15 January 2015

• U.S. Initial Unemployment Claims — 10 JAN 2015


In the week ending January 10, the advance figure for seasonally adjusted initial claims was 316,000, an increase of 19,000 from the previous week's revised level. The previous week's level was revised up by 3,000 from 294,000 to 297,000.

The 4-week moving average was 298,000, an increase of 6,750 from the previous week's revised average. The previous week's average was revised up by 750 from 290,500 to 291,250.

The advance seasonally adjusted insured unemployment rate was 1.8 percent for the week ending January 3, a decrease of 0.1 percentage point from the previous week's revised rate. The previous week's rate was revised up by 0.1 from 1.8 to 1.9 percent. The advance number for seasonally adjusted insured unemployment during the week ending January 3 was 2,424,000, a decrease of 51,000 from the previous week's revised level.

The highest insured unemployment rates in the week ending December 27 were in Alaska (5.0), New Jersey (3.4), Connecticut (3.3), Massachusetts (3.1), Montana (3.0), Rhode Island (3.0), Wisconsin (3.0), Pennsylvania (2.9), California (2.8), and Oregon (2.8).

The largest increases in initial claims for the week ending January 3 were in New York (+21,493), Georgia (+14,274), South Carolina (+8,955), Texas (+5,422), and Florida (+5,338), while the largest decreases were in California (-13,261), Michigan (-5,476), New Jersey (-3,852), Iowa (-3,542), and Massachusetts (-3,379).

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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