Unemployment Insurance Weekly Claims Report Update for December 4, 2010
According to the US Department of Labor, in the week ending December 4, the advance figure for seasonally adjusted initial claims was 421,000, a decrease of 17,000 from the previous week’s revised figure of 438,000. The 4-week moving average was 427,500, a decrease of 4,000 from the previous week’s revised average of 431,500.
Advance Seasonally Adjusted Insured Unemployment Rate Decreases
The advance seasonally adjusted insured unemployment rate was 3.2% for the week ending November 27, a decrease of 0.2 percentage points from the prior week’s unrevised rate of 3.4%.
Advance Seasonally Adjusted Insured Unemployment Increases
The advance number for seasonally adjusted insured unemployment during the week ending November 27 was 4,086,000, a decrease of 191,000 from the preceding week’s revised level of 4,277,000. The 4-week moving average was 4,226,000, a decrease of 64,250 from the preceding week’s revised average of 4,290,250.
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