Results include

Economic Indicators
Sep 28, 2023
Bottom Line:  Claims rose only slightly after falling five weeks. Seasonal factors had only a small impact on the reading last week. Moreover, there were no signs of any impact from the autoworker strike. State-level data showed only minor moves...
Sep 21, 2023
Bottom Line:  Claims fell for the fifth week after ticking higher in late July and early August. This latest report was influenced by seasonal factors, which had expected an increase of nearly 18k versus actual unadjusted claims that were nearly...
Sep 7, 2023
Bottom Line:  Claims fell for the fourth week after ticking higher in late July and early August. Seasonal adjustments were minor again, and claims in Ohio continued to fall as the state agency continued to work through fraud issues. Overall,...
Aug 31, 2023
Bottom Line:  Claims fell for the third week after ticking higher in late July and early August. Seasonal adjustments were minor. Claims fell in Hawaii after a one-week jump following the devastating fire in Maui. Ohio, which had been struggling...
Aug 24, 2023
Bottom Line:  Claims fell for the second week after ticking higher in late July and early August. Seasonal adjustments were minor. Claims jumped in Hawaii following the devastating fire in Maui but were lower in Ohio, which had been struggling...
Aug 17, 2023
Bottom Line:  Claims fell modestly last week after rising for two weeks. Seasonal adjustments were minor, and there were no state-level aberrations, although there were lingering concerns about fraud in Ohio. Claims are historically low, and the trend is mixed....
Aug 10, 2023
Bottom Line:  Claims rose for the second time in six weeks, rebounding to nearly 250k. The reading was well above the average of the last four weeks but still below the highs seen in June. Claims in Ohio jumped slightly...
Aug 3, 2023
Bottom Line:  Claims rose for the first time in five weeks, rebounding slightly. Still, initial and continuing claims were trending lower throughout most of July. The four-week average for claims in the final full week of July was down to...
Jul 27, 2023
Bottom Line:  Claims fell for the fourth week, surprising to the downside again. We have had plenty of seasonal adjustment excuses for weeks from the Juneteenth holiday through the week after Independence Day. But those factors should be fading into...
Jul 20, 2023
Bottom Line:  Claims fell for the third week, surprising to the downside. However, the tally was unchanged on a non-seasonally adjusted basis, suggesting the Juneteenth and 4th of July holidays continue to have a lingering impact on the headline data....
Jul 13, 2023
Bottom Line:  Claims fell for the second week, surprising to the downside. Seasonal adjustments continue to impact the headline number with last week's 4th of July holiday. Unadjusted claims were higher. And with two holidays in the last four weeks...
Jun 29, 2023
Bottom Line:  Claims fell sharply last week after two weeks of readings near the cycle high. These data were collected over the week including the Juneteenth holiday. Given the holiday is a new federal holiday that has yet to be...
Jun 22, 2023
Bottom Line:  Claims were steady again last week, holding near the highest levels since early in the pandemic. There were slight negative revisions to the prior week's data, but no states reported significant issues. Texas officials reported that layoffs were...
Jun 15, 2023
Bottom Line:  Claims were nearly steady on a seasonally adjusted basis last week but rose nearly 28k on an unadjusted basis. Sitting near cycle highs, the level of claims bears close watching in the coming weeks. The most recent spike...
Jun 8, 2023
Bottom Line:  Claims were sharply higher than expected at 261k, the highest since October 30, 2021. Claims in Ohio jumped over 60%, accounting for over 25% of the total increase in the week. While volatility in an individual state is...
Jun 1, 2023
Bottom Line:  Claims were slightly lower than expected last week, with the trend mostly sideways after the increase early this year. The State of Massachusetts reported lower claims again after officials in the Bay State discovered a wave of fraudulent...
May 25, 2023
Bottom Line:  Claims were sharply lower than previously reported, with the State of Massachusetts reporting sharply lower claims and revising previous weeks' data lower amid a wave of fraudulent claims in the last several weeks. Claims still remain modestly higher...
May 18, 2023
Bottom Line:  Claims corrected sharply lower after a surprise increase in the prior week. Claims in Massachusetts accounted for nearly all of the volatility amid reports of a spike in fraudulent claims and a subsequent state investigation. Claims still remain...
May 11, 2023
Bottom Line:  Claims rose sharply more than expected in the first week of May. The increase put claims nearly 20k above the highs of this cycle. While seasonal factors added to the increase, the gains were broad, and no one...
May 4, 2023
Bottom Line:  Claims rose modestly, more than expected, in the final week of April and were near the high end of the recent range. Since the Department of Labor's annual revisions to the seasonal adjustment model in the first week...