The advance seasonally adjusted insured unemployment rate was 1.4 percent for the week ending September 9, unchanged from the previous week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending September 9 was 1,980,000, an increase of 44,000 from the previous week's revised level. The 4-week moving average was 1,953,000, an increase of 6,500 from the previous week's revised average.
Unemployment Claims down to 259,000
In the week ending September 16, the advance figure for seasonally adjusted initial claims was 259,000, a decrease of 23,000 from the previous week's revised level. The previous week's level was revised down by 2,000 from 284,000 to 282,000. The 4-week moving average was 268,750, an increase of 6,000 from the previous week's revised average. This is the highest level for this average since June 4, 2016 when it was 269,500. Hurricanes Harvey and Irma impacted this week's claims.
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