Initial unemployment claims for the week ending September 28 were a seasonally adjusted 308k, the U.S. Department of Labor reports. This is a minor increase from the prior week’s revised reading of 307k and is yet another very positive report.

Initial unemployment

US Initial Jobless Claims Long Week Ending September 28 2013 600x375 Initial Jobless Claims For The Week At 308k

Significant weekly changes in individual states:

US Initial Jobless Claims Table Week Ending September 28 2013 600x286 Initial Jobless Claims For The Week At 308k

The insured unemployment rate was a seasonally adjusted 2.3%. This is an increase from the prior week’s 2.2% reading and is the second consecutive weekly increase. This is unusual for a statistic that doesn’t tend to move so rapidly.

US Insured Unemployment Rate September 28 2013 600x375 Initial Jobless Claims For The Week At 308k

The number of unemployment insurance recipients increased to 2.925 million from the prior week’s revised reading of 2.821 million. This is also a statistically significant week over week increase and is not consistent with the recent trend. This is the highest number of unemployment insurance recipients there have been in 5 weeks and suggests that current claims recipients are having a harder time finding work.

US Unemployment Insurance Recipients September 28 2013 600x375 Initial Jobless Claims For The Week At 308k

Via: floatingpath.com