First time jobless claims fall to 388,000
Washington, DC, United States (AHN) – The number of jobless Americans filing first time claims for unemployment compensation benefits fell by 6,000 to 388,000 for the week ending March 26, the Labor Department said Thursday.
While the weekly number fell, the four-week moving average rose slightly by 3,250 claimants to 394,250, from the previous week’s revised average of 391,000. The jobless rate bounces around slightly from week-to-week, but it has generally been trending downward since the beginning of the year.
The percentage of unemployed Americans covered by unemployment compensation insurance remained stable at 3 percent for the week ending March 19, unchanged from the previous week.
The number of people filing ongoing claims for jobless benefits dropped by a modest 51,000 claims to 3,714,000 during the week ending March 19, the most recent week that data is available.
A total of 8,770,443 Americans claimed benefits in all jobless programs for the week ending March 12, the latest week for which such data is available.
In addition, extended benefits were available in 35 states and the District of Columbia for the week ending March 12. That number has remained stable since last year.
Those states were Alabama, Alaska, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Idaho, Illinois, Indiana, Kansas, Kentucky, Maine, Massachusetts, Michigan, Minnesota, Missouri, Nevada, New Jersey, New Mexico, New York, North Carolina, Ohio, Oregon, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Virginia, Washington, West Virginia and Wisconsin.
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