Research >> Economics
Weekly Initial Unemployment Claims Decrease 2,000 to 222,000
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In the week ending December 28, the advance figure for seasonally adjusted initial claims was 222,000, a decrease of 2,000 from the previous week's revised level. The previous week's level was revised up by 2,000 from 222,000 to 224,000. The 4-week moving average was 233,250, an increase of 4,750 from the previous week's revised average. This is the highest level for this average since January 27, 2018 when it was 235,750. 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 21, unchanged from the previous week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending December 21 was 1,728,000, an increase of 5,000 from the previous week's revised level. The previous week's level was revised up 4,000 from 1,719,000 to 1,723,000. The 4-week moving average was 1,711,750, an increase of 7,250 from the previous week's revised average. The previous week's average was revised up by 1,000 from 1,703,500 to 1,704,500.
Posted: January 2, 2020 Thursday 08:30 AM