National weekly initial unemployment claims rise 11,000, to 227,000.

Yesterday we reported the nation had 11.3 million unfilled jobs. Today, the U.S. Department of Labor reports an uptick in claims for unemployment benefits

In the week ending March 5, the advance figure for seasonally adjusted initial claims was 227,000, an increase of 11,000 from the previous week’s revised level. The previous week’s level was revised up by 1,000 from 215,000 to 216,000. The 4-week moving average was 231,250, an increase of 500 from the previous week’s revised average. The previous week’s average was revised up by 250 from 230,500 to 230,750.

The advance seasonally adjusted insured unemployment rate was 1.1 percent for the week ending February 26, unchanged from the previous week’s unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending February 26 was 1,494,000, an increase of 25,000 from the previous week’s revised level.

Calculated Risk writes that the number of new claims was above forecast.