Department of Labor Reports 200,000 Initial Unemployment Claims For The Week Ending April 30, 2022 - An Increase Of 19,000 From The Previous Week's Revised Upward Level

Details: Last Updated: Thursday, 05 May 2022 05:34; Published: Thursday, 05 May 2022 05:34

UNEMPLOYMENT INSURANCE WEEKLY CLAIMS - SEASONALLY ADJUSTED DATA

May 5, 2022 - In the week ending April 30, the advance figure for seasonally adjusted initial claims was 200,000, an increase of 19,000 from the previous week's revised level. The previous week's level

was revised up by 1,000 from 180,000 to 181,000. The 4-week moving average was 188,000, an increase of 8,000 from the previous week's revised average. The previous week's average was revised up by 250 from 179,750 to 180,000.

The advance seasonally adjusted insured unemployment rate was 1.0 percent for the week ending April 23, unchanged from the previous week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending April 23 was 1,384,000, a decrease of 19,000 from the previous week's revised level. This is the lowest level for insured unemployment since January 17, 1970 when it was 1,371,000. The previous week's level was revised down by 5,000 from 1,408,000 to 1,403,000. The 4-week moving average was 1,417,000, a decrease of 36,250 from the previous week's revised average. This is the lowest level for this average since February 21, 1970 when it was 1,409,750. The previous week's average was revised down by 1,750 from 1,455,000 to 1,453,250.

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Source: DOL

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