Saturday, February 28, 2026

US Hits Another 5.2M Jobless Claims

This morning the Department of Labor announced the Initial Jobless Claims for the week ended April 11th, the seasonally adjusted claims came in at 5,245,000, a decrease of 1,370,000 from the previous week’s revised level.

Source: Department of Labor

The largest increases in initial claims for the week ending April 4 were in Georgia (+256,312), Michigan (+84,219), Arizona (+43,488), Texas (+38,982), and Virginia (+34,872), while the largest decreases were in California (-139,511), Pennsylvania (-127,037), Florida (-58,599), Ohio (-48,097), and Massachusetts (-41,776).

Source: Department of Labor

Information for this briefing was found via the Department of Labor. The author has no securities or affiliations with any of the mentioned securities. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

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