Data from the US Dept. of Labor:
In the week ending March 6, the advance figure for seasonally adjusted initial claims was 462,000, a decrease of 6,000 from the previous week's revised figure of 468,000. The 4-week moving average was 475,500, an increase of 5,000 from the previous week's revised average of 470,500.
Missouri showed a reduction of 1661 layoffs from last week. California (surprise, surprise) had the most added claims at 16,112.
Approximately 14.9 million US workers remain unemployed.
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