Department of Labor Reports The Initial Unemployment Claims For The Week Ending September 19, 2020 Increases Slightly to 870,000

Details: Last Updated: Thursday, 24 September 2020 05:40; Published: Thursday, 24 September 2020 05:40

UNEMPLOYMENT INSURANCE WEEKLY CLAIMS - SEASONALLY ADJUSTED DATA

September 24, 2020 - In the week ending September 19, the advance figure for seasonally adjusted initial claims was 870,000, an increase

of 4,000 from the previous week's revised level. The previous week's level was revised up by 6,000 from 860,000 to 866,000. The 4-week moving average was 878,250, a decrease of 35,250 from the previous week's revised average. The previous week's average was revised up by 1,500 from 912,000 to 913,500.

The advance seasonally adjusted insured unemployment rate was 8.6 percent for the week ending September 12, a decrease of 0.1 percentage point from the previous week's revised rate. The previous week's rate was revised up by 0.1 from 8.6 to 8.7 percent. The advance number for seasonally adjusted insured unemployment during the week ending September 12 was 12,580,000, a decrease of 167,000 from the previous week's revised level. The previous week's level was revised up 119,000 from 12,628,000 to 12,747,000. The 4-week moving average was 13,040,750, a decrease of 478,000 from the previous week's revised average. The previous week's average was revised up by 29,750 from 13,489,000 to 13,518,750.

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Source: DOL

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