REVISION TO SEASONAL ADJUSTMENT FACTORS
Note:This week's release reflects the annual revision to the weekly unemployment claims seasonal adjustment factors. The seasonal adjustment factors used for the UI Weekly Claims data from 2019 forward, along with the resulting seasonally adjusted values for initial claims and continuing claims, have been revised. In addition, please note that this year the Bureau of Labor Statistics (BLS) has implemented new models to seasonally adjust both the initial claims and continued claims. For more information regarding the new methodology, please see the additional information at the end of this news release.
UNEMPLOYMENT INSURANCE WEEKLY CLAIMS - SEASONALLY ADJUSTED DATA
March 14, 2024 - In the week ending March 9, the advance figure for seasonally adjusted initial claims was 209,000, a decrease of 1,000
from the previous week's revised level. The previous week's level was revised down by 7,000 from 217,000 to 210,000. The 4-week moving average was 208,000, a decrease of 500 from the previous week's revised average. The previous week's average was revised down by 3,750 from 212,250 to 208,500.
The advance seasonally adjusted insured unemployment rate was 1.2 percent for the week ending March 2, unchanged from the previous week's revised rate. The previous week's rate was revised down by 0.1 from 1.3 to 1.2 percent. The advance number for seasonally adjusted insured unemployment during the week ending March 2 was 1,811,000, an increase of 17,000 from the previous week's revised level. The previous week's level was revised down by 112,000 from 1,906,000 to 1,794,000. The 4-week moving average was 1,799,250, an increase of 2,000 from the previous week's revised average. The previous week's average was revised down by 91,000 from 1,888,250 to 1,797,250
Click here for full reportSource: DOL
Related: Department of Labor Reports 217,000 Initial Unemployment Claims For The Week Ending March 2, 2024 – Unchanged From The Previous Week's Upward Revised Level
Department of Labor Reports 215,000 Initial Unemployment Claims For The Week Ending February 24, 2024 – An Increase Of 13,000 From The Previous Week's Upward Revised Level
Department of Labor Reports 201,000 Initial Unemployment Claims For The Week Ending February 17, 2024 – A Decrease Of 12,000 From The Previous Week's Upward Revised Level
Department of Labor Reports 212,000 Initial Unemployment Claims For The Week Ending February 10, 2024 – A Decrease Of 8,000 From The Previous Week's Upward Revised Level
Department of Labor Reports 218,000 Initial Unemployment Claims For The Week Ending February 3, 2024 – A Decrease Of 9,000 From The Previous Week's Upward Revised Level
Department of Labor Reports 224,000 Initial Unemployment Claims For The Week Ending January 27, 2024 – An Increase Of 9,000 From The Previous Week's Upward Revised Level
Department of Labor Reports 214,000 Initial Unemployment Claims For The Week Ending January 20, 2024 – An Increase Of 25,000 From The Previous Week's Upward Revised Level
Department of Labor Reports 187,000 Initial Unemployment Claims For The Week Ending January 13, 2024 – A Decrease Of 16,000 From The Previous Week's Upward Revised Level - This is the Lowest Level for Initial Claims Since September 24, 2022
Department of Labor Reports 202,000 Initial Unemployment Claims For The Week Ending January 6, 2024 – A Decrease Of 1,000 From The Previous Week's Upward Revised Level
Department of Labor Reports 202,000 Initial Unemployment Claims For The Week Ending December 30, 2023 – A Decrease Of 18,000 From The Previous Week's Upward Revised Level
Click here for a full list of week-by-week 2022 Initial Unemployment Claims
