Research >> Economics
Weekly Initial Unemployment Claims Decrease 8,000 to 212,000
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In the week ending February 10, the advance figure for seasonally adjusted initial claims was 212,000, a decrease of
8,000 from the previous week's revised level. The previous week's level was revised up by 2,000 from 218,000 to
220,000. The 4-week moving average was 218,500, an increase of 5,750 from the previous week's revised average. The
previous week's average was revised up by 500 from 212,250 to 212,750.
The advance seasonally adjusted insured unemployment rate was 1.3 percent for the week ending February 3, an
increase of 0.1 percentage point from the previous week's unrevised rate. The advance number for seasonally adjusted
insured unemployment during the week ending February 3 was 1,895,000, an increase of 30,000 from the previous
week's revised level. The previous week's level was revised down by 6,000 from 1,871,000 to 1,865,000. The 4-week
moving average was 1,870,500, an increase of 22,250 from the previous week's revised average. The previous week's
average was revised down by 1,500 from 1,849,750 to 1,848,250
UNADJUSTED DATA
The advance number of actual initial claims under state programs, unadjusted, totaled 222,164 in the week ending
February 10, a decrease of 12,565 (or -5.4 percent) from the previous week. The seasonal factors had expected a decrease
of 3,523 (or -1.5 percent) from the previous week. There were 225,332 initial claims in the comparable week in 2023.
The advance unadjusted insured unemployment rate was 1.4 percent during the week ending February 3, unchanged from
the prior week. The advance unadjusted level of insured unemployment in state programs totaled 2,146,550, an increase
of 16,542 (or 0.8 percent) from the preceding week. The seasonal factors had expected a decrease of 16,786 (or -0.8
percent) from the previous week. A year earlier the rate was 1.3 percent and the volume was 1,948,437.
The total number of continued weeks claimed for benefits in all programs for the week ending January 27 was 2,160,209,
a decrease of 52,269 from the previous week. There were 1,953,615 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 January 27.
Initial claims for UI benefits filed by former Federal civilian employees totaled 411 in the week ending February 3, a
decrease of 91 from the prior week. There were 380 initial claims filed by newly discharged veterans, an increase of 10
from the preceding week.
There were 6,953 continued weeks claimed filed by former Federal civilian employees the week ending January 27, a
decrease of 430 from the previous week. Newly discharged veterans claiming benefits totaled 4,276, a decrease of 215
from the prior week.
The highest insured unemployment rates in the week ending January 27 were in New Jersey (2.8), Rhode Island (2.7),
Minnesota (2.5), Massachusetts (2.4), California (2.3), Illinois (2.3), Montana (2.2), Alaska (2.1), Connecticut (2.1),
Pennsylvania (2.1), and Washington (2.1).
The largest increases in initial claims for the week ending February 3 were in Missouri (+1,921), Texas (+1,514),
Colorado (+783), Illinois (+612), and Florida (+399), while the largest decreases were in Oregon (-4,561), California
(-4,312), Ohio (-4,090), New York (-3,165), and Pennsylvania (-3,075).
Posted: February 15, 2024 Thursday 08:30 AM