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Weekly Unemployment Claims: 26 Year High

Anonymous Coward
User ID: 573299
United States
12/25/2008 06:12 PM
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Weekly Unemployment Claims: 26 Year High
The DOL reports on weekly unemployment insurance claims:

In the week ending Dec. 20, the advance figure for seasonally adjusted initial claims was 586,000, an increase of 30,000 from the previous week's revised figure of 556,000. The 4-week moving average was 558,000, an increase of 13,750 from the previous week's revised average of 544,250.
The advance number for seasonally adjusted insured unemployment during the week ending Dec. 13 was 4,370,000, a decrease of 17,000 from the preceding week's revised level of 4,387,000.
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