According to the US Department of Labor, in the week ending August 14, the advance figure for seasonally adjusted initial claims was 500,000, an increase of 12,000 from the previous week’s revised figure of 488,000. The 4-week moving average was 482,500, an increase of 8,000 from the previous week’s revised average of 474,500.
The advance seasonally adjusted insured unemployment rate was 3.5% for the week ending August 7, unchanged from the prior week’s unrevised rate of 3.5%.
The advance number for seasonally adjusted insured unemployment during the week ending August 7 was 4,478,000, a decrease of 13,000 from the preceding week’s revised level of 4,491,000. The 4-week moving average was 4,526,750, a decrease of 1,500 from the preceding week’s revised average of 4,528,250.
The fiscal year-to-date average of seasonally adjusted weekly insured unemployment, which corresponds to the appropriated AWIU trigger, was 5.010 million.