Unemployment Insurance Weekly Claims Report Update for December 11, 2010
According to the US Department of Labor, in the week ending December 11, the advance figure for seasonally adjusted initial claims was 420,000, a decrease of 3,000 from the previous week’s revised figure of 423,000. The 4-week moving average was 422,750, a decrease of 5,250 from the previous week’s revised average of 428,000.
Advance Seasonally Adjusted Insured Unemployment Rate Remains Unchanged
The advance seasonally adjusted insured unemployment rate was 3.3% for the week ending December 4, unchanged from the prior week’s revised rate of 3.3%.
Advance Seasonally Adjusted Insured Unemployment Increases
The advance number for seasonally adjusted insured unemployment during the week ending December 4 was 4,135,000, an increase of 22,000 from the preceding week’s revised level of 4,113,000. The 4-week moving average was 4,185,500, a decrease of 47,250 from the preceding week’s revised average of 4,232,750.
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