Department of Labor Reports 205,000 Initial Unemployment Claims For The Week Ending December 16, 2023 – An Increase Of 2,000 From The Previous Week's Upward Revised Level

Details: Last Updated: Thursday, 21 December 2023 05:38; Published: Thursday, 21 December 2023 05:50

UNEMPLOYMENT INSURANCE WEEKLY CLAIMS - SEASONALLY ADJUSTED DATA

December 21, 2023 - In the week ending December 16, the advance figure for seasonally adjusted initial claims was 205,000, an increase of

2,000 from the previous week's revised level. The previous week's level was revised up by 1,000 from 202,000 to 203,000. The 4-week moving average was 212,000, a decrease of 1,500 from the previous week's revised average. The previous week's average was revised up by 250 from 213,250 to 213,500.

The advance seasonally adjusted insured unemployment rate was 1.3 percent for the week ending December 9, unchanged from the previous week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending December 9 was 1,865,000, a decrease of 1,000 from the previous week's revised level. The previous week's level was revised down by 10,000 from 1,876,000 to 1,866,000. The 4 -week moving average was 1,878,000, an increase of 6,000 from the previous week's revised avera ge. This is the highest level for this average since December 11, 2021 when it was 1,888,250. The previous week's average was revised down by 2,500 from 1,874,500 to 1,872,000.

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Source: DOL

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