Research >> Economics
Weekly Initial Unemployment Claims increase 2,000 to 205,000
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n the week ending December 16, the advance figure for seasonally adjusted initial claims was 205,000, an increase of
2,000 from the previous week's revised level. The previous week's level was revised up by 1,000 from 202,000 to
203,000. The 4-week moving average was 212,000, a decrease of 1,500 from the previous week's revised average. The
previous week's average was revised up by 250 from 213,250 to 213,500.
The advance seasonally adjusted insured unemployment rate was 1.3 percent for the week ending December 9,
unchanged from the previous week's unrevised rate. The advance number for seasonally adjusted insured
unemployment during the week ending December 9 was 1,865,000, a decrease of 1,000 from the previous week's
revised level. The previous week's level was revised down by 10,000 from 1,876,000 to 1,866,000. The 4 -week moving
average was 1,878,000, an increase of 6,000 from the previous week's revised avera ge. This is the highest level for this
average since December 11, 2021 when it was 1,888,250. The previous week's average was revised down by 2,500 from
1,874,500 to 1,872,000.
The advance number of actual initial claims under state programs, unadjusted, totaled 239,865 in the week ending
December 16, a decrease of 9,225 (or -3.7 percent) from the previous week. The seasonal factors had expected a decrease
of 11,368 (or -4.6 percent) from the previous week. There were 248,444 initial claims in the comparable week in 2022.
The advance unadjusted insured unemployment rate was 1.2 percent during the week ending December 9, unchanged
from the prior week. The advance unadjusted level of insured unemployment in state programs totaled 1,839,198, an
increase of 71,943 (or 4.1 percent) from the preceding week. The seasonal factors had expected an increase of 72,780 (or
4.1 percent) from the previous week. A year earlier the rate was 1.1 percent and the volume was 1,594,527.
The total number of continued weeks claimed for benefits in all programs for the week ending December 2 was
1,794,718, a decrease of 76,244 from the previous week. There were 1,528,272 weekly claims filed for benefits in all
programs in the comparable week in 2022.
No state was triggered "on" the Extended Benefits program during the week ending December 2.
Initial claims for UI benefits filed by former Federal civilian employees totaled 747 in the week ending December 9, an
increase of 18 from the prior week. There were 389 initial claims filed by newly discharged veterans, a decrease of 31
from the preceding week.
There were 6,131 continued weeks claimed filed by former Federal civilian employees the week ending December 2, an
increase of 340 from the previous week. Newly discharged veterans claiming benefits totaled 4,277, a decrease of 192
from the prior week.
The highest insured unemployment rates in the week ending December 2 were in New Jersey (2.3), Alaska (2.2),
California (2.2), Minnesota (1.9), Puerto Rico (1.9), Washington (1.9), Hawaii (1.8), Massachusetts (1.8), Rhode Island
(1.8), and New York (1.7).
The largest increases in initial claims for the week ending December 9 were in Nevada (+329), Massachusetts (+298),
Michigan (+279), Arizona (+259), and North Carolina (+173), while the largest decreases were in New York (-6,720),
Pennsylvania (-4,311), Texas (-3,715), Kentucky (-3,707), and California (-3,618).
Posted: December 21, 2023 Thursday 08:30 AM