16 January 2014

• U.S. Initial Unemployment Claims – 11 January 2014


In the week ending January 11, the advance figure for seasonally adjusted initial claims was 326,000, a decrease of 2,000 from the previous week's revised figure of 328,000.

The 4-week moving average was 335,000, a decrease of 13,500 from the previous week's revised average of 348,500.

The advance seasonally adjusted insured unemployment rate was 2.3 percent for the week ending January 4, an increase of 0.1 percentage point from the prior week's unrevised rate.

The highest insured unemployment rates in the week ending December 28 were in Alaska (6.2), New Jersey (4.0), Connecticut (3.8), Pennsylvania (3.6), Montana (3.5), Wisconsin (3.5), Oregon (3.4), California (3.2), Illinois (3.2), Idaho (3.1), Massachusetts (3.1), Michigan (3.1), Minnesota (3.1), New York (3.1), and Rhode Island (3.1).

The largest increases in initial claims for the week ending January 4 were in New York (+28,314), Georgia (+18,734), South Carolina (+9,632), Alabama (+6,782), and Texas (+6,638), while the largest decreases were in Michigan (-17,635), New Jersey (-6,882), Massachusetts (-5,485), Ohio (-5,482), and Iowa (-4,212).

Click on chart to enlarge

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

See the complete report at this link: USDOL-BLS


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