Thursday, September 15, 2011

US jobless claims up 11k

KUALA LUMPUR: The initial jobless claims in the United States in the week ending Sept 10 rose by 11,000 to 428,000 from 417,000 a week earlier, according to the US Department of Labor (DOL).

In a statement on its website on Thursday, Sept 15, the DOL said that the four-week moving average was 419,500, an increase of 4,000 from the previous week's revised average of 415,500.

The advance seasonally adjusted insured unemployment rate was 3% for the week ending Sept 3, unchanged from the prior week's unrevised rate, it said.

Meanwhile, it said the advance number for seasonally adjusted insured unemployment during the week ending Sept 3 was 3.726 million, a decrease of 12,000 from the preceding week's revised level of 3.738 million.

The four-week moving average was 3.741 million, an increase of 1,250 from the preceding week's revised average of 3.739 million, it said.


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