According to the US Department of Labor, in the week ending February 6, the advance figure for seasonally adjusted initial claims was 440,000, a decrease of 43,000 from the previous week’s revised figure of 483,000. The 4-week moving average was 468,500, a decrease of 1,000 from the previous week’s revised average of 469,500.
The advance seasonally adjusted insured unemployment rate was 3.5% for the week ending January 30, unchanged from the prior week’s unrevised rate of 3.5%.
The advance number for seasonally adjusted insured unemployment during the week ending January 30 was 4,538,000, a decrease of 79,000 from the preceding week’s revised level of 4,617,000. The 4-week moving average was 4,603,500, a decrease of 17,750 from the preceding week’s revised average of 4,621,250.
The fiscal year-to-date average for seasonally adjusted insured unemployment for all programs is 5.322 million.