US Jobless Claims Rise as Expected in Latest Week


The number of Americans filling for unemployment benefits increased by 3 thousand to 215 thousand in the week ended May 25th 2019 from the previous week’s revised level of 212 thousand and in line with market expectations.

The 4-week moving average was 216,750, a decrease of 3,750 from the previous week's revised average. The previous week's average was revised up by 250 from 220,250 to 220,500. 

According to unadjusted data, the biggest rises were registered in Michigan (+2,267); New York (+1,011); Missouri (+839) and New Jersey (+798) while the largest declines were seen in Ohio (-3,264); Pennsylvania (-2,073) and Florida (-456).

The advance seasonally adjusted insured unemployment rate was 1.2 percent for the week ending May 18, unchanged from the previous week's unrevised rate. 

The advance number for seasonally adjusted insured unemployment during the week ending May 18 was 1,657,000, a decrease of 26,000 from the previous week's revised level. The previous week's level was revised up 7,000 from 1,676,000 to 1,683,000. The 4-week moving average was 1,672,500, a decrease of 3,500 from the previous week's revised average. The previous week's average was revised up by 1,750 from 1,674,250 to 1,676,000.


US Jobless Claims Rise as Expected in Latest Week


DOL | Agna Gabriel | agna.gabriel@tradingeconomics.com
5/30/2019 12:38:11 PM