Research >> Economics
Weekly initial unemployment claims decrease 36,000 to 383,000
In the week ending Feb. 5, the advance figure for seasonally adjusted initial claims was 383,000, a decrease of 36,000 from the previous week's revised figure of 419,000. The 4-week moving average was 415,500, a decrease of 16,000 from the previous week's revised average of 431,500.
The advance seasonally adjusted insured unemployment rate was 3.1 percent for the week ending Jan. 29, unchanged from the prior week's unrevised rate of 3.1 percent.
The advance number for seasonally adjusted insured unemployment during the week ending Jan. 29 was 3,888,000, a decrease of 47,000 from the preceding week's revised level of 3,935,000. The 4-week moving average was 3,932,250, an increase of 250 from the preceding week's revised average of 3,932,000.
Posted: February 10, 2011 Thursday 08:30 AM