Washington, DC–(ENEWSPF)–June 30, 2016
SEASONALLY ADJUSTED DATA
In the week ending June 25, the advance figure for seasonally adjusted initial claims was 268,000, an increase of 10,000 from the previous week’s revised level. The previous week’s level was revised down by 1,000 from 259,000 to 258,000. The 4-week moving average was 266,750, unchanged from the previous week’s revised average. The previous week’s average was revised down by 250 from 267,000 to 266,750.
There were no special factors impacting this week’s initial claims. This marks 69 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 June 18, 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 June 18 was 2,120,000, a decrease of 20,000 from the previous week’s revised level. The previous week’s level was revised down by 2,000 from 2,142,000 to 2,140,000. The 4-week moving average was 2,133,500, a decrease of 13,000 from the previous week’s revised average. This is the lowest level for this average since November 11, 2000 when it was 2,119,750. The previous week’s average was revised down by 500 from 2,147,000 to 2,146,500.
UNADJUSTED DATA
The advance number of actual initial claims under state programs, unadjusted, totaled 261,640 in the week ending June 25, an increase of 13,055 (or 5.3 percent) from the previous week. The seasonal factors had expected an increase of 3,098 (or 1.2 percent) from the previous week. There were 274,646 initial claims in the comparable week in 2015.
The advance unadjusted insured unemployment rate was 1.4 percent during the week ending June 18, a decrease of 0.1 percentage point from the prior week. The advance unadjusted number for persons claiming UI benefits in state program s totaled 1,965,630, a decrease of 28,711 (or -1.4 percent) from the preceding week. The seasonal factors had expected a decrease of 10,699 (or -0.5 percent) from the previous week. A year earlier the rate was 1.6 percent and the volume was 2,106,077.
The total number of people claiming benefits in all programs for the week ending June 11 was 2,032,809, an increase of 8,569 from the previous week. There were 2,147,542 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 June 11.
Initial claims for UI benefits filed by former Federal civilian employees totaled 706 in the week ending June 18, an increase of 4 from the prior week. There were 1,047 initial claims filed by newly discharged veterans, a decrease of 22 from the preceding week.
There were 7,469 former Federal civilian employees claiming UI benefits for the week ending June 11, an increase of 199 from the previous week. Newly discharged veterans claiming benefits totaled 13,076, an increase of 117 from the prior week.
The highest insured unemployment rates in the week ending June 11 were in Alaska (3.3), Puerto Rico (3.1), West Virginia (2.5), Wyoming (2.5), Pennsylvania (2.3), California (2.2), Connecticut (2.2), New Jersey (2.2), Illinois (2.0), Massachusetts (1.8), Nevada (1.8), and New Mexico (1.8).
The largest increases in initial claims for the week ending June 18 were in New Jersey (+3,210), Connecticut (+2,612), Maryland (+1,240), Vermont (+540), and Delaware (+459), while the largest decreases were in California (-9,526), New York (-2,446), Pennsylvania (-2,407), Illinois (-2,074), and Georgia (-1,758).
Source: http://www.dol.gov
