Boom Doom Economy: USA Weekly Unemployment Claims Surge to 454K (Charts) *Highest since October*

Thursday, January 27, 2011

USA Weekly Unemployment Claims Surge to 454K (Charts) Highest since October

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United States Department of Labor: Unemployment Insurance Weekly Claims Report

USA Weekly Unemployment Claims Surge to 454,000

4-Week Moving Average Increases to 428,750

The Weekly Unemployment Claims page has been updated with the latest report by the U.S. Department of Labor for the week ended January 22, 2011. The related charts (4-Week Moving Average and Weekly Unemployment Insurance Claims) for the past 52 weeks have also been updated.

Official Statement by the US Department of Labor In the week ending Jan. 22, the advance figure for seasonally adjusted initial claims was 454,000, an increase of 51,000 from the previous week's revised figure of 403,000. The 4-week moving average was 428,750, an increase of 15,750 from the previous week's revised average of 413,000. The advance seasonally adjusted insured unemployment rate was 3.2 percent for the week ending Jan. 15, an increase of 0.1 percentage point from the prior week's unrevised rate of 3.1 percent. The advance number for seasonally adjusted insured unemployment during the week ending Jan. 15 was 3,991,000, an increase of 94,000 from the preceding week's revised level of 3,897,000. The 4-week moving average was 3,975,500, a decrease of 39,750 from the preceding week's revised average of 4,015,250.

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