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Weekly Initial Unemployment Claims Increase to 205,000

The DOL reported:

In the week ending February 8, the advance figure for seasonally adjusted initial claims was 205,000, an increase of 2,000 from the previous week’s revised level. The previous week’s level was revised up by 1,000 from 202,000 to 203,000. The 4-week moving average was 212,000, unchanged from the previous week’s revised average. The previous week’s average was revised up by 250 from 211,750 to 212,000.
emphasis added

The previous week was revised up.

The following graph shows the 4-week moving average of weekly claims since 1971.

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