<H3>• U.S. Initial Unemployment Claims — 30 January 2016 </H3>

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In the week ending January 30, the advance figure for seasonally adjusted initial claims was 285,000, an increase of 8,000 from the previous week's revised level. [NOTE: 285,000 initial claims are actually 0.4% higher than the number of claims during the same week a year ago.] The previous week's level was revised down by 1,000 from 278,000 to 277,000. The 4-week moving average was 284,750, an increase of 2,000 from the previous week's revised average. The previous week's average was revised down by 250 from 283,000 to 282,750. The advance seasonally adjusted insured unemployment rate was 1.7 percent for the week ending January 23, unchanged from the previous week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending January 23 was 2,255,000, a decrease of 18,000 from the previous week's revised level. The highest insured unemployment rates in the week ending January 16 were in Alaska (4.8), Montana (3.3), Pennsylvania (3.3), West Virginia (3.3), New Jersey (3.2), Puerto Rico (3.1), Connecticut (3.0), Illinois (2.9), Wyoming (2.9), and Massachusetts (2.8). The largest increase in initial claims for the week ending January 23 were in Kansas (+65), while the largest decreases were in California (-21,269), Pennsylvania (-6,355), Georgia (-6,113), Michigan (-5,036), and New Jersey (-4,111). 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. © 2016 Connecticut Human Resource Reports, LLC URL: http://connecticuthumanresources.blogspot.com/

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