<H3>• U.S. Initial Unemployment Claims – 17 May 2014 </H3>

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In the week ending May 17, the advance figure for seasonally adjusted initial claims was 326,000, an increase of 28,000 from the previous week's revised level. The previous week's level was revised up by 1,000 from 297,000 to 298,000. The 4-week moving average was 322,500, a decrease of 1,000 from the previous week's revised average. The previous week's average was revised up by 250 from 323,250 to 323,500. The advance seasonally adjusted insured unemployment rate was 2.0 percent for the week ending May 10, unchanged from the previous week's unrevised rate. The highest insured unemployment rates in the week ending May 3 were in Alaska (4.7), New Jersey (3.1), Puerto Rico (3.1), California (3.0), Connecticut (2.8), Pennsylvania (2.8), Nevada (2.7), Illinois (2.6), Virgin Islands (2.6), and Massachusetts (2.4). The largest increases in initial claims for the week ending May 10 were in Mississippi (+1,183), Georgia (+1,147), Tennessee (+730), Minnesota (+587), and North Carolina (+324), while the largest decreases were in California (-7,651), Massachusetts (-2,316), Pennsylvania (-1,408), New York (-1,391), and Florida (-1,230). 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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