Initial Jobless Claims Hit 52-Year Low in Week Ending Dec. 4
Washington, DC, December 9, 2021-In the week ending December 4, the advance figure for seasonally adjusted initial claims was 184,000, a decrease of 43,000 from the previous week's revised level, according to the Department of Labor.
This is the lowest level for initial claims since September 6, 1969 when it was 182,000.
The previous week's level was revised up by 5,000 from 222,000 to 227,000. The four-week moving average was 218,750, a decrease of 21,250 from the previous week's revised average. This is the lowest level for this average since March 7, 2020 when it was 215,250. The previous week's average was revised up by 1,250 from 238,750 to 240,000.