US Jobless Claims Rise in Latest Week


The number of Americans filling for unemployment benefits increased by 5 thousand to 218 thousand in the week ended October 26th from the previous week’s revised level of 213 thousand and compared with market expectations of 215 thousand.

The 4-week moving average was 214,750, a decrease of 500 from the previous week's revised average. The previous week's average was revised up by 250 from 215,000 to 215,250. 

According to unadjusted data, the biggest rises were seen in California (+2,317); Virginia (+1,867); Georgia (+1,621) and New York (+1,179) while the largest declines were reported in Tennessee (-882) and Michigan (-752).

The advance seasonally adjusted insured unemployment rate was 1.2 percent for the week ending October 19, unchanged from the previous week's unrevised rate. 

The advance number for seasonally adjusted insured unemployment during the week ending October 19 was 1,690,000, an increase of 7,000 from the previous week's revised level. The previous week's level was revised up 1,000 from 1,682,000 to 1,683,000. The 4-week moving average was 1,686,250, an increase of 8,750 from the previous week's revised average. The previous week's average was revised up by 250 from 1,677,250 to 1,677,500.

US Jobless Claims Rise in Latest Week


DOL | Agna Gabriel | agna.gabriel@tradingeconomics.com
10/31/2019 12:46:21 PM