Vision Payroll

According to the US Department of Labor, in the week ending September 19, the advance figure for seasonally adjusted initial claims was 530,000, a decrease of 21,000 from the previous week’s revised figure of 551,000. The 4-week moving average was 553,500, a decrease of 11,000 from the previous week’s revised average of 564,500.

The advance seasonally adjusted insured unemployment rate was 4.6% for the week ending September 12, a decrease of 0.1 percentage points from the prior week’s unrevised rate of 4.7%.

The advance number for seasonally adjusted insured unemployment during the week ending September 12 was 6,138,000, a decrease of 123,000 from the preceding week’s revised level of 6,261,000. The 4-week moving average was 6,187,250, a decrease of 1,250 from the preceding week’s revised average of 6,188,500.

The fiscal year-to-date average for seasonally adjusted insured unemployment for all programs is 5.651 million.