29 January 2015

• U.S. Initial Unemployment Claims — 29 JAN 2015


In the week ending January 24, the advance figure for seasonally adjusted initial claims was 265,000, a decrease of 43,000 from the previous week's revised level. This is the lowest level for initial claims since April 15, 2000 when it was 259,000. The previous week's level was revised up by 1,000 from 307,000 to 308,000.

The 4-week moving average was 298,500, a decrease of 8,250 from the previous week's revised average. The previous week's average was revised up by 250 from 306,500 to 306,750.

The advance seasonally adjusted insured unemployment rate was 1.8 percent for the week ending January 17, unchanged from the previous week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending January 17 was 2,385,000, a decrease of 71,000 from the previous week's revised level.

The highest insured unemployment rates in the week ending January 10 were in Alaska (4.9), New Jersey (3.7), Connecticut (3.5), Puerto Rico (3.4), Montana (3.3), Pennsylvania (3.3), Massachusetts (3.2), Rhode Island (3.2), Wisconsin (3.2), California (3.0), Illinois (3.0), and West Virginia (3.0).

The largest increases in initial claims for the week ending January 17 were in Puerto Rico (+792) and the Virgin Islands (+25), while the largest decreases were in Pennsylvania (-13,194), New York (-12,255), Georgia (-10,173), Missouri (- 7,082), and Wisconsin (-6,963).

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.

© 2015 Connecticut Human Resource Reports, LLC

URL: http://connecticuthumanresources.blogspot.com/


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