Research >> Economics
Weekly Initial Unemployment Claims Decrease 4,000 to 226,000
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In the week ending March 10, the advance figure for seasonally adjusted initial claims was 226,000, a decrease of 4,000 from the previous week's revised level. The previous week's level was revised down by 1,000 from 231,000 to 230,000. The 4-week moving average was 221,500, a decrease of 750 from the previous week's revised average. The previous week's average was revised down by 250 from 222,500 to 222,250. Claims taking procedures in Puerto Rico and in the Virgin Islands have still not returned to normal.
The advance seasonally adjusted insured unemployment rate was 1.3 percent for the week ending March 3, unchanged from the previous week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending March 3 was 1,879,000, an increase of 4,000 from the previous week's revised level. The previous week's level was revised up 5,000 from 1,870,000 to 1,875,000. The 4-week moving average was 1,890,750, a decrease of 17,250 from the previous week's revised average. The previous week's average was revised up by 1,250 from 1,906,750 to 1,908,000.
Posted: March 15, 2018 Thursday 08:30 AM