Weekly Initial Unemployment Claims increased to 229,000

The DOL reported : In the week ending March 9, the advance figure for seasonally adjusted initial claims was 229,000, an increase of 6,000 from the previous week's unrevised level of 223,000. The 4-week moving average was 223,750, a decrease of 2,500 from the previous week's unrevised average of 226,250. 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 graph is the current 4-week average. The four-week average of weekly unemployment claims decreased to......(read more)

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