Unemployment Insurance Weekly Claims Report Update for October 24, 2009
According to the US Department of Labor, in the week ending October 24, the advance figure for seasonally adjusted initial claims was 530,000, a decrease of 1,000 from the previous week’s unrevised figure of 531,000. The 4-week moving average was 526,250, a decrease of 6,000 from the previous week’s unrevised average of 532,250.
The advance seasonally adjusted insured unemployment rate was 4.4% for the week ending October 17, a decrease of 0.1 percentage points from the prior week’s unrevised rate of 4.5%.
The advance number for seasonally adjusted insured unemployment during the week ending October 17 was 5,797,000, a decrease of 148,000 from the preceding week’s revised level of 5,945,000. The 4-week moving average was 5,960,750, a decrease of 78,750 from the preceding week’s revised average of 6,039,500.
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