Jobless Claims Rise by More than 3.3 Million for Second Week
Washington, DC, April 2, 2020-In the week ending March 28, the advance figure for seasonally adjusted initial claims was 6,648,000, an increase of 3,341,000 from the previous week's revised level, according to the U.S. Department of Labor.
This marks the highest level of seasonally adjusted initial claims in the history of the seasonally adjusted series.
The previous week's level was revised up by 24,000 from 3,283,000 to 3,307,000. The 4-week moving average was 2,612,000, an increase of 1,607,750 from the previous week's revised average. The previous week's average was revised up by 6,000 from 998,250 to 1,004,250.