Research >> Economics
Weekly Initial Unemployment Claims Increase 12,000 to 293,000
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In the week ending September 20, the advance figure for seasonally adjusted initial claims was 293,000, an increase of 12,000 from the previous week's revised level. The previous week's level was revised up by 1,000 from 280,000 to 281,000. The 4-week moving average was 298,500, a decrease of 1,250 from the previous week's revised average. The previous week's average was revised up by 250 from 299,500 to 299,750. There were no special factors impacting this week's initial claims.
The advance seasonally adjusted insured unemployment rate was 1.8 percent for the week ending September 13, unchanged from the previous week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending September 13 was 2,439,000, an increase of 7,000 from the previous week's revised level. The previous week's level was revised up 3,000 from 2,429,000 to 2,432,000. The 4-week moving average was 2,460,250, a decrease of 22,250 from the previous week's revised average. This is the lowest level for this average since June 9, 2007 when it was 2,458,250. The previous week's average was revised up by 750 from 2,481,750 to 2,482,500.
Posted: September 25, 2014 Thursday 08:37 AM