- China: Industrial Profits (Mar); Philippines: Tourist Arrivals (Feb); Korea: GDP (Q1)
- New Zealand: Tourism Expenditure, International Reserves, RBNZ Analytical Accounts and Statistical Balance Sheet (Mar); Australia: Import and Export Price Indexes (Q1)
- Japan: Input Output Prices, International Trade, Lease Contracts (Mar), First 10 Days Trade (Apr)
- France: INSEE Household Survey (Apr), Registered Unemployed & Job
- more updates...
Economy in Brief
U.S. Gasoline Prices Are Little-Changed; Crude Oil Falls
Regular gasoline prices of $2.45 per gallon last week (13.3% y/y)...
Japan's METI Indexes Show Ongoing Gains
The services sector is assessed by the METI indexes where it is named the 'tertiary sector.' That sector index rose to 104.1 in February...
U.S. New Home Sales & Prices Strengthen
Sales of new single-family homes increased 5.8% (15.6% y/y) during March to 621,000...
U.S. Consumer Confidence Backpedals
The Conference Board Consumer Confidence Index fell 3.7% during April (+27.0% y/y) to 120.3...
U.S. FHFA House Price Index Regains Strength
The FHFA U.S. house prices increased 0.8% during February (6.5% y/y)...
French Manufacturing and Service Sectors Weaken But Stay on Trend or Hold Recent Gains
The French manufacturing sector trend index is down to 1 in April from 3 in March...
by Tom Moeller March 24, 2016
Initial unemployment insurance claims rose to 265,000 during the week ended March 19 from 259,000 in the prior week. Expectations were for 267,000 claims in the Action Economics Forecast Survey. The four week moving average of claims was little changed at 259,750
In the week ending March 12, continuing claims for unemployment insurance declined to 2.179 million (-8.3% y/y) from 2.218 million. The four-week moving average fell to 2.207 million.
The insured rate of unemployment remained at 1.6%, the low point of the economic recovery.
Insured rates of unemployment across states continued to vary. Near the low end of the range were Florida (0.61%), North Carolina (0.72%), Georgia (0.85%), Virginia (0.96%), Arizona (1.03%) and Tennessee (1.00%). At the high end of the scale were Illinois (2.75%), Massachusetts (2.78%), Connecticut (2.95%), Pennsylvania (2.99%), New Jersey (3.19%) and Alaska (4.38s%). The state data are not seasonally adjusted and cover the week ended January 16.
Data on weekly unemployment insurance 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 from the Action Economics survey, carried in the AS1REPNA database.
|Unemployment Insurance (000s)||03/19/16||03/12/16||03/05/16||Y/Y||2015||2014||2013|
|Insured Unemployment Rate (%)||--||1.6||1.6||