Department of Labor Reports 230,000 Initial Unemployment Claims For The Week Ending April 22, 2023 – A Decrease Of 16,000 From The Previous Week's Revised Level

Details: Last Updated: Thursday, 27 April 2023 05:45; Published: Thursday, 27 April 2023 07:07

UNEMPLOYMENT INSURANCE WEEKLY CLAIMS - SEASONALLY ADJUSTED DATA

April 27, 2023 - In the week ending April 22, the advance figure for seasonally adjusted initial claims was 230,000, a decrease of 16,000 from the previous week's revised level. The

previous week's level was revised up by 1,000 from 245,000 to 246,000. The 4-week moving average was 236,000, a decrease of 4,000 from the previous week's revised average. The previous week's average was revised up by 250 from 239,750 to 240,000.

The advance seasonally adjusted insured unemployment rate was 1.3 percent for the week ending April 15, unchanged from the previous week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending April 15 was 1,858,000, a decrease of 3,000 from the previous week's revised level. The previous week's level was revised down by 4,000 from 1,865,000 to 1,861,000. The 4-week moving average was 1,836,500, an increase of 10,250 from the previous week's revised average. This is the highest level for this average since December 18, 2021 when it was 1,838,000. The previous week's average was revised down by 1,000 from 1,827,250 to 1,826,250.

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Source: DOL

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