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Unemployment claims rise

In the week ending Aug. 15, the advance figure for seasonally adjusted unemployment initial claims in the U.S. was 576,000, an increase of 15,000 from the previous week’s revised figure. The four-week moving average was 570,000, an increase of 4,250 from the previous week’s revised average.

The advance seasonally adjusted insured unemployment rate was 4.7 percent for the week ending Aug. 8, unchanged from the prior week’s unrevised rate.

The advance number for seasonally adjusted insured unemployment during the week ending Aug. 8 was 6.241 million, an increase of 2,000 from the preceding week’s revised level. The four-week moving average was 6.266 million, a decrease of 2,500 from the preceding week’s revised average.

The fiscal year-to-date average for seasonally adjusted insured unemployment for all programs is 5.565 million.

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