The U.S. Department of Labor is reporting that an additional 444,000 Americans made their initial filing for unemployment benefits during the week ending on Saturday May 15, 2021 — a decrease of 34,000 from the previous week’s revised level. This is the lowest level for this average of initial claims since March 14, 2020, when it was 256,000. The 4-week moving average was 504,750 — a decrease of 30,500 from the previous week’s revised average. The advance number for seasonally adjusted insured unemployment, known as continuing claims during the week ending 8th May 2021 was 3,751,000 — an increase of 111,000 from the previous week’s revised level. The 4-week moving average was 3,681,000 an increase of 24,750 from the previous week’s revised average. The advance seasonally adjusted insured unemployment rate was 2.7% for the week ending May 8, 2021 — an increase of 0.1% from the previous week’s unrevised rate.
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UNEMPLOYMENT INSURANCE WEEKLY CLAIMS