According to the US Department of Labor, in the week ending February 12, the advance figure for seasonally adjusted initial claims was 410,000, an increase of 25,000 from the previous week’s revised figure of 385,000. The 4-week moving average was 417,750, an increase of 1,750 from the previous week’s revised average of 416,000.
Advance Seasonally Adjusted Insured Unemployment Rate Remains Unchanged
The advance seasonally adjusted insured unemployment rate was 3.1% for the week ending February 5, unchanged from the prior week’s unrevised rate of 3.1%.
Advance Seasonally Adjusted Insured Unemployment Decreases
The advance number for seasonally adjusted insured unemployment during the week ending February 5 was 3,911,000, an increase of 1,000 from the preceding week’s revised level of 3,910,000. The 4-week moving average was 3,941,500, an increase of 3,500 from the preceding week’s revised average of 3,938,000.