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Unemployment insurance weekly claims
In the week ending February 26, the advance figure for seasonally adjusted initial claims was 215,000, a decrease of 18,000 from the previous week's revised level. The previous week's level was revised up by 1,000 from 232,000 to 233,000. The 4-week moving average was 230,500, a decrease of 6,000 from the previous week's revised average. The previous week's average was revised up by 250 from 236,250 to 236,500. The advance seasonally adjusted insured unemployment rate was 1.1 percent for the week ending February 19, unchanged from the previous week's unrevised rate. The advance number for seasonally adjusted insured ... (full story)
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Jobless claims total 215,000, less than expected
Initial claims for unemployment insurance totaled 215,000, the lowest total since the beginning of the year and less than Wall Street estimates, the Labor Department said Thursday. Economists surveyed by Dow Jones had been looking for first-time filings to total 225,000 for the week ended Feb. 26. A separate report from the Bureau of Labor Statistics showed that nonfarm productivity rose 6.6% in the fourth quarter, slightly less than the estimate for 6.7%. However, unit labor costs rose 0.9%, well ahead of the expected 0.3%. On jobless claims, last week’s total represented a decline of 18,000 from the previous week ... (full story)
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- Mar 3, 2022 7:31am Posted by
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