According to the US Department of Labor, in the week ending April 25, the advance figure for seasonally adjusted initial claims was 631,000, a decrease of 14,000 from the previous week’s revised figure of 645,000. The 4-week moving average was 637,250, a decrease of 10,750 from the previous week’s revised average of 648,000.
The advance seasonally adjusted insured unemployment rate was 4.7 percent for the week ending April 18, an increase of 0.1 percentage point from the prior week’s unrevised rate of 4.6 percent.
The advance number for seasonally adjusted insured unemployment during the week ending April 18 was 6,271,000, an increase of 133,000 from the preceding week’s revised level of 6,138,000. The 4-week moving average was 6,076,000, an increase of 131,500 from the preceding week’s revised average of 5,944,500.
The fiscal year-to-date average for seasonally adjusted insured unemployment for all programs is 4.894 million.
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