Washington, DC—(ENEWSPF)—September 11, 2014.
SEASONALLY ADJUSTED DATA
In the week ending September 6, the advance figure for seasonally adjusted initial claims was 315,000, an increase of 11,000 from the previous week’s revised level. The previous week’s level was revised up by 2,000 from 302,000 to 304,000. The 4-week moving average was 304,000, an increase of 750 from the previous week’s revised average. The previous week’s average was revised up by 500 from 302,750 to 303,250. There were no special factors impacting this week’s initial claims.
The advance seasonally adjusted insured unemployment rate was 1.9 percent for the week ending August 30, unchanged from the previous week’s unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending August 30 was 2,487,000, an increase of 9,000 from the previous week’s revised level. The previous week’s level was revised up 14,000 from 2,464,000 to 2,478,000. The 4 -week moving average was 2,498,750, a decrease of 15,500 from the previous week’s revised average. This is the lowest level for this average since June 30, 2007 when it was 2,489,500. The previous week’s average was revised up by 3,500 from 2,510,750 to 2,514,250.
UNADJUSTED DATA
The advance number of actual initial claims under state programs, unadjusted, totaled 234,403 in the week ending September 6, a decrease of 15,377 (or -6.2 percent) from the previous week. The seasonal factors had expected a decrease of 24,006 (or -9.6 percent) from the previous week. There were 229,648 initial claims in the comparable week in 2013.
The advance unadjusted insured unemployment rate was 1.7 percent during the week ending August 30, a decrease of 0.1 percentage point from the prior week. The advance unadjusted number for persons claiming UI benefits in state programs totaled 2,208,740, a decrease of 110,498 (or -4.8 percent) from the preceding week. The seasonal factors had expected a decrease of 118,935 (or -5.1 percent) from the previous week. A year earlier the rate was 1.9 percent and the volume was 2,512,460.
The total number of people claiming benefits in all programs for the week ending August 23 was 2,374,314, a decrease of 81,090 from the previous week. There were 4,265,729 persons claiming benefits in all programs in the comparable week in 2013.
No state was triggered “on” the Extended Benefits program during the week ending August 23.
Initial claims for UI benefits filed by former Federal civilian employees totaled 1,176 in the week ending August 30, a decrease of 372 from the prior week. There were 1,882 initial claims filed by newly discharged veterans, a decrease of 96 from the preceding week.
There were 15,250 former Federal civilian employees claiming UI benefits for the week ending August 3, an increase of 849 from the previous week. Newly discharged veterans claiming benefits totaled 24,440, a decrease of 144 from the prior week.
The highest insured unemployment rates in the week ending August 23 were in Puerto Rico (3.9), New Jersey (3.3), Connecticut (3.0), Alaska (2.9), California (2.6), Pennsylvania (2.6), Massachusetts (2.5), Rhode Island (2.5), Virgin Islands (2.4), Illinois (2.2), Nevada (2.2), and New York (2.2).
The largest increases in initial claims for the week ending August 30 were in California (+1,563), New York (+1,254), Iowa (+579), Wisconsin (+412), and Pennsylvania (+362), while the largest decreases were in New Jersey (-901), Illinois (-633), Georgia (-465), Massachusetts (-345), and Kentucky (-324).
Source: dol.gov
