In the week ending Nov. 28, the advance figure for seasonally adjusted initial claims was 457,000, a decrease of 5,000 from the previous week’s revised figure of 462,000. The 4-week moving average was 481,250, a decrease of 14,250 from the previous week’s revised average of 495,500.
The advance seasonally adjusted insured unemployment rate was 4.1 percent for the week ending Nov. 21, unchanged from the prior week’s unrevised rate of 4.1 percent. [Read More]
--By crazynutjob, The 405 Club
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