Thursday, December 20, 2012

USA Weekly Unemployment Claims Increase to 361K

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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 (361,000) are now below the 2012 weekly average of 375,000. Claims are usually lower in December due to temporary Holiday hiring. A subsequent spike in claims occurs in January.

In the week ending December 15, the advance figure for seasonally adjusted initial claims was 361,000, an increase of 17,000 from the previous week's revised figure of 344,000. The 4-week moving average was 367,750, a decrease of 13,750 from the previous week's unrevised average of 381,500.

The advance seasonally adjusted insured unemployment rate was 2.5 percent for the week ending December 8, unchanged from the prior week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending December 8 was 3,225,000, an increase of 12,000 from the preceding week's revised level of 3,213,000. The 4-week moving average was 3,240,500, a decrease of 33,500 from the preceding week's revised average of 3,274,000.

Weekly Unemployment Insurance Claims by Week (Seasonally Adjusted)


Weekly Unemployment Insurance Claims by Week (Not Seasonally Adjusted)


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