Washington, DC—(ENEWSPF)—February 9, 2017
SEASONALLY ADJUSTED DATA
In the week ending February 4, the advance figure for seasonally adjusted initial claims was 234,000, a decrease of 12,000 from the previous week’s unrevised level of 246,000. The 4-week moving average was 244,250, a decrease of 3,750 from the previous week’s unrevised average of 248,000. This is the lowest level for this average since November 3, 1973 when it was 244,000.
The advance seasonally adjusted insured unemployment rate was 1.5 percent for the week ending January 28, unchanged from the previous week’s unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending January 28 was 2,078,000, an increase of 15,000 from the previous week’s revised level. The previous week’s level was revised down by 1,000 from 2,064,000 to 2,063,000. The 4-week moving average was 2,075,750, a decrease of 3,750 from the previous week’s revised average. The previous week’s average was revised down by 250 from 2,079,750 to 2,079,500.
UNADJUSTED DATA
The advance number of actual initial claims under state programs, unadjusted, totaled 259,545 in the week ending February 4, a decrease of 19,099 (or -6.9 percent) from the previous week. The seasonal factors had expected a decrease of 5,892 (or -2.1 percent) from the previous week. There were 290,796 initial claims in the comparable week in 2016.
The advance unadjusted insured unemployment rate was 1.8 percent during the week ending January 28, unchanged from the prior week. The advance unadjusted number for persons claiming UI benefits in state programs totaled 2,481,320, a decrease of 13,265 (or -0.5 percent) from the preceding week. The seasonal factors had expected a decrease of 30,950 (or -1.2 percent) from the previous week. A year earlier the rate was 2.0 percent and the volume was 2,680,598.
The total number of people claiming benefits in all programs for the week ending January 21 was 2,538,312, an increase of 32,996 from the previous week. There were 2,739,533 persons claiming benefits in all programs in the comparable week in 2016.
No state was triggered “on” the Extended Benefits program during the week ending January 21.
Initial claims for UI benefits filed by former Federal civilian employees totaled 1,556 in the week ending January 28, an increase of 549 from the prior week. There were 932 initial claims filed by newly discharged veterans, an increase of 156 from the preceding week.
There were 14,785 former Federal civilian employees claiming UI benefits for the week ending January 21, an increase of 1,559 from the previous week. Newly discharged veterans claiming benefits totaled 12,303, an increase of 40 from the prior week.
The highest insured unemployment rates in the week ending January 21 were in Alaska (4.8), Connecticut (3.1), Montana (3.1), New Jersey (3.1), Rhode Island (2.8), Illinois (2.7), Massachusetts (2.7), Pennsylvania (2.7), Puerto Rico (2.7), and California (2.6).
The largest increases in initial claims for the week ending January 28 were in Ohio (+3,659), Indiana (+755), Florida (+741),Oregon (+700), and Wisconsin (+616), while the largest decreases were in California (-8,089), Washington (-564), Pennsylvania (-350), Puerto Rico (-325), and Virginia (-304).
Source: www.dol.gov
