US Weekly Jobless Claims climbed 4K to 239,000 v 225,000 eyed

In the week ending February 9, the advance figure for seasonally adjusted initial claims was 239,000, an increase of 4,000 from the previous week’s revised level. The previous week’s level was revised up by 1,000 from 234,000 to 235,000. The 4-week moving average was 231,750, an increase of 6,750 from the previous week’s revised average. This is the highest level for this average since January 27, 2018 when it was 234,000. The previous week’s average was
revised up by 250 from 224,750 to 225,000.

The advance seasonally adjusted insured unemployment rate was 1.2 percent for the week ending February 2, unchanged from the previous week’s unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending February 2 was 1,773,000, an increase of 37,000 from the previous week’s unrevised level of 1,736,000. The 4-week moving average was 1,750,250, an increase of 9,000 from the previous week’s unrevised average of 1,741,250.

Dept of Labor

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