Jobless Claims Rise

Jobless Claims Rise

In the week ending March 21, the advance figure for seasonally adjusted initial claims was 210,000, an increase of 5,000 from the previous week’s unrevised level of 205,000.

The 4-week moving average was 210,500, a decrease of 250 from the previous week’s unrevised average of 210,750. The advance seasonally adjusted insured unemployment rate was 1.2% for the week ending March 14, unchanged from the previous week’s unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending March 14 was 1,819,000, a decrease of 32,000 from the previous week’s revised level. This is the lowest level for insured unemployment since May 25, 2024, when it was 1,804,000.