Washington, DC—(ENEWSPF)—July 21, 2016
SEASONALLY ADJUSTED DATA
In the week ending July 16, the advance figure for seasonally adjusted initial claims was 253,000, a decrease of 1,000 from the previous week’s unrevised level of 254,000. The 4-week moving average was 257,750, a decrease of 1,250 from the previous week’s unrevised average of 259,000.
There were no special factors impacting this week’s initial claims. This marks 72 consecutive weeks of initial claims below 300,000, the longest streak since 1973.
The advance seasonally adjusted insured unemployment rate was 1.5 percent for the week ending July 9, a decrease of 0.1 percentage point from the previous week’s unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending July 9 was 2,128,000, a decrease of 25,000 from the previous week’s revised level. The previous week’s level was revised up 4,000 from 2,149,000 to 2,153,000.
The 4-week moving average was 2,141,250, a decrease of 2,750 from the previous week’s revised average. The previous week’s average was revised up by 1,000 from 2,143,000 to 2,144,000.
UNADJUSTED DATA
The advance number of actual initial claims under state programs, unadjusted, totaled 269,206 in the week ending July 16, a decrease of 29,467 (or -9.9 percent) from the previous week. The seasonal factors had expected a decrease of 28,397 (or -9.5 percent) from the previous week. There were 262,949 initial claims in the comparable week in 2015.
The advance unadjusted insured unemployment rate was 1.6 percent during the week ending July 9, an increase of 0.1 percentage point from the prior week. The advance unadjusted number for persons claiming UI benefits in state programs totaled 2,155,348, an increase of 118,310 (or 5.8 percent) from the preceding week. The seasonal factors had expected an increase of 144,272 (or 7.1 percent) from the previous week. A year earlier the rate was 1.7 percent and the volume was 2,255,273.
The total number of people claiming benefits in all programs for the week ending July 2 was 2,073,659, a decrease of 10,032 from the previous week. There were 2,278,225 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 2.
Initial claims for UI benefits filed by former Federal civilian employees totaled 864 in the week ending July 9, an increase of 70 from the prior week. There were 961 initial claims filed by newly discharged veterans, a decrease of 155 from the preceding week.
There were 7,003 former Federal civilian employees claiming UI benefits for the week ending July 2, a decrease of 416 from the previous week. Newly discharged veterans claiming benefits totaled 12,664, a decrease of 686 from the prior week.
The highest insured unemployment rates in the week ending July 2 were in Puerto Rico (3.1), Alaska (2.6), Connecticut (2.6), New Jersey (2.6), Pennsylvania (2.5), West Virginia (2.3), Wyoming (2.3), Rhode Island (2.1), California (2.0), and Massachusetts (2.0).
The largest increases in initial claims for the week ending July 9 were in New York (+13,098), Michigan (+9,197), Missouri (+6,057), Kansas (+2,448), and Ohio (+2,261), while the largest decreases were in California (-6,778), New Jersey (-5,465), Massachusetts (-2,370), Kentucky (-1,368), and Connecticut (-1,257).
Source: http://www.dol.gov
