According to the US Department of Labor, in the week ending February 26, the advance figure for seasonally adjusted initial claims was 368,000, a decrease of 20,000 from the previous week’s revised figure of 388,000. The 4-week moving average was 388,500, a decrease of 12,750 from the previous week’s revised average of 401,250.

Advance Seasonally Adjusted Insured Unemployment Rate Decreases

The advance seasonally adjusted insured unemployment rate was 3.0% for the week ending February 19, a decrease of 0.1 percentage points from the prior week’s revised rate of 3.1%.

Advance Seasonally Adjusted Insured Unemployment Decreases

The advance number for seasonally adjusted insured unemployment during the week ending February19 was 3,774,000, a decrease of 59,000 from the preceding week’s revised level of 3,833,000. The 4-week moving average was 3,863,750, a decrease of 40,500 from the preceding week’s revised average of 3,904,250.