Vision Payroll

According to the US Department of Labor, in the week ending August 21, the advance figure for seasonally adjusted initial claims was 473,000, a decrease of 31,000 from the previous week’s revised figure of 504,000. The 4-week moving average was 486,750, an increase of 3,250 from the previous week’s revised average of 483,500.

Advance Seasonally Adjusted Insured Unemployment Rate Decreases

The advance seasonally adjusted insured unemployment rate was 3.5% for the week ending August 14, 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 August 14 was 4,456,000, a decrease of 62,000 from the preceding week’s revised level of 4,518,000. The 4-week moving average was 4,508,750, a decrease of 28,000 from the preceding week’s revised average of 4,536,750.

Seasonally Adjusted Weekly Insured Unemployment

The fiscal year-to-date average of seasonally adjusted weekly insured unemployment, which corresponds to the appropriated AWIU trigger, was 5.001 million.