According to the US Department of Labor, in the week ending March 26, the advance figure for seasonally adjusted initial claims was 388,000, a decrease of 6,000 from the previous week’s revised figure of 394,000. The 4-week moving average was 394,250, an increase of 3,250 from the previous week’s revised average of 391,000.
Advance Seasonally Adjusted Insured Unemployment Rate Remains Unchanged
The advance seasonally adjusted insured unemployment rate was 3.0% for the week ending March 19, 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 19 was 3,714,000, a decrease of 51,000 from the preceding week’s revised level of 3,765,000. The 4-week moving average was 3,765,250, a decrease of 32,750 from the preceding week’s revised average of 3,798,000.