Weekly Jobless Claims Rise in the Week Ending September 25, 2021 — Third Consecutive Increase

The U.S. Department of Labor is reporting that an additional 362,000 Americans made their initial filing for unemployment benefits during the week ending on Saturday, September 25, 2021. This is an increase of 11,000 from the previous week’s unrevised level. The 4-week moving average was 340,000, an increase of 4,250 from the previous week’s unrevised average.

The advance number for seasonally adjusted insured unemployment, known as continuing claims, during the week ending September 18, 2021 was 2,802,000 — a decrease of 18,000 from the previous week’s revised level. The 4-week moving average was 2,797,250 — a decrease of 750 from the previous week’s revised average. This is the lowest level for this average since March 21, 2020, when it was 2,071,750.

The advance seasonally adjusted insured unemployment rate was 2.0% for the week ending September 18, 2021, a decrease of -0.1% from the from the previous week’s unrevised rate.


FEA compiles the Wood Markets News from various 3rd party sources to provide readers with the latest news impacting forest product markets. Opinions or views expressed in these articles do not necessarily represent those of FEA.
Original Source:
UNEMPLOYMENT INSURANCE WEEKLY CLAIMS