U.S. unemployment claims rise
In the week ending Dec. 12, the advance figure for seasonally adjusted initial unemployment claims in the U.S. was 480,000, an increase of 7,000 from the previous week’s revised figure. The four-week moving average was 467,500, a decrease of 5,250 from the previous week’s revised average.
The advance seasonally adjusted insured unemployment rate was 3.9 percent for the week ending Dec. 5, unchanged from the prior week’s unrevised rate.
The advance number for seasonally adjusted insured unemployment during the week ending Dec. 5 was 5.186 million, an increase of 5,000 from the preceding week’s revised level. The four-week moving average was approximately 5.318 million, a decrease of 106,750 from the preceding week’s revised average.
The fiscal year-to-date average for seasonally adjusted insured unemployment for all programs is 5.722 million.
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