23 July 2015

• U.S. Initial Unemployment Claims — 18 July 2015


In the week ending July 18, the advance figure for seasonally adjusted initial claims was 255,000, a decrease of 26,000 from the previous week's unrevised level of 281,000. This is the lowest level for initial claims since November 24, 1973 when it was 233,000.

The 4-week moving average was 278,500, a decrease of 4,000 from the previous week's unrevised average of 282,500.

The advance seasonally adjusted insured unemployment rate was 1.6 percent for the week ending July 11, unchanged from the previous week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending July 11 was 2,207,000, a decrease of 9,000 from the previous week's revised level.

The highest insured unemployment rates in the week ending July 4 were in Puerto Rico (3.7), New Jersey (3.0), Connecticut (2.7), Pennsylvania (2.6), Alaska (2.4), California (2.3), Nevada (2.3), Rhode Island (2.3), the Virgin Islands (2.2), and West Virginia (2.2). The largest increases in initial claims for the week ending July 11 were in New York (+15,639), Pennsylvania (+5,659), Georgia (+4,075), Illinois (+3,890), and Tennessee (+3,681), while the largest decreases were in California (-6,999), Michigan (-5,035), Massachusetts (-3,722), New Jersey (-3,540), and Rhode Island (-1,232).

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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