- Ireland: **CPI Rebased to Dec-2016=100 (Jan)**
- Finland: LFS, Vacancies (Jan); Sweden: Population (2016)
- Flash Surveys: Japan, France, Germany, Eurozone, US (Feb); Manufacturing Survey - US (Feb)
- Bahrain: CPI (Jan); Tunisia: Real GDP, Unemployment (Q4); South Africa: Leading Indicators (Dec); Oman: PPI (Q4); Kenya: Foreign Trade (Dec-Prelim)
- Luxembourg: Employment and Unemployment (Jan)
- Estonia: HICP (Jan); Lithuania: PPI (Jan); Macedonia: ODC
- more updates...
Economy in Brief
European PMI Data Rise and Create a Twist on a Theme
The manufacturing and service sectors both are showing lift in the Markit PMI framework in February...
U.S. Leading Economic Indicators Post Another Strong Increase
The Conference Board's Composite Index of Leading Economic Indicators increased 0.6% during January (2.5% y/y)...
EMU Current Account Surplus Shrinks in December: Still Way Too Large
Germany, the largest EMU economy, has run nothing but current account surpluses since July 2001 with only two monthly exceptions...
U.S. Housing Starts Ease, But Permits Improve
Housing starts during January declined 2.6% to 1.246 million (AR) from 1.279 million in December...
Philadelphia Fed Factory Business Conditions Index Strengthens
The Philadelphia Fed reported that its General Factory Sector Business Conditions Index jumped to 43.3 during February...
U.S. Initial Claims For Unemployment Insurance Rise Slightly
Initial claims for unemployment insurance increased to 239,000 (-8.1% y/y) during the week ended February 11...
by Tom Moeller February 16, 2017
Initial claims for unemployment insurance increased to 239,000 (-8.1% y/y) during the week ended February 11 from unrevised claims of 234,000 in the prior week. The four-week moving average of claims rose to 245,250, still near the lowest level since October 1973. Expectations had been for 245,000 claims in the Action Economics Forecast Survey. During the last ten years, there has been a 74% correlation between the level of initial claims and the m/m change in nonfarm payrolls.
Continuing claims for unemployment insurance slipped to 2.076 million (-7.7% y/y) in the week of February 4 from 2.079 million. The four-week moving average of claimants eased to 2.080 million.
The insured rate of unemployment remained at 1.5%, which has been the average since September.
Insured rates of unemployment across states continue to vary widely. For the week ended January 28, the lowest rates were in Florida (0.55%), North Carolina (0.67%), Virginia (0.84%), Tennessee (0.85%), South Carolina (0.88%) and Nebraska (0.90%). The highest rates were found in California (2.50%), Pennsylvania (2.87%), Connecticut (3.00%), New Jersey (3.11%), Montana (3.16%) and Alaska (4.49%). The state data are not seasonally adjusted.
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 (SA, 000s)||02/11/17||02/04/17||01/28/17||Y/Y %||2016||2015||2014|
|Insured Unemployment Rate (%)||--||1.5||1.5||