Department of Labor Reports 180,000 Initial Unemployment Claims For The Week Ending April 23, 2022 - A Decrease Of 5,000 From The Previous Week's Revised Upward Level

Details: Last Updated: Thursday, 28 April 2022 05:33; Published: Thursday, 28 April 2022 05:33

UNEMPLOYMENT INSURANCE WEEKLY CLAIMS - SEASONALLY ADJUSTED DATA

April 28, 2022 - In the week ending April 23, the advance figure for seasonally adjusted initial claims was 180,000, a decrease of 5,000 from the previous week's revised level. The previous week's l

evel was revised up by 1,000 from 184,000 to 185,000. The 4-week moving average was 179,750, an increase of 2,250 from the previous week's revised average. The previous week's average was revised up by 250 from 177,250 to 177,500.

The advance seasonally adjusted insured unemployment rate was 1.0 percent for the week ending April 16, unchanged from the previous week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending April 16 was 1,408,000, a decrease of 1,000 from the previous week's revised level. This is the lowest level for insured unemployment since February 7, 1970 when it was 1,397,000. The previous week's level was revised down by 8,000 from 1,417,000 to 1,409,000. The 4-week moving average was 1,455,000, a decrease of 24,500 from the previous week's revised average. This is the lowest level for this average since March 14, 1970 when it was 1,435,250. The previous week's average was revised down by 2,250 from 1,481,750 to 1,479,500.

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Source: DOL

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