<H3>• U.S. Initial Unemployment Claims – 05 July 2014 </H3>

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In the week ending July 5, the advance figure for seasonally adjusted initial claims was 304,000, a decrease of 11,000 from the previous week's unrevised level of 315,000. The 4-week moving average was 311,500, a decrease of 3,500 from the previous week's unrevised average of 315,000. The advance seasonally adjusted insured unemployment rate was 2.0 percent for the week ending June 28, unchanged from the previous week's unrevised rate. The highest insured unemployment rates in the week ending June 21 were in Puerto Rico (3.8), Alaska (3.4), Pennsylvania (2.9), Connecticut (2.8), New Jersey (2.8), California (2.7), Nevada (2.6), Illinois (2.4), Massachusetts (2.2), Oregon (2.2), Rhode Island (2.2), and Virgin Islands (2.2). The largest increases in initial claims for the week ending June 28 were in New Jersey (+8,579), Massachusetts (+4,566), Connecticut (+1,409), Michigan (+983), and New York (+916), while the largest decreases were in California (-7,294), Pennsylvania (-4,608), Illinois (-1,243), Maryland (-1,092), and Wisconsin (-1,063). 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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