According to the US Department of Labor, in the week ending August 7, the advance figure for seasonally adjusted initial claims was 484,000, an increase of 2,000 from the previous week’s revised figure of 482,000. The 4-week moving average was 473,500, an increase of 14,250 from the previous week’s revised average of 459,250.
The advance seasonally adjusted insured unemployment rate was 3.5% for the week ending July 31, a decrease of 0.1 percentage points from the prior week’s unrevised rate of 3.6%.
The advance number for seasonally adjusted insured unemployment during the week ending July 31 was 4,452,000, a decrease of 118,000 from the preceding week’s revised level of 4,570,000. The 4-week moving average was 4,518,500, a decrease of 64,500 from the preceding week’s revised average of 4,583,000.
The fiscal year-to-date average of seasonally adjusted weekly insured unemployment, which corresponds to the appropriated AWIU trigger, was 5.018 million.
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