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March 03, 2000
Unemployment Claims Unchanged
Man
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y interest rate increases later, the full-employment economy keeps on ticking. Unemployment figures just released by the government confirm there has been no slowdown yet.

In the week ending Feb. 26, the advance figure for seasonally adjusted initial claims was 275,000, an increase of 6,000 from the previous week's revised figure of 269,000. The 4-week moving average was 284,000, a decrease of 250 from the previous week's revised average of 284,250.

The advance seasonally adjusted insured unemployment rate was 1.7 percent for the week ending Feb. 19, unchanged from the prior week's unrevised rate of 1.7 percent.

The advance number for seasonally adjusted insured unemployment during the week ending Feb. 19 was 2,098,000, a decrease of 2,000 from the preceding week's revised level of 2,100,000. The 4-week moving average was 2,117,250, an increase of 25,750 from the preceding week's revised average of 2,091,500.

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