Thursday, September 8, 2011

US jobless claims up by 2,000 to 414,000

KUALA LUMPUR: US initial jobless claims for the week ended Sept 3 rose by 2,000 week-on-week to 414,000, according to the US Department of Labor (DOL).

In a statement on its website on Thursday, Sept 8, the DOL said the 4-week moving average was 414,750, an increase of 3,750 from the previous week's revised average of 411,000.

The advance seasonally adjusted insured unemployment rate was 3% for the week ended August 27, unchanged from the prior week's unrevised rate of 3%, it said.

The advance number for seasonally adjusted insured unemployment during the week ended August 27 was 3.72 million, a decrease of 30,000 from the preceding week's revised level of 3.75 million, it said.

The 4-week moving average was 3.73 million, an increase of 5,500 from the preceding week's revised average of 3.72 million, it said.


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