US Jobless Claims Rise Slightly More than Expected


The number of Americans filling for unemployment benefits increased by 6 thousand to 229 thousand in the week ending March 9 from the previous week’s unrevised level of 223 thousand. It compares with market expectations of 225 thousand.

The 4-week moving average was 223,750, a decrease of 2,500 from the previous week's unrevised average of 226,250.

According to unadjusted data, the largest gains were seen in Illinois (+3,729); Washington (+1,572); Ohio (+1,143) and Texas (+667) while the biggest declines were registered in New York (-16,409); Kentucky (-1,704) and Georgia (-784). 

The advance seasonally adjusted insured unemployment rate was 1.2 percent for the week ending March 2, unchanged from the previous week's unrevised rate. 

The advance number for seasonally adjusted insured unemployment during the week ending March 2 was 1,776,000, an increase of 18,000 from the previous week's revised level. The previous week's level was revised up 3,000 from 1,755,000 to 1,758,000. The 4-week moving average was 1,766,250, a decrease of 1,000 from the previous week's revised average. The previous week's average was revised up by 750 from 1,766,500 to 1,767,250.

US Jobless Claims Rise Slightly More than Expected


DOL | Agna Gabriel | agna.gabriel@tradingeconomics.com
3/14/2019 12:38:31 PM