06 March 2014

• U.S. Initial Unemployment Claims – 01 March 2014


In the week ending March 1, the advance figure for seasonally adjusted initial claims was 323,000, a decrease of 26,000 from the previous week's revised figure of 349,000.

The 4-week moving average was 336,500, a decrease of 2,000 from the previous week's revised average of 338,500. The advance seasonally adjusted insured unemployment rate was 2.2 percent for the week ending February 22, unchanged from the prior week's revised rate.

The highest insured unemployment rates in the week ending February 15 were in Alaska (5.7), Pennsylvania (4.2), New Jersey (4.1), Rhode Island (4.0), Montana (3.7), California (3.6), Wisconsin (3.6), Connecticut (3.5), Illinois (3.5), and Puerto Rico (3.5).

The largest increases in initial claims for the week ending February 22 were in Georgia (+7,383), Massachusetts (+3,502), South Carolina (+3,320), Connecticut (+1,376), and Alabama (+1,259), while the largest decreases were in California (-4,973), Missouri (-3,642), New York (-3,572), Michigan (-2,322), and Oregon (-1,810).

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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