The advance seasonally adjusted insured unemployment rate was 1.3 percent for the week ending September 30, a decrease of 0.1 percentage point from the previous week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending September 30 was 1,889,000, a decrease of 32,000 from the previous week's revised level. This is the lowest level for insured unemployment since December 29, 1973 when it was 1,805,000. The 4-week moving average was 1,925,000, a decrease of 11,500 from the previous week's revised average.
Unemployment Claims down to 243,000
In the week ending October 7, the advance figure for seasonally adjusted initial claims was 243,000, a decrease of 15,000 from the previous week's revised level. The previous week's level was revised down by 2,000 from 260,000 to 258,000. The 4-week moving average was 257,500, a decrease of 9,500 from the previous week's revised average. The previous week's average was revised down by 1,250 from 268,250 to 267,000. Hurricanes Harvey, Irma, and Maria impacted this week's claims.
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