December 17, 2009 The number of new applications for Unemployment Insurance rose to 480,000 by 7,000 from the previous week's revised figure of 473,000 in the week ending 12 December according to the US Department of Labor.
The 4-week moving average was 467,500, a decrease of 5,250 from the previous week's revised average of 472,750.
Insured unemployment ending the week December 5 declined slightly by 5,000+ from the adjusted preceding week of 5,181,000 to 5,186,000. The 4 week moving average continued to decline, dropping to 5,318,250, a decrease of 106,750 from the preceding week's revised average of 5,425,000.
However persons claiming EUC (Emergency Unemployment Compensation) extended benefits increased by 45,922 during the week ending Nov. 28, from the prior week to 4,266,300 or 82% of all those on UI benefits.
Click here for a larger graph of unemployment claims.
