According to the US Department of Labor, in the week ending December 26, the advance figure for seasonally adjusted initial claims was 432,000, a decrease of 22,000 from the previous week’s revised figure of 454,000. The 4-week moving average was 460,250, a decrease of 5,500 from the previous week’s revised average of 465,750.
The advance seasonally adjusted insured unemployment rate was 3.8% for the week ending December 19, unchanged from the prior week’s revised rate of 3.8%.
The advance number for seasonally adjusted insured unemployment during the week ending December 19 was 4,981,000, a decrease of 57,000 from the preceding week’s revised level of 5,038,000. The 4-week moving average was 5,101,000, a decrease of 122,250 from the preceding week’s revised average of 5,223,250.
The fiscal year-to-date average for seasonally adjusted insured unemployment for all programs is 5.621 million.