US Unemployment Insurance: Week of February 7th

Initial jobless claims fell to 227,000 in the week ending February 7 (-5,000 WoW), marking a pullback from the prior week while remaining above year-ago levels.
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Initial claims (SA) declined to 227,000 from 232,000 (-5,000 WoW) but were above 215,000 a year earlier, indicating a weekly easing yet higher YoY filings.
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Initial claims (NSA) fell to 248,397 from 252,952 (-4,555 WoW) and were above 232,745 in the prior year, showing a similar pattern of weekly improvement but elevated versus last year.
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The 4-week moving average of initial claims (SA) rose to 219,500 from 212,500 (+7,000 WoW) and was above 217,250 a year earlier, pointing to a firmer short-term trend despite the weekly drop.
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Insured unemployment (SA) increased to 1,862,000 from 1,841,000 (+21,000 WoW) and was slightly above 1,839,000 a year ago, indicating more continuing claimants both WoW and YoY.
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Insured unemployment (NSA) rose to 2,214,205 from 2,210,750 (+3,455 WoW) and was above 2,187,841 last year, reflecting continued upward pressure in unadjusted continuing claims.
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The 4-week moving average of insured unemployment (SA) fell to 1,846,750 from 1,850,000 (-3,250 WoW) but remained above 1,862,500 a year ago, suggesting some recent stabilization amid higher YoY levels.
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The insured unemployment rate held steady at 1.2% (SA) and 1.4% (NSA), unchanged WoW and YoY, indicating no shift in the share of covered workers receiving benefits.
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Federal program claims increased, with UCFE up to 615 (+47 WoW) and UCX up to 378 (+41 WoW), while both remained near or below prior-year levels (599 and 465, respectively), showing modest weekly gains in federal-related filings.