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ECON: Jobless Claims 410k, In Line With Expectations
Posted to: Micro News
Wednesday, November 21, 2012 8:41 AM
- 410k vs 410k Consensus
- Previous week revised higher to 451k from 439k
- Continued Claims Fell to 3.337 mil vs 3.345 mil Consensus
- Claims still distorted by Hurricane Sandy
In the week ending November 17, the advance figure for seasonally adjusted initial claims was 410,000, a decrease of 41,000 from the previous week's revised figure of 451,000. The 4-week moving average was 396,250, an increase of 9,500 from the previous week's revised average of 386,750.
The advance seasonally adjusted insured unemployment rate was 2.6 percent for the week ending November 10, unchanged from the prior week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending November 10 was 3,337,000, a decrease of 30,000 from the preceding week's revised level of 3,367,000. The 4-week moving average was 3,285,000, an increase of 19,500 from the preceding week's revised average of 3,265,500.
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