Vision Payroll

According to the US Department of Labor, in the week ending April 11, the advance figure for seasonally adjusted initial claims was 610,000, a decrease of 53,000 from the previous week’s revised figure of 663,000. The 4-week moving average was 651,000, a decrease of 8,500 from the previous week’s revised average of 659,500.

The advance seasonally adjusted insured unemployment rate was 4.5% for the week ending April 4, an increase of 0.1 percentage points from the prior week’s unrevised rate of 4.4%.

The advance number for seasonally adjusted insured unemployment during the week ending April 4 was 6,022,000, an increase of 172,000 from the preceding week’s revised level of 5,850,000. The 4-week moving average was 5,796,000, an increase of 146,000 from the preceding week’s revised average of 5,650,000.

The fiscal year-to-date average for seasonally adjusted insured unemployment for all programs is 4.781 million.