Washington, DC–(ENEWSPF)–August 2, 2012.
SEASONALLY ADJUSTED DATA
In the week ending July 28 the advance figure for seasonally adjusted initial claims was 365,000, an increase of 8,000 from the previous week’s revised figure of 357,000. The 4-week moving average was 365,500, a decrease of 2,750 from the previous week’s revised average of 368,250.
The advance seasonally adjusted insured unemployment rate was 2.6 percent for the week ending July 21, unchanged from the prior week’s unrevised rate.
The advance number for seasonally adjusted insured unemployment during the week ending July 21 was 3,272,000, a decrease of 19,000 from the preceding week’s revised level of 3,291,000. The 4-week moving average was 3,298,500, a decrease of 11,500 from the preceding week’s revised average of 3,310,000.
UNADJUSTED DATA
The advance number of actual initial claims under state programs, unadjusted, totaled 310,492 in the week ending July 28, a decrease of 30,083 from the previous week. There were 341,103 initial claims in the comparable week in 2011.
The advance unadjusted insured unemployment rate was 2.5 percent during the week ending July 21, a decrease of 0.1 percentage point from the prior week’s unrevised rate. The advance unadjusted number for persons claiming UI benefits in state programs totaled 3,239,615, a decrease of 97,192 from the preceding week. A year earlier, the rate was 2.9 percent and the volume was 3,680,729.
The total number of people claiming benefits in all programs for the week ending July 14 was 5,964,553, a decrease of 69,672 from the previous week.
Extended benefits were only available in Idaho during the week ending July 14,
Initial claims for UI benefits by former Federal civilian employees totaled 1,333 in the week ending July 21, a decrease of 325 from the prior week. There were 2,513 initial claims by newly discharged veterans, a decrease of 263 from the preceding week.
There were 17,979 former Federal civilian employees claiming UI benefits for the week ending July 14, an increase of 1,004 from the previous week. Newly discharged veterans claiming benefits totaled 39,198, an increase of 152 from the prior week.
States reported 2,532,828 persons claiming EUC (Emergency Unemployment Compensation) benefits for the week ending July 14, a decrease of 23,628 from the prior week. There were 3,184,621 claimants in the comparable week in 2011. EUC weekly claims include first, second, third, and fourth tier activity.
The highest insured unemployment rates in the week ending July 14 were in the Virgin Islands (4.8), Puerto Rico (4.3), Pennsylvania (4.1), New Jersey (3.8), Alaska (3.7), Connecticut (3.7), California (3.6), Rhode Island (3.5), New York (3.2), and Nevada (3.2).
The largest increases in initial claims for the week ending July 21 were in Kentucky (+4,073), Vermont (+236), Puerto Rico (+48), the Virgin Islands (+14), and South Dakota (+10), while the largest decreases were in California (-32,107), New York (-15,615), North Carolina (-12,448), Georgia (-7,923), and Alabama (-5,122).
Source: dol.gov