US Unemployment Insurance: Week of April 12th
US jobless claims fell -9k to 215k last week, below expectations of initial claims at 225k.
- Not seasonally adjusted claims increased 3.1k to 219.7k.
- Total insured unemployment increased 41k to 1.885 million, slightly above projections of a smaller increase to 1.870 million.
- The insured unemployment rate remained unchanged at 1.2%.
- Total federal employees claims (UCFE) increased by 34 to 542, up from 327 a year ago.
- As of the week of March 29, total federal employee continued claims was up around 1.6k vs a year ago to 7.2k.
- In the state details, Virginia, Florida, and Washington reported layoffs in the manufacturing industry.