Research >> Economics
Weekly initial unemployment claims decrease 2,000 to 386,000
In the week ending April 14, the advance figure for seasonally adjusted initial claims was 386,000, a decrease of 2,000 from the previous week's revised figure of 388,000. The 4-week moving average was 374,750, an increase of 5,500 from the previous week's revised average of 369,250.
The advance seasonally adjusted insured unemployment rate was 2.6 percent for the week ending April 7, unchanged from the prior week's unrevised rate of 2.6 percent.
The advance number for seasonally adjusted insured unemployment during the week ending April 7 was 3,297,000, an increase of 26,000 from the preceding week's revised level of 3,271,000. The 4-week moving average was 3,317,750, a decrease of 21,500 from the preceding week's revised average of 3,339,250.
Posted: April 19, 2012 Thursday 08:30 AM