<H3>• U.S. Initial Unemployment Claims – 12 July 2014 </H3>

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In the week ending July 12, the advance figure for seasonally adjusted initial claims was 302,000, a decrease of 3,000 from the previous week's revised level. The previous week's level was revised up by 1,000 from 304,000 to 305,000. The 4-week moving average was 309,000, a decrease of 3,000 from the previous week's revised average. This is the lowest level for this average since June 2, 2007 when it was 307,500. The advance seasonally adjusted insured unemployment rate was 1.9 percent for the week ending July 5, a decrease of 0.1 percentage point from the previous week's unrevised rate. The highest insured unemployment rates in the week ending June 28 were in Puerto Rico (3.9), Alaska (3.4), Connecticut (3.0), New Jersey (3.0), Pennsylvania (2.8), California (2.6), Nevada (2.6), Rhode Island (2.6), Illinois (2.4), Massachusetts (2.3). The largest increases in initial claims for the week ending July 5 were in Michigan (+9,821), New York (+5,272), Ohio (+3,532), Arkansas (+1,981), Missouri (+1,844) and Kentucky (+1,844), while the largest decreases were in California (- 4,008), New Jersey (-3,953), Texas (-2,923), Massachusetts (-1,981), and Connecticut (-1,135). 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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