Unemployment Insurance Weekly Claims Report for Week Ending September 24, 2016

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Washington, DC–(ENEWPF)–September 29, 2016.

SEASONALLY ADJUSTED DATA

In the week ending September 24, the advance figure for seasonally adjusted initial claims was 254,000, an increase of 3,000 from the previous week’s revised level. The previous week’s level was revised down by 1,000 from 252,000 to 251,000. The 4-week moving average was 256,000, a decrease of 2,250 from the previous week’s revised average. The previous week’s average was revised down by 250 from 258,500 to 258,250.

There were no special factors impacting this week’s initial claims. This marks 82 consecutive weeks of initial claims below 300,000, the longest streak since 1970.

The advance seasonally adjusted insured unemployment rate was 1.5 percent for the week ending September 17, unchanged from the previous week’s unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending September 17 was 2,062,000, a decrease of 46,000 from the previous week’s revised level. This is the lowest level for insured unemployment since July 1, 2000 when it was 2,052,000. The previous week’s level was revised down by 5,000 from 2,113,000 to 2,108,000. The 4-week moving average was 2,115,250, a decrease of 23,750 from the previous week’s revised average. This is the lowest level for this average since November 4, 2000 when it was 2,110,500. The previous week’s average was revised down by 1,250 from 2,140,250 to 2,139,000.

UNADJUSTED DATA

The advance number of actual initial claims under state programs, unadjusted, totaled 197,984 in the week ending September 24, a decrease of 7,665 (or -3.7 percent) from the previous week. The seasonal factors had expected a decrease of 9,302 (or -4.5 percent) from the previous week. There were 215,116 initial claims in the comparable week in 2015.

The advance unadjusted insured unemployment rate was 1.3 percent during the week ending September 17, unchanged from the prior week. The advance unadjusted number for persons claiming UI benefits in state programs totaled 1,754,357, a decrease of 81,562 (or -4.4 percent) from the preceding week. The seasonal factors had expected a decrease of 42,157 (or -2.3 percent) from the previous week. A year earlier the rate was 1.4 percent and the volume was 1,876,960.

The total number of people claiming benefits in all programs for the week ending September 10 was 1,874,794, a decrease of 30,737 from the previous week. There were 1,985,075 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 September 10.

Initial claims for UI benefits filed by former Federal civilian employees totaled 752 in the week ending September 17, an increase of 138 from the prior week. There were 1,066 initial claims filed by newly discharged veterans, an increase of 48 from the preceding week.

There were 8,174 former Federal civilian employees claiming UI benefits for the week ending September 10, a decrease of 814 from the previous week. Newly discharged veterans claiming benefits totaled 13,223, an increase of 128 from the prior week.

The highest insured unemployment rates in the week ending September 10 were in Alaska (2.6), Puerto Rico (2.5), New Jersey (2.3), Connecticut (2.1), the Virgin Islands (2.1), California (2.0), Pennsylvania (2.0), Illinois (1.9), West Virginia (1.9), Massachusetts (1.7), and Nevada (1.7).

The largest increases in initial claims for the week ending September 17 were in California (+3,152), Texas (+1,745), New Jersey (+1,665), Georgia (+1,229), and Michigan (+785), while the largest decreases were in Oklahoma (-626), Wisconsin (-404), West Virginia (-222), Kentucky (-149), and Nevada (-99).

Source: http://dol.gov

 

 

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