According to the US Department of Labor, in the week ending January 1, the advance figure for seasonally adjusted initial claims was 409,000, an increase of 18,000 from the previous week’s revised figure of 391,000. The 4-week moving average was 410,750, a decrease of 3,500 from the previous week’s revised average of 414,250.
Advance Seasonally Adjusted Insured Unemployment Rate Remains Unchanged
The advance seasonally adjusted insured unemployment rate was 3.3% for the week ending December 25, unchanged 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 December 25 was 4,103,000, a decrease of 47,000 from the preceding week’s revised level of 4,150,000. The 4-week moving average was 4,122,500, a decrease of 2,750 from the preceding week’s revised average of 4,125,250.