Research >> Economics
Weekly initial unemployment claims decrease 11,000 to 448,000
In the week ending April 24, the advance figure for seasonally adjusted initial claims was 448,000, a decrease of 11,000 from the previous week's revised figure of 459,000. The 4-week moving average was 462,500, an increase of 1,500 from the previous week's revised average of 461,000.
The advance seasonally adjusted insured unemployment rate was 3.6 percent for the week ending April 17, unchanged from the prior week's unrevised rate of 3.6 percent.
The advance number for seasonally adjusted insured unemployment during the week ending April 17 was 4,645,000, a decrease of 18,000 from the preceding week's revised level of 4,663,000. The 4-week moving average was 4,639,000, a decrease of 9,000 from the preceding week's revised average of 4,648,000.
The fiscal year-to-date average of seasonally adjusted weekly insured unemployment, which corresponds to the appropriated AWIU trigger, was 5.186 million.
Posted: April 29, 2010 Thursday 08:30 AM