Analysis, National

Unemployment Insurance Weekly Claims Report for Week Ending January 28, 2017


Washington, DC—(ENEWSPF)—February 2, 2017

SEASONALLY ADJUSTED DATA

In the week ending January 28, the advance figure for seasonally adjusted initial claims was 246,000, a decrease of 14,000 from the previous week’s revised level. The previous week’s level was revised up by 1,000 from 259,000 to 260,000. The 4-week moving average was 248,000, an increase of 2,250 from the previous week’s revised average. The previous week’s average was revised up by 250 from 245,500 to 245,750.

The advance seasonally adjusted insured unemployment rate was 1.5 percent for the week ending January 21, unchanged from the previous week’s unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending January 21 was 2,064,000, a decrease of 39,000 from the previous week’s revised level. The previous week’s level was revised up 3,000 from 2,100,000 to 2,103,000. The 4-week moving average was 2,079,750, a decrease of 13,000 from the previous week’s revised average. The previous week’s average was revised up by 750 from 2,092,000 to 2,092,750.

UNADJUSTED DATA

The advance number of actual initial claims under state programs, unadjusted, totaled 278,651 in the week ending January 28, a decrease of 3,136 (or -1.1 percent) from the previous week. The seasonal factors had expected an increase of 13,803 (or 4.9 percent) from the previous week. There were 311,940 initial claims in the comparable week in 2016.

The advance unadjusted insured unemployment rate was 1.8 percent during the week ending January 21, unchanged from the prior week. The advance unadjusted number for persons claiming UI benefits in state programs totaled 2,495,642, an increase of 31,293 (or 1.3 percent) from the preceding week. The seasonal factors had expected an increase of 77,799 (or 3.2 percent) from the previous week. A year earlier the rate was 2.0 percent and the volume was 2,688,858.

The total number of people claiming benefits in all programs for the week ending January 14 was 2,505,316, a decrease of 55,817 from the previous week. There were 2,703,853 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 14.

Initial claims for UI benefits filed by former Federal civilian employees totaled 1,007 in the week ending January 21, a decrease of 321 from the prior week. There were 776 initial claims filed by newly discharged veterans, a decrease of 182 from the preceding week.

There were 13,226 former Federal civilian employees claiming UI benefits for the week ending January 14, a decrease of 1,180 from the previous week. Newly discharged veterans claiming benefits totaled 12,263, a decrease of 532 from the prior week.

The highest insured unemployment rates in the week ending January 14 were in Alaska (4.6), Montana (3.3), Connecticut (3.0), New Jersey (3.0), Pennsylvania (2.9), Illinois (2.8), Rhode Island (2.7), West Virginia (2.7), Massachusetts (2.6), Puerto Rico (2.6), and Wyoming (2.6).

The largest increases in initial claims for the week ending January 21 were in California (+955) and Virginia (+529), while the largest decreases were in Pennsylvania (-9,362), New York (-6,802), Georgia (-5,690), Illinois (-4,920), and New Jersey (-3,799).

Source: www.dol.gov

 


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