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Unemployment claims fall again

In the week ending Sept. 5, the advance figure for seasonally adjusted unemployment initial claims in the U.S. was 550,000, a decrease of 26,000 from the previous week’s revised figure. The four-week moving average was 570,000, a decrease of 2,750 from the previous week’s revised average.

The advance seasonally adjusted insured unemployment rate was 4.6 percent for the week ending Aug. 29, a decrease of 0.1 percentage point from the prior week’s unrevised rate of 4.7 percent.

The advance number for seasonally adjusted insured unemployment during the week ending Aug. 29 was 6.088 million, a decrease of 159,000 from the preceding week’s revised level of 6.247 million. The four-week moving average was approximately 6.18 million, a decrease of 37,750 from the preceding week’s revised average

The fiscal year-to-date average for seasonally adjusted insured unemployment for all programs is 5.617 million.

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