US Weekly Initial Jobless Claims Decline in the Week Ending December 28
Unemployment Insurance Weekly Claims
On Thursday, the US Department of Labor reported that the advance figure for seasonally adjusted initial unemployment claims was 211,000 during the week ending Saturday, December 28. This is a decrease of 9,000 from the previous week’s revised level of 220,000 (originally 219,000). The 4-week moving average was 223,250—a decrease of 3,500 from the previous week’s revised average of 226,750 (originally 226,500).
The advance number for seasonally adjusted insured unemployment during the week ending December 21 was 1,844,000. This is a decrease of 52,000 from the previous week’s revised total of 1,896,000 (originally 1,910,000). The 4-week moving average was 1,870,750—a decrease of 6,750 from the previous week’s revised average of 1,877,500 (originally 1,881,000).
The advance seasonally adjusted insured unemployment rate was 1.2% for the week ending December 21, a decrease of 0.1 percentage point from the previous week’s unrevised rate.
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