<H3>• U.S. Initial Unemployment Claims — 07 MAR 2015 </H3>

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In the week ending March 7, the advance figure for seasonally adjusted initial claims was 289,000, a decrease of 36,000 from the previous week's revised level. The previous week's level was revised up by 5,000 from 320,000 to 325,000. The 4-week moving average was 302,250, a decrease of 3,750 from the previous week's revised average. The previous week's average was revised up by 1,250 from 304,750 to 306,000. The advance seasonally adjusted insured unemployment rate was 1.8 percent for the week ending February 28, unchanged from the previous week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending February 28 was 2,418,000, a decrease of 5,000 from the previous week's revised level. The highest insured unemployment rates in the week ending February 21 were in Alaska (4.3), New Jersey (3.8), Rhode Island (3.8), Connecticut (3.5), Massachusetts (3.4), Pennsylvania (3.2), West Virginia (3.2), Montana (3.1), Puerto Rico (3.1), and California (3.0). The largest increases in initial claims for the week ending February 28 were in New York (+21,056), Tennessee (+6,293), California (+4,550), Georgia (+2,840), and Alabama (+1,323), while the largest decreases were in Massachusetts (-3,799), Michigan (-2,086), Rhode Island (-1,050), Illinois (-791), and Maryland (-742). Note: “Insured unemployment rate” refers to individuals who are unemployed and receiving UC benefits. See the complete report at this link: USDOL-BLS NOTE: This report is provided with the understanding that the publisher is not engaged in providing legal, financial, accounting or other professional advice. If professional assistance is required, the services of a competent professional should be sought. Furthermore, while we do our best to ensure that these data are accurate, we suggest that any entity making decisions based on these numbers should verify the data at their source prior to making such decisions. © 2015 Connecticut Human Resource Reports, LLC URL: http://connecticuthumanresources.blogspot.com/

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