Department of Labor Reports The Initial Unemployment Claims For The Week Ending September 12, 2020 At 860,000 Decreases 33,000 From The Previous Week's Revised Level

Details: Last Updated: Thursday, 17 September 2020 05:43; Published: Thursday, 17 September 2020 05:41

UNEMPLOYMENT INSURANCE WEEKLY CLAIMS - SEASONALLY ADJUSTED DATA

September 17, 2020 - In the week ending September 12, the advance figure for seasonally adjusted initial claims was 860,000, a decrease of 33,000 from

the previous week's revised level. The previous week's level was revised up by 9,000 from 884,000 to 893,000. The 4-week moving average was 912,000, a decrease of 61,000 from the previous week's revised average. The previous week's average was revised up by 2,250 from 970,750 to 973,000.

The advance seasonally adjusted insured unemployment rate was 8.6 percent for the week ending September 5, a decrease of 0.7 percentage point from the previous week's revised rate. The previous week's rate was revised up by 0.1 from 9.2 to 9.3 percent. The advance number for seasonally adjusted insured unemployment during the week ending September 5 was 12,628,000, a decrease of 916,000 from the previous week's revised level. The previous week's level was revised up 159,000 from 13,385,000 to 13,544,000. The 4-week moving average was 13,489,000, a decrease of 532,750 from the previous week's revised average. The previous week's average was revised up by 39,750 from 13,982,000 to 14,021,750.

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Source: DOL

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