Global| May 30 2019U.S. Initial Unemployment Insurance Claims Edge Up
by:Sandy Batten
|in:Economy in Brief
Summary
The labor market remains on a firm footing. Initial claims for unemployment insurance eased 1,000 to 211,000 (-7.6% y/y) during the week ended May 18...... Continuing claims for unemployment insurance rose 12,000 to 1.676 million [...]
The labor market remains on a firm footing. Initial claims for unemployment insurance eased 1,000 to 211,000 (-7.6% y/y) during the week ended May 18...... Continuing claims for unemployment insurance rose 12,000 to 1.676 million (-4.2% y/y) in the week ending May 11........
Data on weekly unemployment claims going back to 1967 are contained in Haver's WEEKLY database, and they are summarized monthly in USECON. Data for individual states are in REGIONW. The expectations figure is in the AS1REPNA database.
| Unemployment Insurance (SA, 000s) | 05/25/19 | 05/18/19 | 05/11/19 | Y/Y % | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|
| Initial Claims | 215 | 212 | 212 | -2.7 | 220 | 244 | 262 |
| Continuing Claims | -- | 1,657 | 1,683 | -4.8 | 1,756 | 1,961 | 2,135 |
| Insured Unemployment Rate (%) | -- | 1.2 | 1.2 |
1.2 |
1.2 | 1.4 | 1.6 |
Sandy Batten
AuthorMore in Author Profile »Sandy Batten has more than 30 years of experience analyzing industrial economies and financial markets and a wide range of experience across the financial services sector, government, and academia. Before joining Haver Analytics, Sandy was a Vice President and Senior Economist at Citibank; Senior Credit Market Analyst at CDC Investment Management, Managing Director at Bear Stearns, and Executive Director at JPMorgan. In 2008, Sandy was named the most accurate US forecaster by the National Association for Business Economics. He is a member of the New York Forecasters Club, NABE, and the American Economic Association. Prior to his time in the financial services sector, Sandy was a Research Officer at the Federal Reserve Bank of St. Louis, Senior Staff Economist on the President’s Council of Economic Advisors, Deputy Assistant Secretary for Economic Policy at the US Treasury, and Economist at the International Monetary Fund. Sandy has taught economics at St. Louis University, Denison University, and Muskingun College. He has published numerous peer-reviewed articles in a wide range of academic publications. He has a B.A. in economics from the University of Richmond and a M.A. and Ph.D. in economics from The Ohio State University.
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