursday 08:30 AM