Research >> Economics
Weekly initial unemployment claims down 24,000 to 467,000
In the week ending Jan. 3, the advance figure for seasonally adjusted initial claims was 467,000, a decrease of 24,000 from the previous week's revised figure of 491,000. The 4-week moving average was 525,750, a decrease of 27,000 from the previous week's revised average of 552,750.
The advance seasonally adjusted insured unemployment rate was 3.4 percent for the week ending Dec. 27, unchanged from the prior week's unrevised rate of 3.4 percent.
The advance number for seasonally adjusted insured unemployment during the week ending Dec. 27 was 4,611,000, an increase of 101,000 from the preceding week's revised level of 4,510,000. The 4-week moving average was 4,470,000, an increase of 45,000 from the preceding week's revised average of 4,425,000.
Posted: January 8, 2009 Thursday 08:30 AM