In the week ending May 9, the advance figure for seasonally adjusted initial claims was 264,000, a decrease of 1,000 from the previous week's unrevised level of 265,000. The 4-week moving average was 271,750, a decrease of 7,750 from the previous week's unrevised average of 279,500. This is the lowest level for this average since April 22, 2000 when it was 266,750.
The advance seasonally adjusted insured unemployment rate was 1.7 percent for the week ending May 2, unchanged from the previous week's unrevised rate. The highest insured unemployment rates in the week ending April 25 were in Alaska (3.6), Puerto Rico (2.8), New Jersey (2.7), Rhode Island (2.6), California (2.5), Connecticut (2.5), the Virgin Islands (2.4), Massachusetts (2.3), Pennsylvania (2.3), Nevada (2.2), West Virginia (2.2), and Illinois (2.1). The largest increases in initial claims for the week ending May 2 were in New York (+810), Oregon (+633), New Hampshire (+515), Pennsylvania (+333), and Virginia (+311), while the largest decreases were in Massachusetts (-4,191), Rhode Island (-2,281), Georgia (-1,801), California (-1,753), and Connecticut (-1,114). 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/ |
14 May 2015
• U.S. Initial Unemployment Claims — 09 May 2015
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