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September 16, 2010

3K Fewer File First-Time Jobless Claims

In the week ending Sept. 11, 450,000 Americans filed claims for unemployment insurance coverage for the first time, according to the U.S. Department of Labor.

That's a decrease of 3,000 from the previous week's revised figure of 453,000. The 4-week moving average was 464,750, a decrease of 13,500 from the previous week.

The advance seasonally adjusted insured unemployment rate was 3.5 percent for the week ending Sept. 4, a decrease of 0.1 percentage point from the prior week.

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