According to the US Department of Labor, in the week ending February 27, the advance figure for seasonally adjusted initial claims was 469,000, a decrease of 29,000 from the previous week’s revised figure of 498,000. The 4-week moving average was 470,750, a decrease of 3,500 from the previous week’s revised average of 474,250.
The advance seasonally adjusted insured unemployment rate was 3.5% for the week ending February 20, a decrease of 0.1 percentage points from the prior week’s revised rate of 3.6%.
The advance number for seasonally adjusted insured unemployment during the week ending February 20 was 4,500,000, a decrease of 134,000 from the preceding week’s revised level of 4,634,000. The 4-week moving average was 4,575,750, a decrease of 29,250 from the preceding week’s revised average of 4,605,000.
The fiscal year-to-date average of seasonally adjusted weekly insured unemployment, which corresponds to the appropriated AWIU trigger, was 5.186 million.