US Weekly Jobless Claims Skyrocket by 24,000 to 399,000$this->bbcode_second_pass_quote('', 'U')NEMPLOYMENT INSURANCE WEEKLY CLAIMS REPORT
SEASONALLY ADJUSTED DATA
In the week ending January 7, the advance figure for seasonally adjusted initial claims was
399,000, an increase of 24,000 from the previous week's revised figure of 375,000. The 4-week moving average was 381,750, an increase of 7,750 from the previous week's revised average of 374,000.
The advance seasonally adjusted insured unemployment rate was 2.9 percent for the week ending December 31, unchanged from the prior week's revised rate.
The advance number for seasonally adjusted insured unemployment during the week ending December 31, was 3,628,000, an increase of 19,000 from the preceding week's revised level of 3,609,000. The 4-week moving average was 3,605,000, unchanged from the preceding week's revised average.
UNADJUSTED DATA
The advance number of actual initial claims under state programs, unadjusted, totaled 642,381 in the week ending January 7, an increase of 102,314 from the previous week. There were 773,499 initial claims in the comparable week in 2011.
The advance unadjusted insured unemployment rate was 3.3 percent during the week ending December 31, an increase of 0.3 percentage point from the prior week's unrevised rate. The advance unadjusted number for persons claiming UI benefits in state programs totaled 4,139,988, an increase of 360,884 from the preceding week. A year earlier, the rate was 3.8 percent and the volume was 4,790,155.
The total number of people claiming benefits in all programs for the week ending December 24 was 7,333,213, an increase of 111,010 from the previous week.
