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8 Jan 2015
US initial claims rise by 17,000
FXStreet (London) - In the week ending December 27, the advance figure for seasonally adjusted initial claims was 298,000, an increase of 17,000 from the previous week's revised level, according to data released by the US Bureau of Labor Statistics. The previous week's level was revised up by 1,000 from 280,000 to 281,000. The 4-week moving average was 290,750, an increase of 250 from the previous week's revised average.
The previous week's average was revised up by 250 from 290,250 to 290,500.
The BLS stated that there were no special factors impacting this week's initial claims.
The advance seasonally adjusted insured unemployment rate was 1.8 percent for the week ending December 20, unchanged from the previous week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending December 20 was 2,353,000, a decrease of 53,000 from the previous week's revised level.
The previous week's level was revised up 3,000 from 2,403,000 to 2,406,000. The 4-week moving average was 2,414,250, a decrease of 4,750 from the previous week's revised average. The previous week's average was revised up by 750 from 2,418,250 to 2,419,000.
The largest increases in initial claims for the week ending December 20 were in Kentucky (+4,151), Ohio (+3,991), Michigan (+2,093), Missouri (+1,739), and Iowa (+1,569), while the largest decreases were in California (-16,139), South Carolina (-1,110), Florida (-985), West Virginia (-604), and Maine (-296).
The previous week's average was revised up by 250 from 290,250 to 290,500.
The BLS stated that there were no special factors impacting this week's initial claims.
The advance seasonally adjusted insured unemployment rate was 1.8 percent for the week ending December 20, unchanged from the previous week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending December 20 was 2,353,000, a decrease of 53,000 from the previous week's revised level.
The previous week's level was revised up 3,000 from 2,403,000 to 2,406,000. The 4-week moving average was 2,414,250, a decrease of 4,750 from the previous week's revised average. The previous week's average was revised up by 750 from 2,418,250 to 2,419,000.
The largest increases in initial claims for the week ending December 20 were in Kentucky (+4,151), Ohio (+3,991), Michigan (+2,093), Missouri (+1,739), and Iowa (+1,569), while the largest decreases were in California (-16,139), South Carolina (-1,110), Florida (-985), West Virginia (-604), and Maine (-296).