Friday, February 1, 2013

USA Weekly Unemployment Claims Jump to 368K

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

Current seasonally adjusted weekly unemployment claims (368,000) are at a 3-week high and below the 2012 weekly average of 375,000. The non-seasonally adjusted weekly unemployment claims are actually lower at 366,596. 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 26, the advance figure for seasonally adjusted initial claims was 368,000, an increase of 38,000 from the previous week's unrevised figure of 330,000. The 4-week moving average was 352,000, an increase of 250 from the previous week's unrevised average of 351,750.

The advance seasonally adjusted insured unemployment rate was 2.5 percent for the week ending January 19, unchanged from the prior week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending January 19 was 3,197,000, an increase of 22,000 from the preceding week's revised level of 3,175,000. The 4-week moving average was 3,192,250, a decrease of 9,750 from the preceding week's revised average of 3,202,000.

Weekly Unemployment Insurance Claims by Week (Seasonally Adjusted)


Weekly Unemployment Insurance Claims by Week (Not Seasonally Adjusted)


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