US Job Claims Unchanged at 5-Month High


The number of Americans filling for unemployment benefits was unchanged at 227 thousand in the week ended November 16th, the highest level since the week ended June 22nd, and compared with market expectations of 219 thousand. Data for the week ended November 9th was revised to 227 thousand claims from 225 thousand previously reported.

The 4-week moving average was 221,000, an increase of 3,500 from the previous week's revised average. The previous week's average was revised up by 500 from 217,000 to 217,500. 

According to unadjusted data, the largest gains were recorded in Illinois (+3,183); Iowa (+2,026); Minnesota (+1,825) and Michigan (1,090) while the biggest declines were seen in California (-4,568); New Jersey (-3,861); Tennessee (-2,348) and Pennsylvania (-2,115). Only claims for Pennsylvania were estimated.

The advance seasonally adjusted insured unemployment rate was 1.2 percent for the week ending November 9, unchanged from the previous week's unrevised rate. 

The advance number for seasonally adjusted insured unemployment during the week ending November 9 was 1,695,000, an increase of 3,000 from the previous week's revised level. The previous week's level was revised up 9,000 from 1,683,000 to 1,692,000. The 4-week moving average was 1,693,000, an increase of 3,000 from the previous week's revised average. The previous week's average was revised up by 2,250 from 1,687,750 to 1,690,000.

US Job Claims Unchanged at 5-Month High


DOL | Stefanie Moya | stefanie.moya@tradingeconomics.com
11/21/2019 1:59:50 PM