26 November 2014

• U.S. Initial Unemployment Claims — 22 November 2014


In the week ending November 22, the advance figure for seasonally adjusted initial claims was 313,000, an increase of 21,000 from the previous week's revised level and down 3.4% from the same week a year ago.

The 4-week moving average was 294,000, an increase of 6,250 from the previous week's revised average. The previous week's average was revised up by 250 from 287,500 to 287,750.

The advance seasonally adjusted insured unemployment rate was 1.7 percent for the week ending November 15, a decrease of 0.1 percentage point from the previous week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending November 15 was 2,316,000, a decrease of 17,000 from the previous week's revised level.

The highest insured unemployment rates in the week ending November 8 were in Alaska (3.6), Puerto Rico (3.2), New Jersey (2.8), California (2.3), Connecticut (2.3), Nevada (2.3), the Virgin Islands (2.3), Pennsylvania (2.2), Massachusetts (2.1), and Oregon (2.0).

The largest increases in initial claims for the week ending November 15 were in Minnesota (+2,904), Montana (+1,614), Wisconsin (+1,214), New York (+1,192), and Colorado (+1,131), while the largest decreases were in California (- 17,588), New Jersey (-2,849), Pennsylvania (-1,645), Oregon (-1,357), and Massachusetts (-1,284).

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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