According to the US Department of Labor, in the week ending March 13, the advance figure for seasonally adjusted initial claims was 457,000, a decrease of 5,000 from the previous week’s unrevised figure of 462,000. The 4-week moving average was 471,250, a decrease of 4,250 from the previous week’s unrevised average of 475,500.
The advance seasonally adjusted insured unemployment rate was 3.5% for the week ending March 6, unchanged from the prior week’s unrevised rate of 3.5%.
The advance number for seasonally adjusted insured unemployment during the week ending March 6 was 4,579,000, an increase of 12,000 from the preceding week’s revised level of 4,567,000. The 4-week moving average was 4,575,250, a decrease of 8,000 from the preceding week’s revised average of 4,583,250.
The fiscal year-to-date average of seasonally adjusted weekly insured unemployment, which corresponds to the appropriated AWIU trigger, was 5.166 million.