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IPFS News Link • Economy - Economics USA

Weekly Initial Unemployment Claims Increase to 496,000

In the week ending Feb. 20, the advance figure for seasonally adjusted initial claims was 496,000, an increase of 22,000 from the previous week's revised figure of 474,000. The 4-week moving average was 473,750, an increase of 6,000 from the previous week's revised average of 467,750. ... The advance number for seasonally adjusted insured unemployment during the week ending Feb. 13 was 4,617,000, an increase of 6,000 from the preceding week's revised level of 4,611,000. Click on graph for larger image in new window. This graph shows the 4-week moving average of weekly claims since 1971. The four-week average of weekly unemployment claims increased this week by 6,000 to 473,750.