Vision Payroll

According to the US Department of Labor, in the week ending December 19, the advance figure for seasonally adjusted initial claims was 452,000, a decrease of 28,000 from the previous week’s unrevised figure of 480,000. The 4-week moving average was 465,250, a decrease of 2,750 from the previous week’s revised average of 468,000.

The advance seasonally adjusted insured unemployment rate was 3.9% for the week ending December 12, unchanged from the prior week’s unrevised rate of 3.9%.

The advance number for seasonally adjusted insured unemployment during the week ending December 12 was 5,076,000, a decrease of 127,000 from the preceding week’s revised level of 5,203,000. The 4-week moving average was 5,233,000, a decrease of 90,000 from the preceding week’s revised average of 5,323,000.

The fiscal year-to-date average for seasonally adjusted insured unemployment for all programs is 5.673 million.