Vision Payroll

According to the US Department of Labor, in the week ending September 12, the advance figure for seasonally adjusted initial claims was 545,000, a decrease of 12,000 from the previous week’s revised figure of 557,000. The 4-week moving average was 563,000, a decrease of 8,750 from the previous week’s revised average of 571,750.

The advance seasonally adjusted insured unemployment rate was 4.7% for the week ending September 5, an increase of 0.1 percentage points from the prior week’s unrevised rate of 4.6%.

The advance number for seasonally adjusted insured unemployment during the week ending September 5 was 6,230,000, an increase of 129,000 from the preceding week’s revised level of 6,101,000. The 4-week moving average was 6,180,250, a decrease of 5,500 from the preceding week’s revised average of 6,185,750.

The fiscal year-to-date average for seasonally adjusted insured unemployment for all programs is 5.636 million.