Research >> Economics
Weekly Initial Unemployment Claims Decrease 9,000 to 280,000
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In the week ending December 20, the advance figure for seasonally adjusted initial claims was 280,000, a decrease of 9,000 from the previous week's unrevised level of 289,000. The 4-week moving average was 290,250, a decrease of 8,500 from the previous week's unrevised average of 298,750. 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 December 13, unchanged from the previous week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending December 13 was 2,403,000, an increase of 25,000 from the previous week's revised level. The previous week's level was revised up 5,000 from 2,373,000 to 2,378,000. The 4-week moving average was 2,418,250, an increase of 20,000 from the previous week's revised average. The previous week's average was revised up by 1,250 from 2,397,000 to 2,398,250.
Posted: December 24, 2014 Wednesday 08:30 AM