In the week ending October 11, the advance figure for seasonally adjusted initial claims was 264,000, a decrease of
23,000 from the previous week's unrevised level of 287,000. This is the lowest level for initial claims since April 15,
2000 when it was 259,000.
The 4-week moving average was 283,500, a decrease of 4,250 from the previous week's unrevised average of 287,750. This is the lowest level for this average since June 10, 2000 when it was 283,500. The advance seasonally adjusted insured unemployment rate was 1.8 percent for the week ending October 4, unchanged from the previous week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending October 4 was 2,389,000, an increase of 7,000 from the previous week's revised level.The highest insured unemployment rates in the week ending September 27 were in Puerto Rico (3.5), Virgin Islands (3.0), Alaska (2.9), New Jersey (2.8), Connecticut (2.4), California (2.3), Massachusetts (2.1), Nevada (2.1), Pennsylvania (2.1), Illinois (1.9), District of Columbia (1.8), and Maryland (1.8). The largest increases in initial claims for the week ending October 4 were in New York (+4,753), Texas (+1,976), California (+1,825), Florida (+1,743), and Ohio (+1,734), while the largest decreases were in Oklahoma (-191), Idaho (- 123), Nevada (-82), and the Virgin Islands (-11). Note: “Insured unemployment rate” refers to individuals who are unemployed and receiving UC benefits. See the complete report at this link: USDOL-BLS NOTE: This report is provided with the understanding that the publisher is not engaged in providing legal, financial, accounting or other professional advice. If professional assistance is required, the services of a competent professional should be sought. Furthermore, while we do our best to ensure that these data are accurate, we suggest that any entity making decisions based on these numbers should verify the data at their source prior to making such decisions. |
16 October 2014
• U.S. Initial Unemployment Claims – 11 October 2014
Labels:
unemployment joblessness
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