Research >> Economics
Weekly Initial Unemployment Claims Decrease 5,000 to 211,000
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In the week ending March 23, the advance figure for seasonally adjusted initial claims was 211,000, a decrease of 5,000 from the previous week's revised level. The previous week's level was revised down by 5,000 from 221,000 to 216,000. The 4-week moving average was 217,250, a decrease of 3,250 from the previous week's revised average. The previous week's average was revised down by 4,500 from 225,000 to 220,500.
The advance seasonally adjusted insured unemployment rate was 1.2 percent for the week ending March 16, unchanged from the previous week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending March 16 was 1,756,000, an increase of 13,000 from the previous week's revised level. The previous week's level was revised down by 7,000 from 1,750,000 to 1,743,000. The 4-week moving average was 1,751,250, a decrease of 4,250 from the previous week's revised average. The previous week's average was revised down by 17,000 from 1,772,500 to 1,755,500.
Posted: March 28, 2019 Thursday 08:30 AM