Sunday, December 9, 2012

USA Weekly Unemployment Claims Continue Below 400,000

♦♦♦

U.S. Department of Labor: Unemployment Insurance Weekly Claims Report

Unemployment claims had been above or near 400,000 (seasonally adjusted) due to Hurricane Sandy. Current claims (370,000) are now below the 2012 weekly average of 376,000.

In the week ending December 1, the advance figure for seasonally adjusted initial claims was 370,000, a decrease of 25,000 from the previous week's revised figure of 395,000. The 4-week moving average was 408,000, an increase of 2,250 from the previous week's revised average of 405,750.

The advance seasonally adjusted insured unemployment rate was 2.5 percent for the week ending November 24, a decrease of 0.1 percentage point from the prior week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending November 24 was 3,205,000, a decrease of 100,000 from the preceding week's revised level of 3,305,000. The 4-week moving average was 3,309,000, an increase of 7,750 from the preceding week's revised average of 3,301,250.

Weekly Unemployment Insurance Claims by Week (Seasonally Adjusted)


Weekly Unemployment Insurance Claims by Week (Not Seasonally Adjusted)


♦♦♦

No comments:

Post a Comment

Seeking Alpha