Department of Labor's Unemployment Insurance Weekly Claims

Department of Labor press release ---- In the week ending February 4, the advance figure for seasonally adjusted initial claims was 234,000, a decrease of 12,000 from the previous week's unrevised level of 246,000. The 4-week moving average was 244,250, a decrease of 3,750 from the previous week's unrevised average of 248,000. This is the lowest level for this average since November 3, 1973 when it was 244,000. The advance seasonally adjusted insured unemployment rate was 1.5 percent for the week ending January 28, unchanged from the previous week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending January 28 was 2,078,000, an increase of 15,000 from the previous week's revised level. The previous week's level was revised down by 1,000 from 2,064,000 to 2,063,000. The 4-week moving average was 2,075,750, a decrease of 3,750 from the previous week's revised average. The previous week's average was revised down by 250 from 2,079,750 to 2,079,500.

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