Department of Labor Reports 218,000 Initial Unemployment Claims For The Week Ending December 23, 2023 – An Increase Of 12,000 From The Previous Week's Upward Revised Level

Details: Last Updated: Thursday, 28 December 2023 05:41; Published: Thursday, 28 December 2023 05:49

UNEMPLOYMENT INSURANCE WEEKLY CLAIMS - SEASONALLY ADJUSTED DATA

December 28, 2023 - In the week ending December 23, the advance figure for seasonally adjusted initial claims was 218,000, an increase of 12,000 from the

previous week's revised level. The previous week's level was revised up by 1,000 from 205,000 to 206,000. The 4-week moving average was 212,000, a decrease of 250 from the previous week's revised average. The previous week's average was revised up by 250 from 212,000 to 212,250.

The advance seasonally adjusted insured unemployment rate was 1.3 percent for the week ending December 16, an increase of 0.1 percentage point from the previous week's revised rate. The previous week's rate was revised down by 0.1 from 1.3 to 1.2 percent. The advance number for seasonally adjusted insured unemployment during the week ending December 16 was 1,875,000, an increase of 14,000 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 1,864,500, a decrease of 12,500 from the previous week's revised average. The previous week's average was revised down by 1,000 from 1,878,000 to 1,877,000.

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Source: DOL

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