Friday, January 25, 2013

USA Weekly Unemployment Claims Drop to Another Post-Recession Low!

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

Current seasonally adjusted weekly unemployment claims (330,000) are at another post-recession low and well below the 2012 weekly average of 375,000. However, the non-seasonally adjusted weekly unemployment claims are a much higher 436,766. Claims are usually lower in December due to temporary Holiday hiring. A subsequent spike in claims occurs in January.

(U.S. Department of Labor) In the week ending January 19, the advance figure for seasonally adjusted initial claims was 330,000, a decrease of 5,000 from the previous week's unrevised figure of 335,000. The 4-week moving average was 351,750, a decrease of 8,250 from the previous week's revised average of 360,000.

The advance seasonally adjusted insured unemployment rate was 2.5 percent for the week ending January 12, unchanged from the prior week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending January 12 was 3,157,000, a decrease of 71,000 from the preceding week's revised level of 3,228,000. The 4-week moving average was 3,197,500, a decrease of 12,250 from the preceding week's revised average of 3,209,750.

Weekly Unemployment Insurance Claims by Week (Seasonally Adjusted)


Weekly Unemployment Insurance Claims by Week (Not Seasonally Adjusted)


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