Initial Jobless Claims Decreased by 111K to 730K in 3rd Week of Feb.

Washington, DC, February 25, 2021-In the week ending February 20, the advance figure for seasonally adjusted initial claims was 730,000, a decrease of 111,000 from the previous week’s revised level, according to the Department of Labor. 

The previous week’s level was revised down by 20,000 from 861,000 to 841,000. The four-week moving average was 807,750, a decrease of 20,500 from the previous week’s revised average. The previous week’s average was revised down by 5,000 from 833,250 to 828,250.