Unemployment Claims Rise

By Staff Writer March 12, 2023 73

In the week ending March 4, the advance figure for seasonally adjusted initial claims was 211,000, an increase of 21,000 from the previous week's unrevised level of 190,000. The 4-week moving average was 197,000, an increase of 4,000 from the previous week's unrevised average of 193,000. The advance seasonally adjusted insured unemployment rate was 1.2 percent for the week ending Feb. 25, an increase of 0.1 percentage point from the previous week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending Feb. 25 was 1,718,000, an increase of 69,000 from the previous week's revised level. The previous week's level was revised down by 6,000 from 1,655,000 to 1,649,000. The 4-week moving average was 1,679,500, an increase of 9,500 from the previous week's revised average. The previous week's average was revised down by 1,500 from 1,671,500 to 1,670,000.

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Last modified on Monday, 13 March 2023 12:00