Initial jobless claims fall more than expected to 639,000 in latest week
SEASONALLY ADJUSTED DATA
In the week ending Feb. 21, the advance figure for seasonally adjusted initial claims was 667,000, an increase of 36,000 from the previous week's revised figure of 631,000. The 4-week moving average was 639,000, an increase of 19,000 from the previous week's revised average of 620,000.
The advance seasonally adjusted insured unemployment rate was 3.8 percent for the week ending Feb. 14, an increase of 0.1 percentage point from the prior week's unrevised rate of 3.7 percent.
The advance number for seasonally adjusted insured unemployment during the week ending Feb. 14 was 5,112,000, an increase of 114,000 from the preceding week's revised level of 4,998,000. The 4-week moving average was 4,932,250, an increase of 89,250 from the preceding week's revised average of 4,843,000.
The fiscal year-to-date average for seasonally adjusted insured unemployment for all programs is 4.466 million.
see full report here...