US Weekly Initial Jobless Claims Decline in the Week Ending March 28
Unemployment Insurance Weekly Claims
On Thursday, the US Department of Labor reported that the advance figure for seasonally adjusted initial unemployment claims was 202,000 for the week ending Saturday, March 28, a decrease of 9,000 from the previous week’s revised level of 211,000 (originally 210,000). The four-week moving average was 207,750—a increase of 250 from the prior week’s revised average of 210,750 (originally 210,500).
The advance number for seasonally adjusted insured unemployment during the week ending March 21 was 1,841,000, an increase of 25,000 from the previous week’s revised level of 1,816,000 (originally 1,819,000). This is the lowest level of the average since September 28, 2024, when it was 1,834,750. The four-week moving average was 1,838,750—a decrease of 7,500 from the prior week’s revised average of 1,846,250 (originally 1,847,000).
The advance seasonally adjusted insured unemployment rate was 1.2% for the week ending March 21, unchanged from the previous week’s unrevised rate.
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