Research >> Economics
Weekly Initial Unemployment Claims Decrease 23,000 to 216,000
In the week ending February 16, the advance figure for seasonally adjusted initial claims was 216,000, a decrease of 23,000 from the previous week's unrevised level of 239,000. The 4-week moving average was 235,750, an increase of 4,000 from the previous week's unrevised average of 231,750. This is the highest level for this average since January 20, 2018 when it was 237,500.
The advance seasonally adjusted insured unemployment rate was 1.2 percent for the week ending February 9, unchanged from the previous week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending February 9 was 1,725,000, a decrease of 55,000 from the previous week's revised level. The previous week's level was revised up 7,000 from 1,773,000 to 1,780,000. The 4-week moving average was 1,754,750, an increase of 2,750 from the previous week's revised average. The previous week's average was revised up by 1,750 from 1,750,250 to 1,752,000.
Posted: February 21, 2019 Thursday 08:30 AM