Unemployment claims for the week to September 17, 2022, in the US rose to 213,000, above the expectation that was 215,000.
According to the country’s labor department data released this morning, the previous week’s claims were revised up to 208,000 from 213,000.
The report forwarded to the market highlights that the said main volume of 213,000 represents an increase of 5,000 from the previous week’s revised level.
The previous week’s level, meanwhile, was revised down by 5,000 from 213,000 to 208,000, and the 4-week moving average was 216,750, a drop of 6,000 from the previous week’s revised average.
US Unemployment Claims
Also according to the survey, the previous week’s average was revised downward by 1,250, from 224,000 to 222,750, and the advance for the seasonally adjusted insured unemployment rate was 1.0% for the week ended September 10, unchanged from the previous week’s unrevised rate.
The number of seasonally adjusted insured advances for the week ending September 10 was 1,379,000, a decrease of 22,000 from the previous week.
The previous week’s level, meanwhile, was revised down by 2,000, from 1,403,000 to 1,401,000, and the 4-week change was 1,404,750, a decrease of 8,250 from the previous week’s revised average. The previous week’s average was revised down by 250 from 1,413,250 to 1,413,000.
Unadjusted data
The anticipated number of actual initial claims in state programs, unadjusted, totaled 171,562 for the week ended September 17, an increase of 19,385 (or 12.7%) from the previous week.
Seasonal factors expected an increase of 15,613 (or 10.3 percent) from the previous week. There were 306,581 initial claims in the comparable week in 2021.
The unadjusted advance insured unemployment rate was 0.9 percent during the week ended September 10, unchanged from the previous week.
The unadjusted advance insured unemployment level in state programs totaled 1,281,137, an increase of 7,977 (or 0.6%) from the previous week.
Seasonal factors expected an increase of 28,012 (or 2.2%) from the previous week. A year earlier, the rate was 1.8% and the volume was 2,509,945.