Unemployment Insurance Weekly Claims Report [10/28/2010]

[mahatmakanejeeves]

Source: Department of Labor, Employment and Training Administration

EMPLOYMENT AND TRAINING ADMINISTRATION

UNEMPLOYMENT INSURANCE WEEKLY CLAIMS REPORT

SEASONALLY ADJUSTED DATA

In the week ending Oct. 23, the advance figure for seasonally adjusted initial claims was 434,000, a decrease of 21,000 from the previous week's revised figure of 455,000. The 4-week moving average was 453,250, a decrease of 5,500 from the previous week's revised average of 458,750.

The advance seasonally adjusted insured unemployment rate was 3.5 percent for the week ending Oct. 16, a decrease of 0.1 percentage point from the prior week's revised rate of 3.6 percent.

The advance number for seasonally adjusted insured unemployment during the week ending Oct. 16 was 4,356,000, a decrease of 122,000 from the preceding week's revised level of 4,478,000. The 4-week moving average was 4,447,250, a decrease of 38,500 from the preceding week's revised average of 4,485,750.

Read more: http://www.dol.gov/opa/media/press/eta/ui/eta20101479.htm