New Unemployment Insurance Claims for The Week of February 19, 2022

Jobless Claims

Earlier today, the Labor Department released its weekly report on New Jobless Insurance Claims for the week that ended on February 19, 2022:

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Predicted: 240,000

• Actual: 232,000

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The yellow-highlighted figure represents the number of first-time claims for unemployment benefits for the entire United States. The "predicted" figure is what economists were expecting, while the "actual" is the true or real figure.

• Previous Week (revised): 249,000

• 4-Week Moving Average: 236,250

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From Today's Report

"...The advance number for seasonally adjusted insured unemployment during the week ending February 12 was 1,476,000, a decrease of 112,000 from the previous week's revised level. This is the lowest level for insured unemployment since March 14, 1970 when it was 1,456,000. The previous week's level was revised down by 5,000 from 1,593,000 to 1,588,000. The 4-week moving average was 1,576,000, a decrease of 49,000 from the previous week's revised average. This is the lowest level for this average since June 30, 1973 when it was 1,570,000. The previous week's average was revised down by 1,250 from 1,626,250 to 1,625,000..."

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• Click here to view the full Labor Department report

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