31 July 2014

• U.S. Initial Unemployment Claims – 26 July 2014


In the week ending July 26, the advance figure for seasonally adjusted initial claims was 302,000, an increase of 23,000 from the previous week's revised level. The previous week's level was revised down by 5,000 from 284,000 to 279,000.

The 4-week moving average was 297,250, a decrease of 3,500 from the previous week's revised average. This is the lowest level for this average since April 15, 2006 when it was 296,000. The previous week's average was revised down by 1,250 from 302,000 to 300,750.

The advance seasonally adjusted insured unemployment rate was 1.9 percent for the week ending July 19, unchanged from the previous week's unrevised rate.

The highest insured unemployment rates in the week ending July 12 were in Puerto Rico (4.3), New Jersey (3.5), Alaska (3.1), Connecticut (3.1), Pennsylvania (2.9), California (2.8), Nevada (2.7), Rhode Island (2.7), Illinois (2.5), Massachusetts (2.5), Michigan (2.3), and New York (2.3).

The largest increases in initial claims for the week ending July 19 were in Kansas (+867), Maine (+296), Ohio (+292), and South Carolina (+206), while the largest decreases were in New York (-18,663), Pennsylvania (-7,233), California (- 6,222), Georgia (-4,661), and Indiana (-4,283).

Note: “Insured unemployment rate” refers to individuals who are unemployed and receiving UC benefits.

See the complete report at this link: USDOL-BLS


No comments:

Post a Comment