30 October 2014

• U.S. Initial Unemployment Claims – 25 October 2014


In the week ending October 25, the advance figure for seasonally adjusted initial claims was 287,000, an increase of 3,000 from the previous week's revised level. The previous week's level was revised up by 1,000 from 283,000 to 284,000.

The 4-week moving average was 281,000, a decrease of 250 from the previous week's revised average.

The advance seasonally adjusted insured unemployment rate was 1.8 percent for the week ending October 18, unchanged from the previous week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending October 18 was 2,384,000, an increase of 29,000 from the previous week's revised level.

The highest insured unemployment rates in the week ending October 11 were in Puerto Rico (3.5), Alaska (3.0), Virgin Islands (2.9), New Jersey (2.7), Connecticut (2.3), California (2.2), Nevada (2.2), Pennsylvania (2.1), Massachusetts (2.0), and Illinois (1.9).

The largest increases in initial claims for the week ending October 18 were in California (+2,754), Michigan (+1,609), Tennessee (+204), Ohio (+169), and Vermont (+53), while the largest decreases were in Pennsylvania (-3,459), New York (-2,965), Texas (-1,720), Florida (-1,444), and Georgia (-1,363).

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.


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