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Friday, April 19, 2024
HomeNewsEconomyJobless Claims Unchanged at 230K for Week Ending April 27

Jobless Claims Unchanged at 230K for Week Ending April 27

U.S. initial jobless claims graph on a tablet screen. (Photo: AdobeStock)
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U.S. jobless claims graph on a tablet screen. (Photo: AdobeStock)

The Labor Department (DOL) said initial jobless claims were unchanged at a seasonally adjusted 230,000 for the week ending April 27, missing the forecast. The 4-week moving average rose by 6,500 to 212,500, up from the previous week’s unrevised average of 206,000.

PriorConsensus ForecastForecast RangeActual
Initial Jobless Claims230K215K210K — 220K230K

The advance seasonally adjusted insured unemployment rate was unchanged at a very low 1.2% for the week ending April 20.

No state was triggered “on” the Extended Benefits program during the week ending April 13.

The highest insured unemployment rates in the week ending April 13 were in Alaska (2.5), California (2.1), Connecticut (2.1), New Jersey (2.1), Illinois (1.8), Massachusetts (1.7), Montana (1.7), Pennsylvania (1.7), Puerto Rico (1.7), and Rhode Island (1.7).

The largest increases in initial claims for the week ending April 20 were in Massachusetts (+6,811), California (+4,471), Connecticut (+4,008), New Jersey (+3,096), and Rhode Island (+2,833), while the largest decreases were in Texas (-2,429), Washington (-1,191), Michigan (-737), Georgia (-593), and Arizona (-518).

Written by

Rich, the People's Pundit, is the Data Journalism Editor at PPD and Director of the PPD Election Projection Model. He is also the Director of Big Data Poll, and author of "Our Virtuous Republic: The Forgotten Clause in the American Social Contract."

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