<H3>• U.S. Initial Unemployment Claims — 16 January 2016 </H3>

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In the week ending January 16, the advance figure for seasonally adjusted initial claims was 293,000, an increase of 10,000 from the previous week's revised level. The previous week's level was revised down by 1,000 from 284,000 to 283,000. The 4-week moving average was 285,000, an increase of 6,500 from the previous week's revised average. The previous week's average was revised down by 250 from 278,750 to 278,500. The advance seasonally adjusted insured unemployment rate was 1.6 percent for the week ending January 9, a decrease of 0.1 percentage point from the previous week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending January 9 was 2,208,000, a decrease of 56,000 from the previous week's revised level. The highest insured unemployment rates in the week ending January 2 were in Alaska (4.6), New Jersey (3.5), Pennsylvania (3.4), Connecticut (3.2), Montana (3.2), West Virginia (3.2), Illinois (2.8), Massachusetts (2.8), Minnesota (2.8), and Rhode Island (2.8). The largest increases in initial claims for the week ending January 9 were in California (+17,371), Texas (+13,399), New York (+6,819), Georgia (+5,901), and Missouri (+5,892), while the largest decreases were in Iowa (-2,737), Kentucky (- 1,790), Minnesota (-1,031), New Jersey (-698), and Michigan (-591). 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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