Research >> Economics
Weekly Initial Unemployment Claims Decrease 27,000 to 206,000
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In the week ending December 8, the advance figure for seasonally adjusted initial claims was 206,000, a decrease of 27,000 from the previous week's revised level. The previous week's level was revised up by 2,000 from 231,000 to 233,000. The 4-week moving average was 224,750, a decrease of 3,750 from the previous week's revised average. The previous week's average was revised up by 500 from 228,000 to 228,500.
The advance seasonally adjusted insured unemployment rate was 1.2 percent for the week ending December 1, an increase of 0.1 percentage point from the previous week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending December 1 was 1,661,000, an increase of 25,000 from the previous week's revised level. The previous week's level was revised up 5,000 from 1,631,000 to 1,636,000. The 4-week moving average was 1,665,750, a decrease of 2,500 from the previous week's revised average. The previous week's average was revised up by 1,250 from 1,667,000 to 1,668,250.
Posted: December 13, 2018 Thursday 08:30 AM