US Jobless Claims Fall to 226K as Expected


The number of Americans filing for unemployment benefits went down to 226 thousand in the week ended March 10 2018 from a downwardly revised 230 thousand in the previous week, matching market expectations.

The 4-week moving average was 221,500, a decrease of 750 from the previous week's revised average. The previous week's average was revised down by 250 from 222,500 to 222,250. 

According to unadjusted data, the sharpest declines in initial claims were seen in NY (-18,056), Oregon (-1,368) and Washington (-1,164). Claims in Virgin Islands fell by 16 while in Puerto Rico went up by 467. Claims taking procedures in Puerto Rico and in the Virgin Islands have still not returned to normal. 

The advance seasonally adjusted insured unemployment rate was 1.3 percent for the week ending March 3, unchanged from the previous week's unrevised rate. 

Continuing claims increased by 4,000 to 1,879,000 during the week ending March 3rd. The previous week's level was revised up by 5,000 from 1,870,000 to 1,875,000. The 4-week moving average was 1,890,750, a decrease of 17,250 from the previous week's revised average. The previous week's average was revised up by 1,250 from 1,906,750 to 1,908,000. 

US Jobless Claims Fall to 226K as Expected


DOL | Luisa Carvalho | luisa.carvalho@tradingeconomics.com
3/15/2018 12:57:29 PM