10 April 2014

• U.S. Initial Unemployment Claims – 05 April 2014


In the week ending April 5, the advance figure for seasonally adjusted initial claims was 300,000, a decrease of 32,000 from the previous week's revised level. The last time initial claims were this low was May 12, 2007 when they were 297,000. The previous week's level was revised up by 6,000 from 326,000 to 332,000.

The 4-week moving average was 316,250, a decrease of 4,750 from the previous week's revised average. The previous week's average was revised up by 1,500 from 319,500 to 321,000.

The advance seasonally adjusted insured unemployment rate was 2.1 percent for the week ending March 29, a decrease of 0.1 from the previous week's unrevised rate of 2.2 percent.ending

The highest insured unemployment rates in the week ending March 22 were in Alaska (5.2), New Jersey (3.9), Connecticut (3.7), California (3.6), Rhode Island (3.6), Illinois (3.5), Pennsylvania (3.5), Puerto Rico (3.4), Massachusetts (3.2), Montana (3.1), Wisconsin (3.1), and Maine (3.0).

The largest increases in initial claims for the week ending March 29 were in California (+17,626), Oregon (+1,851), Ohio (+1,200), Kentucky (+1,119), and Illinois (+941), while the largest decreases were in Pennsylvania (-2,007), Texas (- 1,821), Missouri (-889), New Jersey (-774), and Puerto Rico (-538).

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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