According to the US Department of Labor, in the week ending December 4, the advance figure for seasonally adjusted initial claims was 421,000, a decrease of 17,000 from the previous week’s revised figure of 438,000. The 4-week moving average was 427,500, a decrease of 4,000 from the previous week’s revised average of 431,500.
Advance Seasonally Adjusted Insured Unemployment Rate Decreases
The advance seasonally adjusted insured unemployment rate was 3.2% for the week ending November 27, a decrease of 0.2 percentage points from the prior week’s unrevised rate of 3.4%.
Advance Seasonally Adjusted Insured Unemployment Increases
The advance number for seasonally adjusted insured unemployment during the week ending November 27 was 4,086,000, a decrease of 191,000 from the preceding week’s revised level of 4,277,000. The 4-week moving average was 4,226,000, a decrease of 64,250 from the preceding week’s revised average of 4,290,250.