According to the US Department of Labor, in the week ending March 19, the advance figure for seasonally adjusted initial claims was 382,000, a decrease of 5,000 from the previous week’s revised figure of 387,000. The 4-week moving average was 385,250, a decrease of 1,500 from the previous week’s revised average of 386,750.

Advance Seasonally Adjusted Insured Unemployment Rate Remains Unchanged

The advance seasonally adjusted insured unemployment rate was 3.0% for the week ending March 12, unchanged from the prior week’s unrevised rate of 3.0%.

Advance Seasonally Adjusted Insured Unemployment Decreases

The advance number for seasonally adjusted insured unemployment during the week ending March 12 was 3,721,000, a decrease of 2,000 from the preceding week’s revised level of 3,723,000. The 4-week moving average was 3,755,250 a decrease of 28,000 from the preceding week’s revised average of 3,783,250.