In the week ending Oct. 31, the advance figure for seasonally adjusted initial unemployment claims in the U.S. was 512,000, a decrease of 20,000 from the previous week’s revised figure. The four-week moving average was 523,750, a decrease of 3,000 from the previous week’s revised average.
The advance seasonally adjusted insured unemployment rate was 4.4 percent for the week ending Oct. 24, unchanged from the prior week’s unrevised rate.
The advance number for seasonally adjusted insured unemployment during the week ending Oct. 24 was 5.749 million, a decrease of 68,000 from the preceding week’s revised level. The four-week moving average was approximately 5.89 million, a decrease of 79,500 from the preceding week’s revised average.
BEFORE YOU GO…
… we’d like to ask for your support. More people are reading the Mississippi Business Journal than ever before, but advertising revenues for all conventional media are falling fast. Unlike many, we do not use a pay wall, because we want to continue providing Mississippi’s most comprehensive business news each and every day. But that takes time, money and hard work. We do it because it is important to us … and equally important to you, if you value the flow of trustworthy news and information which have always kept America strong and free for more than 200 years.
If those who read our content will help fund it, we can continue to bring you the very best in news and information. Please consider joining us as a valued member, or if you prefer, make a one-time contribution.Click for more info