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Initial claims for U.S. state unemployment fell 4,000 to 316,000 in the March 17 week, the Labor Department reported Thursday morning.
A Labor Department analyst said that there were no special factors during the week.
Initial claims came in below the median expectation. Forecasts in a Market News International survey had centered on 322,000 new claims, within a range of 315,000 to 330,000.
A survey week comparison shows initial claims declined 15,000 from their level of 331,000 in the week ended Feb. 17.
Seasonal factors had expected initial unadjusted claims to decrease 7.0%, or about 21,000, in the March 17 week, the analyst said. Instead, unadjusted claims fell 8.2%, or 24,543, to 274,263. The level of unadjusted initial claims was above the 269,237 level in the comparable week a year ago.
The four-week moving average for initial claims in the March 17 week declined 3,750 to 326,000.
Initial claims in the March 10 week were revised to 320,000, from a preliminary estimate of 318,000, down 10,000 from the previous week s level.
Continuing claims fell 69,000 to 2.501 million in the March 10 week. The four-week moving average fell 1,250 to 2.556 million.
Unadjusted continuing claims fell 140,971 to 2.876 million in the March 10 week, above the 2.840 million level in the comparable week in 2006.
The seasonally adjusted insured unemployment rate decreased to 1.9% in the March 10 week from 2.0% in the previous week and was unchanged from a year ago.
The unemployment rate among the insured labor force is roughly half that reported monthly by the Labor Department because claims are approved for the most part only for job losers, not the job leavers and labor force reentrants included in the monthly report.
The Labor Department is scheduled to release annual revisions for initial claims next Thursday, March 29. |
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發表於 2007-3-22 21:56:06
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