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Weekly initial unemployment claims decrease 9,000 to 423,000
In the week ending September 17, the advance figure for seasonally adjusted initial claims was 423,000, a decrease of 9,000 from the previous week's revised figure of 432,000. The 4-week moving average was 421,000, an increase of 500 from the previous week's revised average of 420,500.
The advance seasonally adjusted insured unemployment rate was 3.0 percent for the week ending September 10, unchanged from the prior week's unrevised rate.
The advance number for seasonally adjusted insured unemployment during the week ending September 10 was 3,727,000, a decrease of 28,000 from the preceding week's revised level of 3,755,000. The 4-week moving average was 3,742,000, a decrease of 6,500 from the preceding week's revised average of 3,748,500.
Posted: September 22, 2011 Thursday 08:30 AM