Research >> Economics
Weekly Initial Unemployment Claims Decrease 3,000 to 216,000
In the week ending February 29, the advance figure for seasonally adjusted initial claims was 216,000, a decrease of 3,000 from the previous week's unrevised level of 219,000. The 4-week moving average was 213,000, an increase of 3,250 from the previous week's unrevised average of 209,750.
The advance seasonally adjusted insured unemployment rate was 1.2 percent for the week ending February 22, unchanged from the previous week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending February 22 was 1,729,000, an increase of 7,000 from the previous week's revised level. The previous week's level was revised down by 2,000 from 1,724,000 to 1,722,000. The 4-week moving average was 1,721,250, a decrease of 7,500 from the previous week's revised average. The previous week's average was revised down by 500 from 1,729,250 to 1,728,750.
Posted: March 5, 2020 Thursday 08:30 AM