WASHINGTON - September 23, 2010 - Initial jobless claims for the week ending September 18 were 460,000, which was higher than the 450,000 that were expected.
So we're back in initial jobless claims limbo.

In the week ending September 11, the advance figure for seasonally adjusted initial claims was 450,000, a decrease of 3,000 from the previous week's revised figure of 453,000. The 4-week moving average was 464,750, a decrease of 13,500 from the previous week's revised average of 478,250.

The advance seasonally adjusted insured unemployment rate was 3.5% for the week ending September 4, a decrease of 0.1% from the prior week's revised rate of 3.6%.

The advance number for seasonally adjusted insured unemployment during the week ending September 4 was 4,485,000, a decrease of 84,000 from the preceding week's revised level of 4,569,000. The 4-week moving average was 4,503,000, a decrease of 7,500 from the preceding week's revised average of 4,510,500.