Initial Unemployment Claims in Florida 2013-08-18 to 2013-08-24
Release Date:Thu, 09/05/2013
Coverage Start:Sun, 08/18/2013
Coverage End:Sat, 08/24/2013
Florida’s initial claims for unemployment insurance for the week ending August 24th fell 3.62% from the previous week’s revised figure. Seeing as last week’s figure was a mere 0.19% increase from the week prior, the four-week average fell from 13,385 last week to 12,966 this week. Seasonally adjusted data shows claims increasing 1.72% from the previous week to finish at 14,933 claims. Seasonally adjusted data is used to evaluate changes because national seasonal factors partially explain changes in Florida’s labor force. Meanwhile, continued claims fell 1.28% from last week. As a result, the insured unemployment rate decreased by 0.02 percentage points down to 1.63%. Lastly, the number of initial claims per 1000 eligible fell from 1.79 to 1.72.