In the week ending May 19, the advance figure for seasonally adjusted initial claims was 370,000, a decrease of 2,000 from the previous week’s revised figure of 372,000. The 4-week moving average was 370,000, a decrease of 5,500 from the previous week’s revised average of 375,500.
The advance seasonally adjusted insured unemployment rate was 2.6 percent for the week ending May 12, unchanged from the prior week’s unrevised rate.
The advance number for seasonally adjusted insured unemployment during the week ending May 12 was 3,260,000, a decrease of 29,000 from the preceding week’s revised level of 3,289,000. The 4-week moving average was 3,271,500, a decrease of 17,250 from the preceding week’s revised average of 3,288,750.
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