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US jobless claims increase 31k

FXStreet (London) - In the week ending February 21, the advance figure for US seasonally adjusted initial claims was 313,000, an increase of 31,000 from the previous week's revised level according to the Department for Labor. The previous week's level was revised down by 1,000 from 283,000 to 282,000.

The 4-week moving average was 294,500, an increase of 11,500 from the previous week's revised average. The previous week's average was revised down by 250 from 283,250 to 283,000.

The Department for Labor reported that there were no special factors impacting this week's initial claims.
The advance seasonally adjusted insured unemployment rate was 1.8 percent for the week ending February 14, unchanged from the previous week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending February 14 was 2,401,000, a decrease of 21,000 from the previous week's revised level. The previous week's level was revised down by 3,000 from 2,425,000 to 2,422,000. The 4-week moving average was 2,399,000, an increase of 1,750 from the previous week's revised average. The previous week's average was revised down by 750 from 2,398,000 to 2,397,250.

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