According to the US Department of Labor, in the week ending October 9, the advance figure for seasonally adjusted initial claims was 462,000, an increase of 13,000 from the previous week’s revised figure of 449,000. The 4-week moving average was 459,000, an increase of 2,250 from the previous week’s revised average of 456,750.
Advance Seasonally Adjusted Insured Unemployment Rate Decreases
The advance seasonally adjusted insured unemployment rate was 3.5% for the week ending October 2, 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 October 2 was 4,399,000, a decrease of 112,000 from the preceding week’s revised level of 4,511,000. The 4-week moving average was 4,488,500, a decrease of 34,500 from the preceding week’s revised average of 4,523,000.