<H3>• U.S. Initial Unemployment Claims Up 32k </H3> [Jobless]

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In the week ending May 11, the advance figure for seasonally adjusted initial claims was 360,000, an increase of 32,000 from the previous week's revised figure of 328,000. The 4-week moving average was 339,250, an increase of 1,250 from the previous week's revised average of 338,000. Click on chart to enlarge The advance seasonally adjusted insured unemployment rate was 2.3 percent for the week ending May 4, unchanged from the prior week's unrevised rate. The highest insured unemployment rates in the week ending April 27 were in Alaska (5.1), Puerto Rico (4.4), California (3.4), New Jersey (3.3), New Mexico (3.3), Connecticut (3.2), Pennsylvania (3.1), Nevada (3.0), Oregon (3.0), and Wisconsin (3.0). The largest increases in initial claims for the week ending May 4 were in Georgia (+2,212), New Mexico (+1,539), Kentucky (+892), Tennessee (+668), and Ohio (+552), while the largest decreases were in Connecticut (-1,434), New Hampshire (-867), Massachusetts (-756), Wisconsin (-730), and Rhode Island (-702). Note: “Insured unemployment rate” refers to individuals who are unemployed and receiving UC benefits. Source: USDOL-BLS

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