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Economy

Economic Data (USA)

Friday, August 12, 2022

New Unemployment Insurance Claims for The Week of August 6, 2022

Jobless Claims
Jobless Claims

Earlier today, the Labor Department released its weekly report on New Jobless Insurance Claims for the week that ended on August 6, 2022:

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Predicted: 259,000

  • Actual: 262,000
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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): 248,000
  • 4-Week Moving Average: 252,000

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From Today's Report

"...The highest insured unemployment rates in the week ending July 23 were in Connecticut (2.3), New Jersey (2.1), Puerto Rico (2.0), California (1.9), Rhode Island (1.8), Massachusetts (1.7), New York (1.6), Pennsylvania (1.5), Alaska (1.2), Illinois (1.2), and Nevada (1.2).


The largest increases in initial claims for the week ending July 30 were in Connecticut (+4,790), Oklahoma (+997), North Carolina (+547), Washington (+372), and Nevada (+177), while the largest decreases were in Massachusetts (-14,256), Kentucky (-2,201), Ohio (-1,640), Michigan (-1,425), and Illinois (-1,033)..."


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