The COVID-19 virus continues to impact the number of initial claims and its impact is also reflected in the increasing levels of insured unemployment.
UNEMPLOYMENT INSURANCE WEEKLY CLAIMS - SEASONALLY ADJUSTED DATA
April 9, 2020 - In the week ending April 4, the advance figure for seasonally adjusted initial claims was 6,606,000, a decrease of 261,000 from the previous
week's revised level. The previous week's level was revised up by 219,000 from 6,648,000 to 6,867,000. The 4-week moving average was 4,265,500, an increase of 1,598,750 from the previous week's revised average. The previous week's average was revised up by 54,750 from 2,612,000 to 2,666,750. The advance seasonally adjusted insured unemployment rate was 5.1 percent for the week ending March 28, an increase of 3.0 percentage points from the previous week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending March 28 was 7,455,000, an increase of 4,396,000 from the previous week's revised level. This marks the highest level of seasonally adjusted insured unemployment in the history of the seasonally adjusted series. The previous high was 6,635,000 in May of 2009. The previous week's level was revised up 30,000 from 3,029,000 to 3,059,000. The 4-week moving average was 3,500,000, an increase of 1,439,000 from the previous week's revised average. The previous week's average was revised up by 7,500 from 2,053,500 to 2,061,000.
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Source: DOL
Related: Department of Labor Reports Due to COVID-19 The Initial Unemployment Claims For The Week Ending March 28, 2020 Was 6,648,000, An Increase Of 3,341,000 From The Previous Week's Revised Level
Department of Labor Reports Due to COVID-19 The Initial Unemployment Claims For The Week Ending March 21, 2020 Was 3,283,000, An Increase Of 3,001,000 From The Previous Week's Revised Level
