Vision Payroll

According to the US Department of Labor, in the week ending November 28, the advance figure for seasonally adjusted initial claims was 457,000, a decrease of 5,000 from the previous week’s revised figure of 462,000. The 4-week moving average was 481,250, a decrease of 14,250 from the previous week’s revised average of 495,500.

The advance seasonally adjusted insured unemployment rate was 4.1% for the week ending November 21, unchanged from the prior week’s unrevised rate of 4.1%.

The advance number for seasonally adjusted insured unemployment during the week ending November 21 was 5,465,000, an increase of 28,000 from the preceding week’s revised level of 5,437,000. The 4-week moving average was 5,541,500, a decrease of 75,750 from the preceding week’s revised average of 5,617,250.

The fiscal year-to-date average for seasonally adjusted insured unemployment for all programs is 5.832 million.