Jobless Claims: Increase of 13,000 From the Previous Weeks

WASHINGTON, D.C. (February 18, 2021)—in the week ending February 13, the advance figure for seasonally adjusted initial claims was 861,000, an increase of 13,000 from the previous week’s revised level. The previous week’s level was revised up by 55,000 from 793,000 to 848,000.

The 4-week moving average was 833,250, a decrease of 3,500 from the previous week’s revised average. The  previous week’s average was revised up by 13,750 from 823,000 to 836,750.

The advance seasonally adjusted insured unemployment rate was 3.2 percent for the week ending February 6, unchanged from the previous week’s unrevised rate. The advance number for seasonally adjusted insured
unemployment during the week ending February 6 was 4,494,000, a decrease of 64,000 from the previous week’s revised level. The previous week’s level was revised up 13,000 from 4,545,000 to 4,558,000. The 4-week moving average was 4,632,000, a decrease of 120,250 from the previous week’s revised average. The previous week’s average was revised up by 3,500 from 4,748,750 to 4,752,250.

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“On a state-by-state basis, some populous states again reported large increases in new claims for the week ended February 13, contributing heavily to the overall rise. Illinois saw more than 33,000 new claims filed last week, on an unadjusted basis, while California estimated that 20,600 claims were filed. Others, however, saw notable decreases, including Texas with a drop of 12,400 unadjusted new claims, and Georgia with a drop of nearly 6,000,” according to Bloomberg. 

Source: DOL

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