Research >> Economics
Weekly Initial Unemployment Claims Increase 5,000 to 215,000
|
In the week ending October 20, the advance figure for seasonally adjusted initial claims was 215,000, an increase of 5,000 from the previous week's unrevised level of 210,000. The 4-week moving average was 211,750, unchanged from the previous week's unrevised average of 211,750.
The advance seasonally adjusted insured unemployment rate was 1.1 percent for the week ending October 13, a decrease of 0.1 percentage point from the previous week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending October 13 was 1,636,000, a decrease of 5,000 from the previous week's revised level. This is the lowest level for insured unemployment since August 4, 1973 when it was 1,633,000. The previous week's level was revised up 1,000 from 1,640,000 to 1,641,000. The 4-week moving average was 1,646,500, a decrease of 6,750 from the previous week's revised average. This is the lowest level for this average since August 11, 1973 when it was 1,627,250. The previous week's average was revised up by 250 from 1,653,000 to 1,653,250.
Posted: October 25, 2018 Thursday 08:30 AM