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US jobless claims up by 5,000
by hlk Fri 26 Aug 2011, 08:14
KUALA LUMPUR: Initial jobless claims for the week ended Aug 20 rose by 5,000 to 417,000 from 412,000 a week earlier, according to the US Labor Department (DOL).
In a statement on its website on Thursday, Aug 25, the DOL said the 4-week moving average was 407,500, an increase of 4,000 from the previous week's revised average of 403,500.
The advance seasonally adjusted insured unemployment rate was 2.9% the week ended August 13, a 0.1 percentage point decrease from the prior week's revised rate of 3%, it said.
The advance number for seasonally adjusted insured unemployment during the week ended August 13 was 3.64 million, a decrease of 80,000 from the preceding week's revised level of 3.72 million, it said.
The DOL said the 4-week moving average was 3.7 million, a decrease of 19,500 from the preceding week's revised average of 3.72 million.
In a statement on its website on Thursday, Aug 25, the DOL said the 4-week moving average was 407,500, an increase of 4,000 from the previous week's revised average of 403,500.
The advance seasonally adjusted insured unemployment rate was 2.9% the week ended August 13, a 0.1 percentage point decrease from the prior week's revised rate of 3%, it said.
The advance number for seasonally adjusted insured unemployment during the week ended August 13 was 3.64 million, a decrease of 80,000 from the preceding week's revised level of 3.72 million, it said.
The DOL said the 4-week moving average was 3.7 million, a decrease of 19,500 from the preceding week's revised average of 3.72 million.
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