Jobless Claims Rise

By Staff Writer November 03, 2023 276

In the week ending Oct. 28, the advance figure for seasonally adjusted initial claims was 217,000, an increase of 5,000 from the previous week’s revised level. The previous week’s level was revised up by 2,000 from 210,000 to 212,000.

The 4-week moving average was 210,000, an increase of 2,000 from the previous week’s revised average. The previous week’s average was revised up by 500 from 207,500 to 208,000.

The advance seasonally adjusted insured unemployment rate was 1.2 percent for the week ending October 21, unchanged from the previous week’s unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending October 21 was 1,818,000, an increase of 35,000 from the previous week’s revised level. The previous week’s level was revised down by 7,000 from 1,790,000 to 1,783,000. The 4-week moving average was 1,758,250, an increase of 36,500 from the previous week’s revised average. The previous week’s average was revised down by 1,750 from 1,723,500 to 1,721,750.

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Last modified on Monday, 06 November 2023 11:01