The Unemployment Insurance Weekly Claims report for the week ending May 1, 2021 has been released by the United States Department of Labor.
|Week Ending 5/1||Prior Week|
|Seasonally adjusted initial claims:||498,000||553,000|
|4 week moving average:||560,000||611,750|
|Seasonally adjusted insured unemployment rate:||2.60%||2.60%|
|Seasonally adjusted insured unemployment number:||3,690,000||3,660,000|
|4-week moving average:||3,675,750||3,684,000|
|Number of unadjusted claims:||504,670||575,350|
|Unadjusted insured unemployment rate:||2.70%||2.70%|
|Unadjusted number claiming UI benefits:||3,786,096||3,790,527|
The full news release report can be downloaded here.
As always, we will continue to monitor this situation and provide updates as they become available. If there are any questions please do not hesitate to contact us or visit our website at www.thomas-and-company.com.