According to the US Department of Labor, in the week ending September 4, the advance figure for seasonally adjusted initial claims was 451,000, a decrease of 27,000 from the previous week’s revised figure of 478,000. The 4-week moving average was 477,750, a decrease of 9,250 from the previous week’s revised average of 487,000.
Advance Seasonally Adjusted Insured Unemployment Rate Remains Unchanged
The advance seasonally adjusted insured unemployment rate was 3.5% for the week ending August 28, unchanged from the prior week’s unrevised rate of 3.5%.
Advance Seasonally Adjusted Insured Unemployment Decreases
The advance number for seasonally adjusted insured unemployment during the week ending August 28 was 4,478,000, a decrease of 2,000 from the preceding week’s revised level of 4,480,000. The 4-week moving average was 4,488,000, a decrease of 3,250 from the preceding week’s revised average of 4,491,250.
Seasonally Adjusted Weekly Insured Unemployment
The fiscal year-to-date average of seasonally adjusted weekly insured unemployment, which corresponds to the appropriated AWIU trigger, was 4.986 million.