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Data signals slight drop in initial claims for unemployment insurance

by knot move

According to data released Thursday, September 22, by the United States Department of Labor, the number of U.S. job seekers who filed initial claims for unemployment benefits dropped slightly. For the week ending September 17th, first time claims dropped to 423,000 from the previous week’s revised total of 432,000 initial claims. Economists had predicted a drop in claims to 420,000 for the week ending September 17th.

Unfortunately, despite the drop, initial claims remain about the key mark of 400,000. Economists have said initial claims would need to drop below the 400,000 level and remain there for several weeks before it could be considered an indicator of significant improvement in the labor market.

The four week moving average of claims, which helps to eliminate the effect any one particular week may have on the numbers, rose for the fifth straight week to 421,000. The prior week’s four week moving average was 419,500.

The total number of job seekers claiming benefits in all programs was 6,889,058; which represents a drop of 256,256 from the prior week.

Unemployment Insurance Weekly Claims Report Data for Week Ending September 17, 2011

SEASONALLY ADJUSTED DATA

In the week ending September 17, the advance figure for seasonally adjusted initial claims was 423,000, a decrease of 9,000 from the previous week’s revised figure of 432,000. The 4-week moving average was 421,000, an increase of 500 from the previous week’s revised average of 420,500.

The advance seasonally adjusted insured unemployment rate was 3.0 percent for the week ending September 10, unchanged from the prior week’s unrevised rate.

The advance number for seasonally adjusted insured unemployment during the week ending September 10 was 3,727,000, a decrease of 28,000 from the preceding week’s revised level of 3,755,000. The 4-week moving average was 3,742,000, a decrease of 6,500 from the preceding week’s revised average of 3,748,500.

UNADJUSTED DATA

The advance number of actual initial claims under state programs, unadjusted, totaled 350,176 in the week ending September 17, an increase of 21,308 from the previous week. There were 382,341 initial claims in the comparable week in 2010.

The advance unadjusted insured unemployment rate was 2.6 percent during the week ending September 10, unchanged from the prior week. The advance unadjusted number for persons claiming UI benefits in state programs totaled 3,286,967, a decrease of 6,138 from the preceding week. A year earlier, the rate was 3.1 percent and the volume was 3,930,908.

The total number of people claiming benefits in all programs for the week ending September 3 was 6,889,058, a decrease of 256,256 from the previous week.

Extended benefits were available in Alabama, California, Colorado, Connecticut, Delaware, the District of Columbia, Florida, Georgia, Idaho, Illinois, Indiana, Kansas, Kentucky, Maine, Massachusetts, Michigan, Minnesota, Missouri, Nevada, New Jersey, New Mexico, New York, North Carolina, Ohio, Oregon, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Washington, West Virginia, and Wisconsin during the week ending September 3.

Initial claims for UI benefits by former Federal civilian employees totaled 1,561 in the week ending September 10, a decrease of 338 from the prior week. There were 2,492 initial claims by newly discharged veterans, a decrease of 259 from the preceding week.

There were 23,522 former Federal civilian employees claiming UI benefits for the week ending September 3, a decrease of 1,600 from the previous week. Newly discharged veterans claiming benefits totaled 37,366, a decrease of 924 from the prior week.

States reported 2,996,662 persons claiming EUC (Emergency Unemployment Compensation) benefits for the week ending September 3, a decrease of 70,009 from the prior week. There were 4,219,465 claimants in the comparable week in 2010. EUC weekly claims include first, second, third, and fourth tier activity.

The highest insured unemployment rates in the week ending September 3 were in Puerto Rico (5.0), New Jersey (3.9), Pennsylvania (3.8), Alaska (3.6), Connecticut (3.5), Oregon (3.5), California (3.4), Nevada (3.4), Rhode Island (3.4), and New York (3.1).

The largest increases in initial claims for the week ending September 10 were in Pennsylvania (+3,662), Puerto Rico (+2,007), North Carolina (+1,699), Oregon (+847), and Virginia (+667) while the largest decreases were in Texas (-3,776), California (-3,321), Kansas (-2,733), Illinois (-2,358), and Missouri (-1,419).

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Tier-specific EUC data

Information on the EB program

State Detail Prior Week

UI Claims Series 1967 to Current

Unemployment Rates for States

Career One Stop State Locator

The Arizona Unemployment Insurance Program

Disaster Unemployment Assistance (Special programs in locations declared by the President as disaster areas.)

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Legislative and AZUI Contact Information For Arizona Residents and UI Recipients

Veterans Services in Arizona

Disabled Workers Services in Arizona

Mature Workers Services in Arizona

Youth Services in Arizona

Job Seekers Assistance in Arizona

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