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View All NewsJobless claims average rises but total claims fall 17,000
December 04, 2014
The US four-week moving average of initial claims for unemployment insurance last week rose by 4,750 to a total of 299,000 from the previous week’s upwardly revised average of 294,250, according to seasonally adjusted numbers released today by the US Department of Labor.
The four-week moving average decreases the volatility of the weekly numbers. Total initial claims for unemployment insurance for the week ended Nov. 29 fell by 17,000 to a total of 297,000 from the previous week’s upwardly revised figure of 314,000.
No special factors impacted this week’s initial claims, according to the Department of Labor.