Research >> Economics
Weekly Initial Unemployment Claims Increase 16,000 to 276,000
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In the week ending October 31, the advance figure for seasonally adjusted initial claims was 276,000, an increase of 16,000 from the previous week's unrevised level of 260,000. The 4-week moving average was 262,750, an increase of 3,500 from the previous week's unrevised average of 259,250. There were no special factors impacting this week's initial claims.
The advance seasonally adjusted insured unemployment rate was 1.6 percent for the week ending October 24, unchanged from the previous week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending October 24 was 2,163,000, an increase of 17,000 from the previous week's revised level. The previous week's level was revised up 2,000 from 2,144,000 to 2,146,000. The 4-week moving average was 2,161,500, a decrease of 11,500 from the previous week's revised average. This is the lowest level for this average since November 11, 2000 when it was 2,119,750. The previous week's average was revised down by 1,750 from 2,174,750 to 2,173,000.
Posted: November 5, 2015 Thursday 08:30 AM