Boom Doom Economy: USA Weekly Unemployment Claims Drop to 415K (Charts) *4-week average increases*

Thursday, February 3, 2011

USA Weekly Unemployment Claims Drop to 415K (Charts) 4-week average increases

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United States Department of Labor: Unemployment Insurance Weekly Claims Report

USA Weekly Unemployment Claims Drop to 415,000

4-Week Moving Average Increases to 430,500

The Weekly Unemployment Claims page has been updated with the latest report by the U.S. Department of Labor for the week ended January 29, 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. 29, the advance figure for seasonally adjusted initial claims was 415,000, a decrease of 42,000 from the previous week's revised figure of 457,000. The 4-week moving average was 430,500, an increase of 1,000 from the previous week's revised average of 429,500. The advance seasonally adjusted insured unemployment rate was 3.1 percent for the week ending Jan. 22, a decrease of 0.1 percentage point from the prior week's unrevised rate of 3.2 percent. The advance number for seasonally adjusted insured unemployment during the week ending Jan. 22 was 3,925,000, a decrease of 84,000 from the preceding week's revised level of 4,009,000. The 4-week moving average was 3,929,500, a decrease of 50,500 from the preceding week's revised average of 3,980,000.

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