Initial Jobless Claims Declined by 3,000 in Week Ending Feb. 18

Washington, DC, February 23, 2023-In the week ending February 18, the advance figure for seasonally adjusted initial claims was 192,000, a decrease of 3,000 from the previous week’s revised level, according to the Department of Labor. 

The previous week’s level was revised up by 1,000 from 194,000 to 195,000. The four-week moving average was 191,250, an increase of 1,500 from the previous week’s revised average. The previous week’s average was revised up by 250 from 189,500 to 189,750.