31 October 2013

• U.S. Initial Unemployment Claims – 26 October 2013

[Jobless]

In the week ending October 26, the advance figure for seasonally adjusted initial claims was 340,000, a decrease of 10,000 from the previous week's unrevised figure of 350,000. The 4-week moving average was 356,250, an increase of 8,000 from the previous week's unrevised average of 348,250:

The advance seasonally adjusted insured unemployment rate was 2.2 percent for the week ending October 19, unchanged from the prior week's unrevised rate.

The highest insured unemployment rates in the week ending October 19 were in Puerto Rico (4.4), Alaska (3.9), Virgin Islands (3.4), New Jersey (2.9), California (2.7), Connecticut (2.7), District of Columbia (2.6), Pennsylvania (2.5), Nevada (2.4), Illinois (2.3), New York (2.3), and Oregon (2.3).

The largest increases in initial claims for the week ending October 19 were in Kentucky (+96), Maine (+49), Delaware (+45), Minnesota (+39), and North Dakota (+32), while the largest decreases were in California (-13,033), Pennsylvania (-3,240), Maryland (-3,222), Illinois (-2,897), and New York (-2,810).

Click on chart to enlarge

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

Source: USDOL-BLS


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