09 July 2015

• U.S. Initial Unemployment Claims — 04 July 2015


In the week ending July 4, the advance figure for seasonally adjusted initial claims was 297,000, an increase of 15,000 from the previous week's revised level and down 3.3% from the same week a year ago. The previous week's level was revised up by 1,000 from 281,000 to 282,000.

The 4-week moving average was 279,500, an increase of 4,500 from the previous week's revised average. The previous week's average was revised up by 250 from 274,750 to 275,000.

The advance seasonally adjusted insured unemployment rate was 1.7 percent for the week ending June 27, unchanged from the previous week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending June 27 was 2,334,000, an increase of 69,000 from the previous week's revised level.

The highest insured unemployment rates in the week ending June 20 were in Puerto Rico (3.4), Alaska (2.6), Pennsylvania (2.5), New Jersey (2.4), Connecticut (2.3), Nevada (2.3), California (2.2), West Virginia (2.2), Arkansas (2.0), and Illinois (2.0).

The largest increases in initial claims for the week ending June 27 were in New Jersey (+7,013), Massachusetts (+2,989), California (+2,930), Connecticut (+2,648), and New York (+1,563), while the largest decreases were in Pennsylvania (- 4,380), Wisconsin (-1,925), Florida (-1,626), Arkansas (-722), and Nevada (-562).

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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