New Unemployment Insurance Claims for The Week of April 23, 2022

Jobless Claims

Earlier today, the Labor Department released its weekly report on New Jobless Insurance Claims for the week that ended on April 23, 2022:

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Predicted: 180,000

• Actual: 180,000

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The yellow-highlighted figure represents the number of first-time claims for unemployment benefits for the entire United States. The "predicted" figure is what economists were expecting, while the "actual" is the true or real figure.

• Previous Week (revised): 185,000

• 4-Week Moving Average: 179,750

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From Today's Report

• "...The advance seasonally adjusted insured unemployment rate was 1.0 percent for the week ending April 16, unchanged from the previous week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending April 16 was 1,408,000, a decrease of 1,000 from the previous week's revised level. This is the lowest level for insured unemployment since February 7, 1970 when it was 1,397,000. The previous week's level was revised down by 8,000 from 1,417,000 to 1,409,000. The 4-week moving average was 1,455,000, a decrease of 24,500 from the previous week's revised average. This is the lowest level for this average since March 14, 1970 when it was 1,435,250.  The previous week's average was revised down by 2,250 from 1,481,750 to 1,479,500.
  
  During the week ending April 9, Extended Benefits were available in the following state: New Jersey.
  
  The highest insured unemployment rates in the week ending April 9 were in California (2.2), New Jersey (2.2), Alaska (1.9), Minnesota (1.8), New York (1.6), Rhode Island (1.6), Illinois (1.5), Massachusetts (1.5), Pennsylvania (1.3), and Puerto Rico (1.3).
  
  The largest increases in initial claims for the week ending April 16 were in Connecticut (+1,391), New Jersey (+1,116), Rhode Island (+368), Montana (+340), and Maryland (+147), while the largest decreases were in Missouri (-7,498), Michigan (-3,509), New York (-2,956), Ohio (-2,902), and Texas (-2,330)..."
  

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• Click here to view the full Labor Department report

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