Boom Doom Economy: USA Weekly Unemployment Claims Drop to 391K (Charts) *4-week average at Post-Great Recession low!*

Thursday, February 24, 2011

USA Weekly Unemployment Claims Drop to 391K (Charts) 4-week average at Post-Great Recession low!

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United States Department of Labor: Unemployment Insurance Weekly Claims Report

USA Weekly Unemployment Claims Drop to 391K

4-Week Moving Average at Post-Great Recession Low!

The Weekly Unemployment Claims page has been updated with the latest report by the U.S. Department of Labor for the week ended February 19, 2011. The related charts (4-Week Moving Average and Weekly Unemployment Insurance Claims) have also been updated.

Official Statement by the US Department of Labor In the week ending Feb. 19, the advance figure for seasonally adjusted initial claims was 391,000, a decrease of 22,000 from the previous week's revised figure of 413,000. The 4-week moving average was 402,000, a decrease of 16,500 from the previous week's revised average of 418,500. The advance seasonally adjusted insured unemployment rate was 3.0 percent for the week ending Feb. 12, a decrease of 0.1 percentage point from the prior week's unrevised rate of 3.1 percent. The advance number for seasonally adjusted insured unemployment during the week ending Feb.12 was 3,790,000, a decrease of 145,000 from the preceding week's revised level of 3,935,000. The 4-week moving average was 3,892,750, a decrease of 54,750 from the preceding week's revised average of 3,947,500.

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