Weekly Initial Jobless Claims Tick Up To 293k first appeared on Floating Path

Initial jobless claims for the week ending September 20 were a seasonally adjusted 293k, up from the prior week’s revised reading of 281k. Not seasonally adjusted, jobless claims for the week were 239k.

Individual states that had changes in claims of more than 1k (not seasonally adjusted):

The 4-week moving average of initial jobless claims was 299k.

The number of unemployment insurance recipients, or continuing claims, for regular state programs was 2.439 million, up from the previous week’s revised reading of 2.432 million.

The insured unemployment rate, which is the number of unemployment insurance recipients as a share of covered employment, was 1.8%, unchanged from the week prior.

90.3% of all U.S. jobs are covered by state unemployment insurance programs.

Of the 9.591 million Americans currently unemployed, 25.43% receive unemployment insurance.

Jobless claims and the unemployment rate: