<H3>• U.S. Initial Unemployment Claims – 07 June 2014 </H3>

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In the week ending June 7, the advance figure for seasonally adjusted initial claims was 317,000, an increase of 4,000 from the previous week's revised level. The previous week's level was revised up by 1,000 from 312,000 to 313,000. The 4-week moving average was 315,250, an increase of 4,750 from the previous week's revised average. The previous week's average was revised up by 250 from 310,250 to 310,500. The advance seasonally adjusted insured unemployment rate was 2.0 percent for the week ending May 31, unchanged from the previous week's unrevised rate. The highest insured unemployment rates in the week ending May 24 were in Alaska (3.9), Puerto Rico (3.1), Connecticut (2.8), New Jersey (2.8), California (2.7), Pennsylvania (2.7), Nevada (2.6), Illinois (2.4), Massachusetts (2.3), Oregon (2.2), and Rhode Island (2.2). The largest increases in initial claims for the week ending May 31 were in Tennessee (+949), Puerto Rico (+787), Illinois (+654), New Mexico (+626), and Washington (+547), while the largest decreases were in California (-1,944), New Jersey (-1,654), Pennsylvania (-1,416), Massachusetts (-1,152), and North Carolina (-1,037). 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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