US Weekly Jobless Claims Inch Lower in the Week Ending March 9th
Unemployment Insurance Weekly Claims
On Thursday, the US Department of Labor reported that the advance figure for seasonally adjusted initial unemployment claims was 209,000 during the week ending Saturday, March 9th. This is a decrease of 1,000 from last week’s revised level of 210,000 (originally 217,000). The 4-week moving average was 208,000—a decrease of 500 from the previous week’s revised average of 208,500 (originally 212,250).
The advance number for seasonally adjusted insured unemployment, known as continuing claims, during the week ending March 2nd was 1,811,000. This is an increase of 17,000 from the previous week’s revised total of 1,794,000 (originally 1,906,000). The 4-week moving average was 1,799,250—an increase of 2,000 from the previous week’s revised average of 1,797,250 (originally 1,888,250).
The advance seasonally adjusted insured unemployment rate was 1.2% for the week ending March 2nd, unchanged from the previous week’s revised rate (originally 1.3%).
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