According to the US Department of Labor, in the week ending April 19, the advance figure for seasonally adjusted initial claims was 329,000, an increase of 24,000 from the previous week’s revised level. The previous week’s level was revised up by 1,000 from 304,000 to 305,000. The 4-week moving average was 316,750, an increase of 4,750 from the previous week’s unrevised average of 312,000.
Special Factors Impacting This Week’s Initial Claims
There were no special factors impacting this week’s initial claims.
Advance Seasonally Adjusted Insured Unemployment Decreases
The advance seasonally adjusted insured unemployment rate was 2.0 percent for the week ending April 12, a decrease of 0.1 percent from the previous week’s unrevised rate of 2.1 percent. The advance number for seasonally adjusted insured unemployment during the week ending April 12 was 2,680,000, a decrease of 61,000 from the previous week’s revised level. This is the lowest level for insured unemployment since December 8, 2007 when it was 2,672,000. The previous week’s level was revised up 2,000 from 2,739,000 to 2,741,000. The 4-week moving average was 2,752,250, a decrease of 33,500 from the previous week’s revised average. This is the lowest level for this average sinceDecember 29, 2007 when it was 2,730,250. The previous week’s average was revised up by 500 from 2,785,250 to 2,785,750.