20 June 2013

• U.S. Initial Unemployment Claims Up 18k

[Jobless]

In the week ending June 15, the advance figure for seasonally adjusted initial claims was 354,000, an increase of 18,000 from the previous week's revised figure of 336,000 but down 8.3% from the same week a year ago. The 4-week moving average was 348,250, an increase of 2,500 from the previous week's revised average of 345,750.

The advance seasonally adjusted insured unemployment rate was 2.3 percent for the week ending June 8, unchanged from the prior week's unrevised rate.

The highest insured unemployment rates in the week ending June 1 were in Alaska (4.5), Puerto Rico (4.3), New Mexico (3.2), New Jersey (3.1), Connecticut (3.0), Pennsylvania (3.0), California (2.9), Nevada (2.8), Oregon (2.8), and Illinois (2.6).

The largest increases in initial claims for the week ending June 8 were in Pennsylvania (+5,214), Illinois (+3,364), Texas (+3,007), Georgia (+2,937), and Ohio (+2,326), while the largest decreases were in California (-1,209), Kansas (-404), Nebraska (-314), Missouri (-212), and Montana (-202).

Note: “Insured unemployment rate” refers to individuals who are unemployed and receiving UC benefits.

Source: USDOL-BLS


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