Thursday, October 20, 2011

Unemployment Insurance Weekly Claims Detailed Report, 403,000


In the week ending October 15, the advance figure for seasonally adjusted initial claims was 403,000, a decrease of 6,000 from the previous week's revised figure of 409,000.

The 4-week moving average was 403,000, a decrease of 6,250 from the previous week's revised average of 409,250.

All American Investor

The advance seasonally adjusted insured unemployment rate was 2.9 percent for the week ending October 8, unchanged from the prior week's unrevised rate of 2.9 percent.

The advance number for seasonally adjusted insured unemployment during the week ending October 8 was 3,719,000, an increase of 25,000 from the preceding week's revised level of 3,694,000.

The 4-week moving average was 3,722,500, a decrease of 7,500 from the preceding week's revised average of 3,730,000.



UNADJUSTED DATA

The advance number of actual initial claims under state programs, unadjusted, totaled 356,825 in the week ending October 15, a decrease of 47,229 from the previous week. There were 394,016 initial claims in the comparable week in 2010.

The advance unadjusted insured unemployment rate was 2.5 percent during the week ending October 8, unchanged from the prior week. The advance unadjusted number for persons claiming UI benefits in state programs totaled 3,116,875, an increase of 2,431 from the preceding week. A year earlier, the rate was 3.0 percent and the volume was 3,715,967.

The total number of people claiming benefits in all programs for the week ending October 1 was 6,697,346, a decrease of 124,239 from the previous week.

Extended benefits were available in Alabama, California, Colorado, Connecticut, Delaware, the District of Columbia, Florida, Georgia, Idaho, Illinois, Indiana, Kansas, Kentucky, Maine, Massachusetts, Michigan, Minnesota, Missouri, Nevada, New Jersey, New Mexico, New York, North Carolina, Ohio, Oregon, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Washington, West Virginia, and Wisconsin during the week ending October 1.

Initial claims for UI benefits by former Federal civilian employees totaled 4,341 in the week ending October 8, an increase of 1,917 from the prior week. There were 3,399 initial claims by newly discharged veterans, an increase of 651 from the preceding week.

There were 24,902 former Federal civilian employees claiming UI benefits for the week ending October 1, a decrease of 26 from the previous week. Newly discharged veterans claiming benefits totaled 38,951, a decrease of 183 from the prior week.

States reported 2,967,054 persons claiming EUC (Emergency Unemployment Compensation) benefits for the week ending October 1, a decrease of 48,981 from the prior week. There were 4,040,113 claimants in the comparable week in 2010. EUC weekly claims include first, second, third, and fourth tier activity.

The highest insured unemployment rates in the week ending October 1 were in Puerto Rico (4.9), Alaska (3.8), Pennsylvania (3.5), New Jersey (3.4), Virgin Islands (3.4), California (3.3), Nevada (3.2), Oregon (3.2), Connecticut (3.1), Arkansas (2.9), and Illinois (2.9).

The largest increases in initial claims for the week ending October 8 were in California (+13,882), New York (+8,568), Texas (+4,644), Washington (+3,728), and Pennsylvania (+3,640) while the largest decreases were in Wisconsin (-1,536), North Carolina (-856), South Carolina (-818), and Virgin Islands (-33).

http://1.usa.gov/pGORuY




Original content Bob DeMarco, All American Investor

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