Research >> Economics
Weekly Initial Unemployment Claims Increase 53,000 to 253,000
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In the week ending January 26, the advance figure for seasonally adjusted initial claims was 253,000, an increase of 53,000 from the previous week's revised level. This is the highest level for initial claims since September 30, 2017 when it was 254,000. The previous week's level was revised up by 1,000 from 199,000 to 200,000. The 4-week moving average was 220,250, an increase of 5,000 from the previous week's revised average. The previous week's average was revised up by 250 from 215,000 to 215,250.
The advance seasonally adjusted insured unemployment rate was 1.2 percent for the week ending January 19, unchanged from the previous week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending January 19 was 1,782,000, an increase of 69,000 from the previous week's unrevised level of 1,713,000. This is the highest level for insured unemployment since April 28, 2018 when it was 1,794,000. The 4-week moving average was 1,737,750, an increase of 8,000 from the previous week's unrevised average of 1,729,750. This is the highest level for this average since August 4, 2018 when it was 1,729,000.
Posted: January 31, 2019 Thursday 08:30 AM