According to the US Department of Labor, in the week ending March 27, the advance figure for seasonally adjusted initial claims was 439,000, a decrease of 6,000 from the previous week’s revised figure of 445,000. The 4-week moving average was 447,250, a decrease of 6,750 from the previous week’s revised average of 454,000.
The advance seasonally adjusted insured unemployment rate was 3.6% for the week ending March 20, unchanged from the prior week’s unrevised rate of 3.6%.
The advance number for seasonally adjusted insured unemployment during the week ending March 20 was 4,662,000, a decrease of 6,000 from the preceding week’s revised level of 4,668,000. The 4-week moving average was 4,679,500, a decrease of 12,500 from the preceding week’s revised average of 4,692,000.
The fiscal year-to-date average of seasonally adjusted weekly insured unemployment, which corresponds to the appropriated AWIU trigger, was 5.259 million. The increase in this number is attributable to the implementation of new seasonal factors.