Research >> Economics
Weekly initial unemployment claims increase 12,000 to 472,000
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In the week ending June 12, the advance figure for seasonally adjusted initial claims was 472,000, an increase of 12,000 from the previous week's revised figure of 460,000. The 4-week moving average was 463,500, a decrease of 500 from the previous week's revised average of 464,000.
The advance seasonally adjusted insured unemployment rate was 3.6 percent for the week ending June 5, an increase of 0.1 percentage point from the prior week's unrevised rate of 3.5 percent.
The advance number for seasonally adjusted insured unemployment during the week ending June 5 was 4,571,000, an increase of 88,000 from the preceding week's revised level of 4,483,000. The 4-week moving average was 4,601,500, a decrease of 21,250 from the preceding week's revised average of 4,622,750.
The fiscal year-to-date average of seasonally adjusted weekly insured unemployment, which corresponds to the appropriated AWIU trigger, was 5.097 million.
Posted: June 17, 2010 Thursday 08:30 AM