Unemployment

UNEMPLOYMENT INSURANCE WEEKLY CLAIMS REPORT
In the week ending March 1, the advance figure for seasonally adjusted initial claims was 323,000, a decrease of 26,000 from the previous week’s revised figure of 349,000. The 4-week moving average was 336,500, a decrease of 2,000 from the previous week’s revised average of 338,500.

The advance seasonally adjusted insured unemployment rate was 2.2 percent for the week ending February 22, unchanged from the prior week’s revised rate. The advance number for seasonally adjusted insured unemployment during the week ending February 22 was 2,907,000, a decrease of 8,000 from the preceding week’s revised level of 2,915,000. The 4-week moving average was 2,927,750, a decrease of 14,750 from the preceding week’s revised average of 2,942,500.