Weekly Initial Unemployment Claims increase to 231,000

The DOL reported : In the week ending March 3, the advance figure for seasonally adjusted initial claims was 231,000 , an increase of 21,000 from the previous week's unrevised level of 210,000. The 4-week moving average was 222,500, an increase of 2,000 from the previous week's unrevised average of 220,500. Claims taking procedures in Puerto Rico and in the Virgin Islands have still not returned to normal. emphasis added The previous week was unrevised. The following graph shows the 4-week moving average of weekly claims since 1971. Click on graph for larger image. The dashed line on the......(read more)

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