Research >> Economics
Weekly Initial Unemployment Claims Decrease 9,000 to 233,000
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In the week ending April 7, the advance figure for seasonally adjusted initial claims was 233,000, a decrease of 9,000 from the previous week's unrevised level of 242,000. The 4-week moving average was 230,000, an increase of 1,750 from the previous week's unrevised average of 228,250. Claims taking procedures in Puerto Rico and in the Virgin Islands have still not returned to normal.
The advance seasonally adjusted insured unemployment rate was 1.3 percent for the week ending March 31, unchanged from the previous week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending March 31 was 1,871,000, an increase of 53,000 from the previous week's revised level. The previous week's level was revised up 10,000 from 1,808,000 to 1,818,000. The 4-week moving average was 1,850,250, a decrease of 1,500 from the previous week's revised average. This is the lowest level for this average since January 5, 1974 when it was 1,838,500. The previous week's average was revised up by 3,500 from 1,848,250 to 1,851,750.
Posted: April 12, 2018 Thursday 08:30 AM