Research >> Economics
Weekly Initial Unemployment Claims Decrease 36,000 to 289,000
|
In the week ending March 7, the advance figure for seasonally adjusted initial claims was 289,000, a decrease of 36,000 from the previous week's revised level. The previous week's level was revised up by 5,000 from 320,000 to 325,000. The 4-week moving average was 302,250, a decrease of 3,750 from the previous week's revised average. The previous week's average was revised up by 1,250 from 304,750 to 306,000. There were no special factors impacting this week's initial claims.
The advance seasonally adjusted insured unemployment rate was 1.8 percent for the week ending February 28, unchanged from the previous week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending February 28 was 2,418,000, a decrease of 5,000 from the previous week's revised level. The previous week's level was revised up 2,000 from 2,421,000 to 2,423,000. The 4-week moving average was 2,416,750, an increase of 12,750 from the previous week's revised average. The previous week's average was revised up by 500 from 2,403,500 to 2,404,000.
Posted: March 12, 2015 Thursday 08:30 AM