Thursday 16 January 2014

U.S. initial claims decreased 2,000 in week ending Juanuary 11th

U.S. Department Of Labor
UNEMPLOYMENT INSURANCE WEEKLY CLAIMS REPORT
          SEASONALLY ADJUSTED DATA

In the week ending January 11, the advance figure for seasonally adjusted initial claims was 326,000, a decrease of 2,000 from the previous week's revised figure of 328,000. The 4-week moving average was 335,000, a decrease of 13,500 from the previous week's revised average of 348,500.
The advance seasonally adjusted insured unemployment rate was 2.3 percent for the week ending January 4, an increase of 0.1 percentage point from the prior week's unrevised rate. The advance number for seasonally adjusted insured unemploymentduring the week ending January 4 was 3,030,000, an increase of 174,000 from the preceding week's revised level of 2,856,000. The 4-week moving average was 2,908,750, an increase of 38,250 from the preceding week's revised average of 2,870,500.
UNADJUSTED DATA
The advance number of actual initial claims under state programs, unadjusted, totaled 534,431 in the week ending January 11, an increase of 51,190 from the previous week. There were 556,621 initial claims in the comparable week in 2013.
The advance unadjusted insured unemployment rate was 2.8 percent during the week ending January 4, an increase of 0.3 percentage point from the prior week. The advance unadjusted number for persons claiming UI benefits in state programs totaled 3,638,564, an increase of 354,387 from the preceding week. A year earlier, the rate was 3.0 percent and the volume was 3,867,784.
The total number of people claiming benefits in all programs for the week ending December 28 was 4,703,499, an increase of 508,309 from the previous week. There were 5,873,824 persons claiming benefits in all programs in the comparable week in 2012.
No state was triggered "on" the Extended Benefits program during the week ending December 28.
Initial claims for UI benefits filed by former Federal civilian employees totaled 1,569 in the week ending January 4, an increase of 372 from the prior week. There were 1,741 initial claims filed by newly discharged veterans, an increase of 533 from the preceding week.
There were 22,811 former Federal civilian employees claiming UI benefits for the week ending December 28, an increase of 2,103 from the previous week. Newly discharged veterans claiming benefits totaled 30,676, an increase of 2,111 from the prior week.
States reported 1,350,663 persons claiming Emergency Unemployment Compensation (EUC) benefits for the week ending December 28, an increase of 63,626 from the prior week. There were 2,059,438 persons claiming EUC in the comparable week in 2012. EUC weekly claims include first, second, third, and fourth tier activity.
The highest insured unemployment rates in the week ending December 28 were in Alaska (6.2), New Jersey (4.0), Connecticut (3.8), Pennsylvania (3.6), Montana (3.5), Wisconsin (3.5), Oregon (3.4), California (3.2), Illinois (3.2), Idaho (3.1), Massachusetts (3.1), Michigan (3.1), Minnesota (3.1), New York (3.1), and Rhode Island (3.1).
The largest increases in initial claims for the week ending January 4 were in New York (+28,314), Georgia (+18,734), South Carolina (+9,632), Alabama (+6,782), and Texas (+6,638), while the largest decreases were in Michigan (-17,635), New Jersey (-6,882), Massachusetts (-5,485), Ohio (-5,482), and Iowa (-4,212).
UNEMPLOYMENT INSURANCE DATA FOR REGULAR STATE PROGRAMS
WEEK ENDING
Advance Jan. 11
Jan. 4
Change
Dec. 28
Prior Year1
Initial Claims (SA)
326,000
328,000
-2,000
345,000
350,000
Initial Claims (NSA)
534,431
483,241
+51,190
451,452
556,621
4-Wk Moving Average (SA)
335,000
348,500
-13,500
358,750
365,250
WEEK ENDING
Advance Jan. 4
Dec. 28
Change
Dec. 21
Prior Year1
Ins. Unemployment (SA)
3,030,000
2,856,000
+174,000
2,817,000
3,248,000
Ins. Unemployment (NSA)
3,638,564
3,284,177
+354,387
2,844,723
3,867,784
4-Wk Moving Average (SA)
2,908,750
2,870,500
+38,250
2,854,000
3,212,750
Ins. Unemployment Rate (SA)2
2.3%
2.2%
+0.1
2.2%
2.5%
Ins. Unemployment Rate (NSA)2
2.8%
2.5%
+0.3
2.2%
3.0%
INITIAL CLAIMS FILED IN FEDERAL PROGRAMS (UNADJUSTED)
WEEK ENDING
Jan. 4
Dec. 28
Change
Prior Year1
Federal Employees
1,569
1,197
+372
1,776
Newly Discharged Veterans
1,741
1,208
+533
2,378
PERSONS CLAIMING UI BENEFITS IN ALL PROGRAMS (UNADJUSTED)
WEEK ENDING
Dec. 28
Dec. 21
Change
Prior Year1
Regular State
3,279,798
2,841,070
+438,728
3,725,033
Federal Employees (UCFE)
22,811
20,708
+2,103
22,737
Newly Discharged Veterans (UCX)
30,676
28,565
+2,111
39,142
EUC 20083
1,350,663
1,287,037
+63,626
2,059,438
Extended Benefits4
148
293
-145
1,143
State Additional Benefits 5
3,812
3,662
+150
5,083
STC / Workshare 6
15,591
13,855
+1,736
21,248
TOTAL
4,703,499
4,195,190
+508,309
5,873,824
FOOTNOTES 
SA - Seasonally Adjusted Data, NSA - Not Seasonally Adjusted Data 
1 - Prior year is comparable to most recent data.
2 - Most recent week used covered employment of 130,938,360 as denominator. 
3 - EUC weekly claims include first, second, third, and fourth tier activity. Tier-specific EUC data can be found here: http://ows.doleta.gov/unemploy/docs/persons.xls
4 - Information on the EB program can be found here: http://www.ows.doleta.gov/unemploy/extenben.asp 
5 - Some states maintain additional benefit programs for those claimants who exhaust regular, extended and emergency benefits. Information on states that participate, 
        and the extent of benefits paid, can be found starting on page 4-5 of this link: http://ows.doleta.gov/unemploy/pdf/uilawcompar/2010/special.pdf 
6 - Information on STC/Worksharing can be found starting on page 4-9 of the following link: http://ows.doleta.gov/unemploy/pdf/uilawcompar/2010/special.pdf 
UNADJUSTED INITIAL CLAIMS FOR WEEK ENDED JANUARY 4, 2014
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