Research >> Economics
Weekly Initial Unemployment Claims decrease 3,000 to 217,000
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In the week ending November 4, the advance figure for seasonally adjusted initial claims was 217,000, a decrease of
3,000 from the previous week's revised level. The previous week's level was revised up by 3,000 from 217,000 to
220,000. The 4-week moving average was 212,250, an increase of 1,500 from the previous week's revised average. The
previous week's average was revised up by 750 from 210,000 to 210,750.
The advance seasonally adjusted insured unemployment rate was 1.2 percent for the week ending October 28,
unchanged from the previous week's unrevised rate. The advance number for seasonally adjusted insured
unemployment during the week ending October 28 was 1,834,000, an increase of 22,000 from the previous week's
revised level. The previous week's level was revised down by 6,000 from 1,818,000 to 1,812,000. The 4-week moving
average was 1,789,000, an increase of 32,250 from the previous week's revised average. The previous week's average
was revised down by 1,500 from 1,758,250 to 1,756,750.
The advance number of actual initial claims under state programs, unadjusted, totaled 213,132 in the week ending
November 4, an increase of 13,826 (or 6.9 percent) from the previous week. The seasonal factors had expected an
increase of 16,024 (or 8.0 percent) from the previous week. There were 206,079 initial claims in the comparable week in
2022.
The advance unadjusted insured unemployment rate was 1.1 percent during the week ending October 28, unchanged
from the prior week. The advance unadjusted level of insured unemployment in state programs totaled 1,608,230, an
increase of 33,753 (or 2.1 percent) from the preceding week. The seasonal factors had expected an increase of 14,495 (or
0.9 percent) from the previous week. A year earlier the rate was 0.9 percent and the volume was 1,267,368.
The total number of continued weeks claimed for benefits in all programs for the week ending October 21 was
1,599,616, an increase of 1,962 from the previous week. There were 1,263,105 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 October 21.
Initial claims for UI benefits filed by former Federal civilian employees totaled 628 in the week ending October 28, an
increase of 168 from the prior week. There were 365 initial claims filed by newly discharged veterans, a decrease of 27
from the preceding week.
There were 4,309 continued weeks claimed filed by former Federal civilian employees the week ending October 21, an
increase of 42 from the previous week. Newly discharged veterans claiming benefits totaled 4,174, a decrease of 223
from the prior week.
The highest insured unemployment rates in the week ending October 21 were in California (2.0), Hawaii (2.0), New
Jersey (2.0), Puerto Rico (1.9), New York (1.6), Oregon (1.6), Alaska (1.5), Massachusetts (1.5), Rhode Island (1.5), and
Washington (1.5).
The largest increases in initial claims for the week ending October 28 were in Michigan (+2,227), North Carolina
(+1,303), California (+842), Minnesota (+767), and Iowa (+613), while the largest decreases were in New York (-1,942),
Oregon (-405), Georgia (-348), Florida (-302), and Ohio (-299).
Posted: November 9, 2023 Thursday 08:30 AM