Research >> Economics
Weekly Initial Unemployment Claims Decrease 11,000 to 211,000
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In the week ending April 6, the advance figure for seasonally adjusted initial claims was 211,000, a decrease of 11,000
from the previous week's revised level. The previous week's level was revised up by 1,000 from 221,000 to 222,000. The
4-week moving average was 214,250, a decrease of 250 from the previous week's revised average. The previous week's
average was revised up by 250 from 214,250 to 214,500.
The advance seasonally adjusted insured unemployment rate was 1.2 percent for the week ending March 30,
unchanged from the previous week's unrevised rate. The advance number for seasonally adjusted insured
unemployment during the week ending March 30 was 1,817,000, an increase of 28,000 from the previous week's
revised level. The previous week's level was revised down by 2,000 from 1,791,000 to 1,789,000. The 4-week moving
average was 1,802,750, an increase of 3,500 from the previous week's revised average. The previous week's average was
revised down by 500 from 1,799,750 to 1,799,250.
UNADJUSTED DATA
The advance number of actual initial claims under state programs, unadjusted, totaled 214,386 in the week ending April
6, an increase of 17,037 (or 8.6 percent) from the previous week. The seasonal factors had expected an increase of 27,749
(or 14.1 percent) from the previous week. There were 223,382 initial claims in the comparable week in 2023.
The advance unadjusted insured unemployment rate was 1.3 percent during the week ending March 30, unchanged from
the prior week. The advance unadjusted level of insured unemployment in state programs totaled 1,935,320, a decrease
of 2,648 (or -0.1 percent) from the preceding week. The seasonal factors had expected a decrease of 32,210 (or -1.7
percent) from the previous week. A year earlier the rate was 1.2 percent and the volume was 1,792,755.
The total number of continued weeks claimed for benefits in all programs for the week ending March 23 was 1,965,545,
a decrease of 72,582 from the previous week. There were 1,871,936 weekly claims filed for benefits in all programs in
the comparable week in 2023.
No state was triggered "on" the Extended Benefits program during the week ending March 23.
Initial claims for UI benefits filed by former Federal civilian employees totaled 322 in the week ending March 30, a
decrease of 49 from the prior week. There were 369 initial claims filed by newly discharged veterans, an increase of 1
from the preceding week.
There were 5,881 continued weeks claimed filed by former Federal civilian employees the week ending March 23, a
decrease of 10 from the previous week. Newly discharged veterans claiming benefits totaled 4,331, a decrease of 108
from the prior week.
The highest insured unemployment rates in the week ending March 23 were in New Jersey (2.6), California (2.4), Rhode
Island (2.4), Minnesota (2.3), Massachusetts (2.2), Illinois (2.0), New York (1.9), Alaska (1.8), Connecticut (1.8),
Pennsylvania (1.8), and Washington (1.8).
The largest increases in initial claims for the week ending March 30 were in California (+2,147), Pennsylvania (+1,913),
Iowa (+1,383), New Jersey (+1,230), and Illinois (+1,195), while the largest decreases were in Texas (-3,248), Missouri
(-2,369), Georgia (-935), Arkansas (-459), and North Carolina (-400).
Posted: April 11, 2024 Thursday 08:30 AM