US Unemployment Insurance Claims Hit Lowest Level in 2022, Job Creation ‘Strong’: Labor Department

A Now Hiring sign hangs near the entrance to a Winn-Dixie Supermarket in Hallandale, Fla., on Sept. 21, 2021. Joe Raedle/Getty Images

The number of U.S. citizens filing new claims for unemployment benefits declined to its lowest level in 2022 in the week ending Feb. 26, according to the latest data from the Department of Labor.

Seasonally adjusted initial unemployment claims were at 215,000, a decline of 18,000 from 233,000 in the week ending Feb. 19, according to a March 3 statement from the department. The four-week moving average during the period fell by 6,000 to 230,500. Unadjusted claims fell by 21,285 to 194,693.