Department of Labor Reports 803,000 Initial Unemployment Claims For The Week Ending December 19, 2020 - A Decrease Of 89,000 From The Previous Week's Revised Upward Level

Details: Last Updated: Wednesday, 23 December 2020 05:33; Published: Wednesday, 23 December 2020 05:33

UNEMPLOYMENT INSURANCE WEEKLY CLAIMS - SEASONALLY ADJUSTED DATA

December 23, 2020 - In the week ending December 19, the advance figure for seasonally adjusted initial claims was 803,000, a decrease of 89,000 from the previous week's revised level. The

previous week's level was revised up by 7,000 from 885,000 to 892,000. The 4-week moving average was 818,250, an increase of 4,000 from the previous week's revised average. The previous week's average was revised up by 1,750 from 812,500 to 814,250.

The advance seasonally adjusted insured unemployment rate was 3.6 percent for the week ending December 12, a decrease of 0.2 percentage point from the previous week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending December 12 was 5,337,000, a decrease of 170,000 from the previous week's revised level. The previous week's level was revised down by 1,000 from 5,508,000 to 5,507,000. The 4-week moving average was 5,538,000, a decrease of 188,000 from the previous week's revised average. The previous week's average was revised down by 250 from 5,726,250 to 5,726,000.

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Source: DOL

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