According to the US Department of Labor, in the week ending January 30, the advance figure for seasonally adjusted initial claims was 480,000, an increase of 8,000 from the previous week’s revised figure of 472,000. The 4-week moving average was 468,750, an increase of 11,750 from the previous week’s revised average of 457,000.
The advance seasonally adjusted insured unemployment rate was 3.5% for the week ending January 23, unchanged from the prior week’s unrevised rate of 3.5%.
The advance number for seasonally adjusted insured unemployment during the week ending January 23 was 4,602,000, an increase of 2,000 from the preceding week’s revised level of 4,600,000. The 4-week moving average was 4,617,500, a decrease of 51,250 from the preceding week’s revised average of 4,668,750.
The fiscal year-to-date average for seasonally adjusted insured unemployment for all programs is 5.362 million.
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