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Economy

Economic Data (USA)

Thursday, March 24, 2022

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

Jobless Claims
Jobless Claims

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

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Predicted: 200,000

  • Actual: 187,000
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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): 215,000
  • 4-Week Moving Average: 211,750

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From Today's Report

"...In the week ending March 19, the advance figure for seasonally adjusted initial claims was 187,000, a decrease of 28,000 from the previous week's revised level. This is the lowest level for initial claims since September 6, 1969 when it was 182,000. The previous week's level was revised up by 1,000 from 214,000 to 215,000. The 4-week moving average was 211,750, a decrease of 11,500 from the previous week's revised average. The previous week's average was revised up by 250 from 223,000 to 223,250.


The advance seasonally adjusted insured unemployment rate was 1.0 percent for the week ending March 12, unchanged from the previous week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending March 12 was 1,350,000, a decrease of 67,000 from the previous week's revised level. This is the lowest level for insured unemployment since January 3, 1970 when it was 1,332,000. The previous week's level was revised down by 2,000 from 1,419,000 to 1,417,000. The 4-week moving average was 1,431,500, a decrease of 31,000 from the previous week's revised average. This is the lowest level for this average since February 28, 1970 when it was 1,421,000. The previous week's average was revised down by 500 from 1,463,000 to 1,462,500..."


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