Research >> Economics
Weekly Initial Unemployment Claims decrease 24,000 to 209,000
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In the week ending November 18, the advance figure for seasonally adjusted initial claims was 209,000, a decrease of
24,000 from the previous week's revised level. The previous week's level was revised up by 2,000 from 231,000 to
233,000. The 4-week moving average was 220,000, a decrease of 750 from the previous week's revised average. The
previous week's average was revised up by 500 from 220,250 to 220,750.
The advance seasonally adjusted insured unemployment rate was 1.2 percent for the week ending November 11,
unchanged from the previous week's revised rate. The previous week's rate was revised down by 0.1 from 1.3 to 1.2
percent. The advance number for seasonally adjusted insured unemployment during the week ending November 11 was
1,840,000, a decrease of 22,000 from the previous week's revised level. The previous week's level was revised down by
3,000 from 1,865,000 to 1,862,000. The 4-week moving average was 1,836,750, an increase of 14,250 from the previous
week's revised average. This is the highest level for this average since December 18, 2021 when it was 1,838,000. The
previous week's average was revised down by 750 from 1,823,250 to 1,822,500.
UNADJUSTED DATA
The advance number of actual initial claims under state programs, unadjusted, totaled 238,677 in the week ending
November 18, an increase of 21,239 (or 9.8 percent) from the previous week. The seasonal factors had expected an
increase of 48,423 (or 22.3 percent) from the previous week. There were 248,916 initial claims in the comparable week
in 2022.
The advance unadjusted insured unemployment rate was 1.1 percent during the week ending November 11, unchanged
from the prior week. The advance unadjusted level of insured unemployment in state programs totaled 1,654,019, an
increase of 75,088 (or 4.8 percent) from the preceding week. The seasonal factors had expected an increase of 94,959 (or
6.0 percent) from the previous week. A year earlier the rate was 0.9 percent and the volume was 1,341,329.
The total number of continued weeks claimed for benefits in all programs for the week ending November 4 was
1,603,689, a decrease of 29,785 from the previous week. There were 1,252,441 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 November 4.
Initial claims for UI benefits filed by former Federal civilian employees totaled 655 in the week ending November 11, an
increase of 136 from the prior week. There were 330 initial claims filed by newly discharged veterans, a decrease of 79
from the preceding week.
There were 4,741 continued weeks claimed filed by former Federal civilian employees the week ending November 4, an
increase of 103 from the previous week. Newly discharged veterans claiming benefits totaled 4,043, a decrease of 252
from the prior week.
The highest insured unemployment rates in the week ending November 4 were in California (2.0), New Jersey (2.0),
Puerto Rico (1.9), Alaska (1.8), Hawaii (1.8), New York (1.6), Massachusetts (1.5), Oregon (1.5), Rhode Island (1.5),
and Washington (1.5).
The largest increases in initial claims for the week ending November 11 were in Massachusetts (+3,019), New York
(+2,574), Texas (+1,347), New Jersey (+1,058), and Minnesota (+1,014), while the largest decreases were in Oregon
(-1,363), Georgia (-1,018), Pennsylvania (-716), Illinois (-685), and Iowa (-497).
Posted: November 22, 2023 Wednesday 08:30 AM