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Wednesday, October 16, 2019
HomeNewsEconomyJobless Claims Rise Slightly Higher than Forecast, 4-Week Average Ticks Down

Jobless Claims Rise Slightly Higher than Forecast, 4-Week Average Ticks Down

Mr Assange, sporting a long white beard and wagging a finger, shouted "UK must resist" as he was carried out in handcuffs by seven men and hauled into a police van.
U.S. jobless claims graph on a tablet screen. (Photo: AdobeStock)

The advance figure for seasonally adjusted initial claims rose 6,000 to 229,000 for the week ending March 9. The 4-week moving average was 223,750, a decline of 2,500.

Both figures for the previous week were unrevised.

The advance seasonally adjusted insured unemployment rate was unchanged at a very low 1.2% for the week ending March 2.

No state was triggered “on” the Extended Benefits program during the week ending February 23.

The highest insured unemployment rates in the week ending February 23 were in Alaska (3.1), New Jersey (2.8), Rhode Island (2.8), Connecticut (2.6), Montana (2.6), Massachusetts (2.5), Pennsylvania (2.3), California (2.2), Illinois (2.2), and West Virginia (2.2).

The largest increases in initial claims for the week ending March 2 were in New York (+16,253), California (+6,636), Pennsylvania (+1,774), Oregon (+1,576), and Georgia (+661), while the largest decreases were in Massachusetts (-4,196), Kentucky (-3,117), Washington (-1,185), Rhode Island (-1,100), and Michigan (-756).

Written by
Staff Writing Group

PPD Business, the economy-reporting arm of People's Pundit Daily, is "making sense of current events." We are a no-holds barred, news reporting pundit of, by, and for the people.

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