Thursday, December 11, 2008

Unemployment Up Again

UNEMPLOYMENT INSURANCE WEEKLY CLAIMS REPORT
SEASONALLY ADJUSTED DATA

In the week ending Dec. 6, the advance figure for seasonally adjusted initial claims was 573,000, an increase of 58,000 from the previous week's revised figure of 515,000. The 4-week moving average was 540,500, an increase of 14,250 from the previous week's revised average of 526,250.
The advance seasonally adjusted insured unemployment rate was 3.3 percent for the week ending Nov. 29, an increase of 0.2 percentage point from the prior week's unrevised rate of 3.1 percent.
The advance number for seasonally adjusted insured unemployment during the week ending Nov. 29 was 4,429,000, an increase of 338,000 from the preceding week's revised level of 4,091,000. The 4-week moving average was 4,133,500, an increase of 130,750 from the preceding week's revised average of 4,002,750.

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