<H3>• U.S. Initial Unemployment Claims – 10 May 2014 </H3>

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In the week ending May 10, the advance figure for seasonally adjusted initial claims was 297,000, a decrease of 24,000 from the previous week's revised level. This is the lowest level for initial claims since May 12, 2007 when they were 297,000. The previous week's level was revised up by 2,000 from 319,000 to 321,000. The 4-week moving average was 323,250, a decrease of 2,000 from the previous week's revised average. The previous week's average was revised up by 500 from 324,750 to 325,250. The advance seasonally adjusted insured unemployment rate was 2.0 percent for the week ending May 3, unchanged from the previous week's unrevised rate. The highest insured unemployment rates in the week ending April 26 were in Alaska (4.6), New Jersey (3.3), Puerto Rico (3.2), California (3.1), Connecticut (3.0), Rhode Island (3.0), Pennsylvania (2.9), Nevada (2.8), Illinois (2.7), and Massachusetts (2.7). The largest increases in initial claims for the week ending May 3 were in Pennsylvania (+1,403), Texas (+1,147), Illinois (+646), Iowa (+540), and Maryland (+500), while the largest decreases were in New York (-20,637), California (-3,713), New Jersey (-2,565), Connecticut (-1,609), and Massachusetts (-1,277). 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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