For the week ending February 14, 2009, seasonally-adjusted jobless claims were 627,000. This is the same as last week after an upward revision of 4,000. The four-week running average stands at 619,000. Continuing claims rose to 4,987,000, as did the four-week running average, which have now reached 4,839,500.
The initial claims continue to be the worst since the Reagan-era recession of the early 1980s, while the continuing claims are the worst in the 41-year series curretnl;y available from the Department of Labor.
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