According to the US Department of Labor, in the week ending February 19, the advance figure for seasonally adjusted initial claims was 391,000, a decrease of 22,000 from the previous week’s revised figure of 413,000. The 4-week moving average was 402,000, a decrease of 16,500 from the previous week’s revised average of 418,500.

Advance Seasonally Adjusted Insured Unemployment Rate Decreases

The advance seasonally adjusted insured unemployment rate was 3.0% for the week ending February 12, a decrease of 0.1 percentage points 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 February12 was 3,790,000, a decrease of 145,000 from the preceding week’s revised level of 3,935,000. The 4-week moving average was 3,892,750, a decrease of 54,750 from the preceding week’s revised average of 3,947,500.