Washington, DC–(ENEWSPF)–May 26, 2016
SEASONALLY ADJUSTED DATA
In the week ending May 21, the advance figure for seasonally adjusted initial claims was 268,000, a decrease of 10,000 from the previous week’s unrevised level of 278,000. The 4-week moving average was 278,500, an increase of 2,750 from the previous week’s unrevised average of 275,750.
There were no special factors impacting this week’s initial claims. This marks 64 consecutive weeks of initial claims below 300,000, the longest streak since 1973.
The advance seasonally adjusted insured unemployment rate was 1.6 percent for the week ending May 14, unchanged from the previous week’s unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending May 14 was 2,163,000, an increase of 10,000 from the previous week’s revise d level. The previous week’s level was revised up 1,000 from 2,152,000 to 2,153,000. The 4-week moving average was 2,151,250, an increase of 8,500 from the previous week’s revised average. The previous week’s average was revised up by 250 from 2,142,500 to 2,142,750.
UNADJUSTED DATA
The advance number of actual initial claims under state programs, unadjusted, totaled 240,868 in the week ending May 21, a decrease of 4,001 (or -1.6 percent) from the previous week. The seasonal factors had expected an increase of 5,003 (or 2.0 percent) from the previous week. There were 253,454 initial claims in the comparable week in 2015. The advance unadjusted insured unemployment rate was 1.5 percent during the week ending May 14, unchanged from the prior week. The advance unadjusted number for persons claiming UI benefits in state programs totaled 2,011,176, a decrease of 3,640 (or -0.2 percent) from the preceding week. The seasonal factors had expected a decrease of 12,915 (or -0.6 percent) from the previous week. A year earlier the rate was 1.6 percent and the volume was 2,079,191.
The total number of people claiming benefits in all programs for the week ending May 7 was 2,055,890, a decrease of 66,591 from the previous week. There were 2,127,885 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 May 7.
Initial claims for UI benefits filed by former Federal civilian employees totaled 647 in the week ending May 14, a decrease of 18 from the prior week. There were 1,047 initial claims filed by newly discharged veterans, a decrease of 153 from the preceding week.
There were 7,754 former Federal civilian employees claiming UI benefits for the week ending May 7, a decrease of 812 from the previous week. Newly discharged veterans claiming benefits totaled 13,556, an increase of 178 from the prior week.
The highest insured unemployment rates in the week ending May 7 were in Alaska (3.5), Wyoming (2.9), West Virginia (2.6), Puerto Rico (2.5), New Jersey (2.4), California (2.3), Connecticut (2.2), Pennsylvania (2.2), Illinois (2.0), and Massachusetts (2.0).
The largest increases in initial claims for the week ending May 14 were in Missouri (+4,153), California (+1,645), Indiana (+658), Iowa (+430), and Kansas (+406), while the largest decreases were in New York (-15,881), Michigan (-3,654), Tennessee (-1,561), Illinois (-703), and Pennsylvania (-668).
Source: http://www.dol.gov
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