According to the US Department of Labor, in the week ending May 1, the advance figure for seasonally adjusted initial claims was 444,000, a decrease of 7,000 from the previous week’s revised figure of 451,000. The 4-week moving average was 458,500, a decrease of 4,750 from the previous week’s revised average of 463,250.
The advance seasonally adjusted insured unemployment rate was 3.6% for the week ending April 24, unchanged from the prior week’s unrevised rate of 3.6%.
The advance number for seasonally adjusted insured unemployment during the week ending April 24 was 4,594,000, a decrease of 59,000 from the preceding week’s revised level of 4,653,000. The 4-week moving average was 4,649,000, an increase of 8,000 from the preceding week’s revised average of 4,641,000.
The fiscal year-to-date average of seasonally adjusted weekly insured unemployment, which corresponds to the appropriated AWIU trigger, was 5.183 million.