Initial Unemployment Claims in Florida 2014-02-02 to 2014-02-08

Release Date: 
Thu, 02/20/2014
Coverage Start: 
Sun, 02/02/2014
Coverage End: 
Sat, 02/08/2014

Current: 12,282
Previous: 12,754

Florida’s initial claims for unemployment insurance for the week ending February 8th fell 3.70% from the previous week. This marks the fourth consecutive week of decreases for initial claims. This brought the four-week average down 1,972 claims to 14,299. After seasonal adjustment, claims fell 2.43% from the week prior to 11,609. Seasonally adjusted data is used to evaluate changes because national seasonal factors partially explain changes in Florida’s labor force. Continued claims increased 2.47% to finish at 107,589 claims. As a result, the insured unemployment rate jumped up 0.04 percentage points to 1.48%. Lastly, the number of initial claims per 1000 eligible fell from 1.75 to 1.69.