Analysis, National

Unemployment Insurance Weekly Claims Report for Week Ending August 13, 2016


Washington, DC–(ENEWSPF)–August 18, 2016

SEASONALLY ADJUSTED DATA

In the week ending August 13, the advance figure for seasonally adjusted initial claims was 262,000, a decrease of 4,000 from the previous week’s unrevised level of 266,000. The 4-week moving average was 265,250, an increase of 2,500 from the previous week’s unrevised average of 262,750.

There were no special factors impacting this week’s initial claims. This marks 76 consecutive weeks of initial claims below 300,000, the longest streak since 1970.

The advance seasonally adjusted insured unemployment rate was 1.6 percent for the week ending August 6, unchanged from the previous week’s unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending August 6 was 2,175,000, an increase of 15,000 from the previous week’s revised level. The previous week’s level was revised up 5,000 from 2,155,000 to 2,160,000. The 4-week moving average was 2,155,000, an increase of 10,750 from the previous week’s revised average. The previous week’s average was revised up by 1,250 from 2,143,000 to 2,144,250.

UNADJUSTED DATA

The advance number of actual initial claims under state programs, unadjusted, totaled 219,544 in the week ending August 13, a decrease of 11,991 (or -5.2 percent) from the previous week. The seasonal factors had expected a decrease of 8,526 (or -3.7 percent) from the previous week. There were 229,251 initial claims in the comparable week in 2015.

The advance unadjusted insured unemployment rate was 1.5 percent during the week ending August 6, unchanged from the prior week. The advance unadjusted number for persons claiming UI benefits in state programs totaled 2,083,296, a decrease of 26,978 (or -1.3 percent) from the preceding week. The seasonal factors had expected a decrease of 41,039 (or -1.9 percent) from the previous week. A year earlier the rate was 1.6 percent and the volume was 2,161,191.

The total number of people claiming benefits in all programs for the week ending July 30 was 2,148,695, an increase of 3,876 from the previous week. There were 2,254,785 persons claiming benefits in all programs in the comparable week in 2015.

No state was triggered “on” the Extended Benefits program during the week ending July 30.

Initial claims for UI benefits filed by former Federal civilian employees totaled 1,232 in the week ending August 6, an increase of 460 from the prior week. There were 1,229 initial claims filed by newly discharged veterans, an increase of 174 from the preceding week.

There were 8,129 former Federal civilian employees claiming UI benefits for the week ending July 30, a decrease of 43 from the previous week. Newly discharged veterans claiming benefit s totaled 13,050, a decrease of 745 from the prior week.

The highest insured unemployment rates in the week ending July 30 were in Puerto Rico (3.5), Connecticut (2.7), New Jersey (2.7), Alaska (2.6), Pennsylvania (2.5), California (2.2), West Virginia (2.2), Rhode Island (2.1), Illinois (2.0), Massachusetts (2.0), and Wyoming (2.0).

The largest increases in initial claims for the week ending August 6 were in Pennsylvania (+2,359), Puerto Rico (+1,621), Texas (+1,196), Ohio (+952), and New York (+881), while the largest decreases were in Michigan (-2,186), Kentucky (-536), Kansas (-283), Iowa (-280), and West Virginia (-124).

Source: https://www.dol.gov

 

 


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