In the week ending September 27, the advance figure for seasonally adjusted initial claims for unemployment insurance was 287,000, a decrease from the previous week's upwardly revised level of 295,000 (from 293,000). The four-week moving average, a less volatile gauge of underlying labor market conditions, declined to nearly 295,000—nearly 10,000 below the month-ago comparison—from the previous week’s average of 299,000.
