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U.S. unemployment claims edge up

In the week ending Jan. 2, the advance figure for seasonally adjusted initial unemployment claims in the U.S. was 434,000, an increase of 1,000 from the previous week’s revised figure. The four-week moving average was 450,250, a decrease of 10,250 from the previous week’s revised average.

The advance seasonally adjusted insured unemployment rate was 3.6 percent for the week ending Dec. 26, a decrease of 0.2 percentage point from the prior week’s unrevised rate.

The advance number for seasonally adjusted insured unemployment during the week ending Dec. 26 was 4.802 million, a decrease of 179,000 from the preceding week’s unrevised level. The four-week moving average was approximately five million, a decrease of 95,250 from the preceding week’s unrevised average of 5.101 million.

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

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