In the week ending October 17, the advance figure for seasonally adjusted initial claims was 787,000, a decrease of 55,000 from the previous week’s revised level.
Written content by the US Department of Labor
The previous week’s level was revised down by 56,000 from 898,000 to 842,000. The 4-week moving average was 811,250, a decrease of 21,500 from the previous week’s revised average. The previous week’s average was revised down by 33,500 from 866,250 to 832,750.
The advance seasonally adjusted insured unemployment rate was 5.7 percent for the week ending October 10, a decrease of 0.7 percentage points from the previous week’s revised rate. The previous week’s rate was revised down by 0.4 from 6.8 to 6.4 percent. The advance number for seasonally adjusted insured unemployment during the week ending October 10 was 8,373,000, a decrease of 1,024,000 from the previous week’s revised level.
The previous week’s level was revised down by 621,000 from 10,018,000 to 9,397,000. The 4-week moving average was 10,085,750, a decrease o 1,093,500 from the previous week’s revised average. The previous week’s average was revised down by 302,500 from 11,481,750 to 11,179,250. Read more from the US Department of Labor
Read more economic and finance related stories from News Without Politics