According to the US Department of Labor, in the week ending December 18, the advance figure for seasonally adjusted initial claims was 420,000, a decrease of 3,000 from the previous week’s revised figure of 423,000. The 4-week moving average was 426,000, an increase of 2,500 from the previous week’s revised average of 423,500.
Advance Seasonally Adjusted Insured Unemployment Rate Decreases
The advance seasonally adjusted insured unemployment rate was 3.2% for the week ending December 11, a decrease of 0.1 percentage points from the prior week’s unrevised rate of 3.3%.
Advance Seasonally Adjusted Insured Unemployment Decreases
The advance number for seasonally adjusted insured unemployment during the week ending December11 was 4,064,000, a decrease of 103,000 from the preceding week’s revised level of 4,167,000. The 4-week moving average was 4,155,500, a decrease of 38,250 from the preceding week’s revised average of 4,193,750.