According to the US Department of Labor, in the week ending October 2, the advance figure for seasonally adjusted initial claims was 445,000, a decrease of 11,000 from the previous week’s revised figure of 456,000. The 4-week moving average was 455,750, a decrease of 3,000 from the previous week’s revised average of 458,750.
Advance Seasonally Adjusted Insured Unemployment Rate Decreases
The advance seasonally adjusted insured unemployment rate was 3.5% for the week ending September 25, a decrease of 0.1 percentage points from the prior week’s revised rate of 3.6%.
Advance Seasonally Adjusted Insured Unemployment Decreases
The advance number for seasonally adjusted insured unemployment during the week ending September 25 was 4,462,000, a decrease of 48,000 from the preceding week’s revised level of 4,510,000. The 4-week moving average was 4,510,750, a decrease of 27,750 from the preceding week’s revised average of 4,538,500.