In the week ending Dec. 5, the advance figure for seasonally adjusted initial unemployment claims n the U.S. was 474,000, an increase of 17,000 from the previous week’s unrevised figure. The four-week moving average was 473,750, a decrease of 7,750 from the previous week’s revised average.
The advance seasonally adjusted insured unemployment rate was 3.9 percent for the week ending Nov. 28, 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 Nov. 28 was 5.157 million, a decrease of 303,000 from the preceding week’s revised level. The four-week moving average was approximately 5.417 million, a decrease of 123,500 from the preceding week’s revised average.
The fiscal year-to-date average for seasonally adjusted insured unemployment for all programs is 5.767 million.
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