Boom Doom Economy: USA Weekly Unemployment Claims at Post-Recession Low! (Charts) *4-week average decreases*

Thursday, February 10, 2011

USA Weekly Unemployment Claims at Post-Recession Low! (Charts) 4-week average decreases

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United States Department of Labor: Unemployment Insurance Weekly Claims Report

USA Weekly Unemployment Lowest Since July, 2008!

4-Week Moving Average Decreases to 415,500

The Weekly Unemployment Claims page has been updated with the latest report by the U.S. Department of Labor for the week ended February 5, 2011. The related charts (4-Week Moving Average and Weekly Unemployment Insurance Claims) have also been updated.

Official Statement by the US Department of Labor In the week ending Feb. 5, the advance figure for seasonally adjusted initial claims was 383,000, a decrease of 36,000 from the previous week's revised figure of 419,000. The 4-week moving average was 415,500, a decrease of 16,000 from the previous week's revised average of 431,500. The advance seasonally adjusted insured unemployment rate was 3.1 percent for the week ending Jan. 29, unchanged from the prior week's unrevised rate of 3.1 percent. The advance number for seasonally adjusted insured unemployment during the week ending Jan. 29 was 3,888,000, a decrease of 47,000 from the preceding week's revised level of 3,935,000. The 4-week moving average was 3,932,250, an increase of 250 from the preceding week's revised average of 3,932,000.

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