Unemployment Insurance Weekly Claims Report Update for October 2, 2010
According to the US Department of Labor, in the week ending October 2, the advance figure for seasonally adjusted initial claims was 445,000, a decrease of 11,000 from the previous week’s revised figure of 456,000. The 4-week moving average was 455,750, a decrease of 3,000 from the previous week’s revised average of 458,750.
Advance Seasonally Adjusted Insured Unemployment Rate Decreases
The advance seasonally adjusted insured unemployment rate was 3.5% for the week ending September 25, a decrease of 0.1 percentage points from the prior week’s revised rate of 3.6%.
Advance Seasonally Adjusted Insured Unemployment Decreases
The advance number for seasonally adjusted insured unemployment during the week ending September 25 was 4,462,000, a decrease of 48,000 from the preceding week’s revised level of 4,510,000. The 4-week moving average was 4,510,750, a decrease of 27,750 from the preceding week’s revised average of 4,538,500.
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