Research >> Economics
Weekly Initial Unemployment Claims Decrease 11,000 to 225,000
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In the week ending December 9, the advance figure for seasonally adjusted initial claims was 225,000, a decrease of 11,000 from the previous week's unrevised level of 236,000. The 4-week moving average was 234,750, a decrease of 6,750 from the previous week's unrevised average of 241,500. Claims taking procedures continue to be disrupted in the Virgin Islands. The claims taking process in Puerto Rico has still not returned to normal.
The advance seasonally adjusted insured unemployment rate was 1.3 percent for the week ending December 2, 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 December 2 was 1,886,000, a decrease of 27,000 from the previous week's revised level. The previous week's level was revised up 5,000 from 1,908,000 to 1,913,000. The 4-week moving average was 1,918,500, an increase of 4,500 from the previous week's revised average. The previous week's average was revised up by 1,250 from 1,912,750 to 1,914,000.
Posted: December 14, 2017 Thursday 08:30 AM