According to the US Department of Labor, in the week ending December 25, the advance figure for seasonally adjusted initial claims was 388,000, a decrease of 34,000 from the previous week’s revised figure of 422,000. The 4-week moving average was 414,000, a decrease of 12,500 from the previous week’s revised average of 426,500.
Advance Seasonally Adjusted Insured Unemployment Rate Increases
The advance seasonally adjusted insured unemployment rate was 3.3% for the week ending December 18, an increase of 0.1 percentage points from the prior week’s unrevised rate of 3.2%.
Advance Seasonally Adjusted Insured Unemployment Increases
The advance number for seasonally adjusted insured unemployment during the week ending December18 was 4,128,000, an increase of 57,000 from the preceding week’s revised level of 4,071,000. The 4-week moving average was 4,120,000, a decrease of 37,250 from the preceding week’s revised average of 4,157,250.