Research >> Economics
Weekly Initial Unemployment Claims Increase 7,000 to 230,000
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In the week ending February 10, the advance figure for seasonally adjusted initial claims was 230,000, an increase of 7,000 from the previous week's revised level. The previous week's level was revised up by 2,000 from 221,000 to 223,000. The 4-week moving average was 228,500, an increase of 3,500 from the previous week's revised average. The previous week's average was revised up by 500 from 224,500 to 225,000. 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 1.4 percent for the week ending February 3, unchanged from the previous week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending February 3 was 1,942,000, an increase of 15,000 from the previous week's revised level. The previous week's level was revised up 4,000 from 1,923,000 to 1,927,000. The 4-week moving average was 1,941,250, a decrease of 5,750 from the previous week's revised average. The previous week's average was revised up by 1,000 from 1,946,000 to 1,947,000.
Posted: February 15, 2018 Thursday 08:30 AM