Research >> Economics
Weekly Initial Unemployment Claims increase 10,000 to 210,000
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In the week ending October 21, the advance figure for seasonally adjusted initial claims was 210,000, an increase of
10,000 from the previous week's revised level. The previous week's level was revised up by 2,000 from 198,000 to
200,000. The 4-week moving average was 207,500, an increase of 1,250 from the previous week's revised average. The
previous week's average was revised up by 500 from 205,750 to 206,250.
The advance seasonally adjusted insured unemployment rate was 1.2 percent for the week ending October 14,
unchanged from the previous week's unrevised rate. The advance number for seasonally adjusted insured
unemployment during the week ending October 14 was 1,790,000, an increase of 63,000 from the previous week's
revised level. The previous week's level was revised down by 7,000 from 1,734,000 to 1,727,000. The 4-week moving
average was 1,723,500, an increase of 31,250 from the previous week's revised average. The previous week's average
was revised down by 1,750 from 1,694,000 to 1,692,250.
UNADJUSTED DATA
The advance number of actual initial claims under state programs, unadjusted, totaled 191,892 in the week ending
October 21, an increase of 9,498 (or 5.2 percent) from the previous week. The seasonal factors had expected an increase
of 400 (or 0.2 percent) from the previous week. There were 184,420 initial claims in the comparable week in 2022.
The advance unadjusted insured unemployment rate was 1.1 percent during the week ending October 14, an increase of
0.1 percentage point from the prior week. The advance unadjusted level of insured unemployment in state programs
totaled 1,579,085, an increase of 36,697 (or 2.4 percent) from the preceding week. The seasonal factors had expected a
decrease of 18,999 (or -1.2 percent) from the previous week. A year earlier the rate was 0.9 percent and the volume was
1,226,861.
The total number of continued weeks claimed for benefits in all programs for the week ending October 7 was 1,566,404,
a decrease of 12,941 from the previous week. There were 1,221,801 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 7.
Initial claims for UI benefits filed by former Federal civilian employees totaled 439 in the week ending October 14, a
decrease of 25 from the prior week. There were 393 initial claims filed by newly discharged veterans, a decrease of 28
from the preceding week.
There were 4,121 continued weeks claimed filed by former Federal civilian employees the week ending October 7, a
decrease of 79 from the previous week. Newly discharged veterans claiming benefits totaled 4,155, an increase of 67
from the prior week.
The highest insured unemployment rates in the week ending October 7 were in Hawaii (2.2), California (2.0), New
Jersey (2.0), Puerto Rico (1.8), Massachusetts (1.5), New York (1.5), Rhode Island (1.5), Washington (1.5), Nevada
(1.4), and Oregon (1.4).
The largest increases in initial claims for the week ending October 14 were in Tennessee (+1,111), Kentucky (+374),
Virginia (+277), Wisconsin (+90), and North Carolina (+22), while the largest decreases were in Texas (-3,108),
California (-2,050), New York (-1,990), New Jersey (-1,460), and Georgia (-1,023).
Posted: October 26, 2023 Thursday 08:30 AM