Research >> Economics
Weekly initial unemployment claims down 12,000 to 646,000
In the week ending March 14, the advance figure for seasonally adjusted initial claims was 646,000, a decrease of 12,000 from the previous week's revised figure of 658,000. The 4-week moving average was 654,750, an increase of 3,750 from the previous week's revised average of 651,000.
The advance seasonally adjusted insured unemployment rate was 4.1 percent for the week ending March 7, an increase of 0.2 percentage point from the prior week's revised rate of 3.9 percent.
The advance number for seasonally adjusted insured unemployment during the week ending March 7 was 5,473,000, an increase of 185,000 from the preceding week's revised level of 5,288,000. The 4-week moving average was 5,251,250, an increase of 118,750 from the preceding week's revised average of 5,132,500.
The fiscal year-to-date average for seasonally adjusted insured unemployment for all programs is 4.577 million.
Posted: March 19, 2009 Thursday 08:30 AM