According to the US Department of Labor, in the week ending January 8, the advance figure for seasonally adjusted initial claims was 445,000, an increase of 35,000 from the previous week’s revised figure of 410,000. The 4-week moving average was 416,500, an increase of 5,500 from the previous week’s revised average of 411,000.
Advance Seasonally Adjusted Insured Unemployment Rate Decreases
The advance seasonally adjusted insured unemployment rate was 3.1% for the week ending January 1, a decrease of 0.2 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 January 1 was 3,879,000, a decrease of 248,000 from the preceding week’s revised level of 4,127,000. The 4-week moving average was 4,056,500, a decrease of 72,000 from the preceding week’s revised average of 4,128,500.