Weekly Initial Unemployment Claims Increase to 210,000

The DOL reported : In the week ending February 15, the advance figure for seasonally adjusted initial claims was 210,000 , an increase of 4,000 from the previous week's revised level. The previous week's level was revised up by 1,000 from 205,000 to 206,000. The 4-week moving average was 209,000, a decrease of 3,250 from the previous week's revised average. The previous week's average was revised up by 250 from 212,000 to 212,250. emphasis added The previous week was revised up. The following graph shows the 4-week moving average of weekly claims since 1971. Click on graph for larger image.......(read more)

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