Washington, DC—(ENEWSPF)—June 9, 2016
SEASONALLY ADJUSTED DATA
In the week ending June 4, the advance figure for seasonally adjusted initial claims was 264,000, a decrease of 4,000 from the previous week’s revised level. The previous week’s level was revised up by 1,000 from 267,000 to 268,000. The 4-week moving average was 269,500, a decrease of 7,500 from the previous week’s revised average. The previous week’s average was revised up by 250 from 276,750 to 277,000.
There were no special factors impacting this week’s initial claims. This marks 66 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 May 28, 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 May 28 was 2,095,000, a decrease of 77,000 from the previous week’s unrevised level of 2,172,000.
This is the lowest level for insured unemployment since October 21, 2000 when it was 2,082,000. The 4-week moving average was 2,145,000, a decrease of 17,500 from the previous week’s unrevised average of 2,162,500.
The advance number of actual initial claims under state programs, unadjusted, totaled 232,507 in the week ending June 4, a decrease of 14,560 (or -5.9 percent) from the previous week. The seasonal factors had expected a decrease of 10,462 (or -4.2 percent) from the previous week. There were 275,619 initial claims in the comparable week in 2015.
The advance unadjusted insured unemployment rate was 1.4 percent during the week ending May 28, unchanged from the prior week. The advance unadjusted number for persons claiming UI benefits in state programs totaled 1,927,683, a decrease of 48,497 (or -2.5 percent) from the preceding week. The seasonal factors had expected an increase of 21,716 (or 1.1 percent) from the previous week. A year earlier the rate was 1.6 percent and the volume was 2,096,986.
The total number of people claiming benefits in all programs for the week ending May 21 was 2,015,751, a decrease of 33,767 from the previous week. There were 2,062,486 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 21.
Initial claims for UI benefits filed by former Federal civilian employees totaled 775 in the week ending May 28, an increase of 57 from the prior week. There were 978 initial claims filed by newly discharged veterans, a decrease of 54 from the preceding week.
There were 7,277 former Federal civilian employees claiming UI benefits for the week ending May 21, a decrease of 435 from the previous week. Newly discharged veterans claiming benefits totaled 13,551, an increase of 25 from the prior week.
The highest insured unemployment rates in the week ending May 21 were in Alaska (3.3), West Virginia (2.6), Wyoming (2.6), Puerto Rico (2.4), New Jersey (2.3), California (2.2), Connecticut (2.2), Pennsylvania (2.2), Illinois (1.9), Massachusetts (1.9), and Nevada (1.9).
The largest increases in initial claims for the week ending May 28 were in California (+3,827), Georgia (+1,832), Puerto Rico (+1,547), Illinois (+1,217), and Indiana (+720), while the largest decreases were in Oregon (-1,700), Virginia (-650), North Carolina (-647), Iowa (-587), and Pennsylvania (-551).
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