Research >> Economics
Weekly initial unemployment claims decrease 23,000 to 381,000
In the week ending December 3, the advance figure for seasonally adjusted initial claims was 381,000, a decrease of 23,000 from the previous week's revised figure of 404,000. The 4-week moving average was 393,250, a decrease of 3,000 from the previous week's revised average of 396,250.
The advance seasonally adjusted insured unemployment rate was 2.8 percent for the week ending November 26, a decrease of 0.2 percentage point from the prior week's unrevised rate.
The advance number for seasonally adjusted insured unemployment during the week ending November 26 was 3,583,000, a decrease of 174,000 from the preceding week's revised level of 3,757,000. The 4-week moving average was 3,667,250, a decrease of 20,500 from the preceding week's revised average of 3,687,750.
Posted: December 8, 2011 Thursday 08:30 AM