U.S. unemployment claims decrease

In the week ending April 24, the advance figure for seasonally adjusted initial unemployment claims in the U.S. was 448,000, a decrease of 11,000 from the previous week’s revised figure. The four-week moving average was 462,500, an increase of 1,500 from the previous week’s revised average.

The advance seasonally adjusted insured unemployment rate was 3.6 percent for the week ending April 17, unchanged from the prior week’s unrevised rate.

The advance number for seasonally adjusted insured unemployment during the week ending April 17 was 4.645 million, a decrease of 18,000 from the preceding week’s revised level. The four-week moving average was 4.639 million, a decrease of 9,000 from the preceding week’s revised average.

The fiscal year-to-date average of seasonally adjusted weekly insured unemployment, which corresponds to the appropriated AWIU trigger, was 5.186 million.