Vision Payroll

According to the US Department of Labor, in the week ending March 20, the advance figure for seasonally adjusted initial claims was 442,000, a decrease of 14,000 from the previous week’s revised figure of 456,000. The 4-week moving average was 453,750, a decrease of 11,000 from the previous week’s revised average of 464,750.

The advance seasonally adjusted insured unemployment rate was 3.6% for the week ending March 13, unchanged from the prior week’s revised rate of 3.6%.

The advance number for seasonally adjusted insured unemployment during the week ending March 13 was 4,648,000, a decrease of 54,000 from the preceding week’s revised level of 4,702,000. The 4-week moving average was 4,689,000, a decrease of 36,500 from the preceding week’s revised average of 4,725,500.

The fiscal year-to-date average of seasonally adjusted weekly insured unemployment, which corresponds to the appropriated AWIU trigger, was 5.140 million.