Friday, June 29, 2012

UNEMPLOYMENT INSURANCE WEEKLY CLAIMS REPORT WEEK ENDING JUNE 23, 2012



FROM:  U.S. DEPARTMENT OF LABOR
SEASONALLY ADJUSTED DATA
In the week ending June 23, the advance figure for seasonally adjusted initial claims was 386,000, a decrease of 6,000 from the previous week's revised figure of 392,000. The 4-week moving average was 386,750, a decrease of 750 from the previous week's revised average of 387,500.

The advance seasonally adjusted insured unemployment rate was 2.6 percent for the week ending June 16, unchanged from the prior week's unrevised rate.
The advance number for seasonally adjusted insured unemployment during the week ending June 16 was 3,296,000, a decrease of 15,000 from the preceding week's revised level of 3,311,000. The 4-week moving average was 3,306,000, an increase of 9,250 from the preceding week's revised average of 3,296,750.

UNADJUSTED DATA
The advance number of actual initial claims under state programs, unadjusted, totaled 368,418 in the week ending June 23, an increase of 3,870 from the previous week. There were 406,633 initial claims in the comparable week in 2011.

The advance unadjusted insured unemployment rate was 2.4 percent during the week ending June 16, unchanged from the prior week's unrevised rate. The advance unadjusted number for persons claiming UI benefits in state programs totaled 3,107,684, an increase of 5,712 from the preceding week. A year earlier, the rate was 2.8 percent and the volume was 3,511,416.

The total number of people claiming benefits in all programs for the week ending June 9 was 5,890,091, an increase of 71,724 from the previous week.

Extended benefits were available in the District of Columbia, Idaho, Nevada, New Jersey, New York, Rhode Island, and West Virginia during the week ending June 9.

Initial claims for UI benefits by former Federal civilian employees totaled 1,345 in the week ending June 16, a decrease of 187 from the prior week. There were 2,464 initial claims by newly discharged veterans, a decrease of 335 from the preceding week.

There were 16,095 former Federal civilian employees claiming UI benefits for the week ending June 9, a decrease of 303 from the previous week. Newly discharged veterans claiming benefits totaled 38,266, an increase of 131 from the prior week.

States reported 2,645,517 persons claiming EUC (Emergency Unemployment Compensation) benefits for the week ending June 9, an increase of 111,768 from the prior week. There were 3,300,706 claimants in the comparable week in 2011. EUC weekly claims include first, second, third, and fourth tier activity.

The highest insured unemployment rates in the week ending June 9 were in Alaska (4.2), Puerto Rico (3.8), Pennsylvania (3.6), California (3.4), New Jersey (3.3), Connecticut (3.2), Illinois (3.1), Oregon (3.1), Nevada (2.9), Rhode Island (2.9), and the Virgin Islands (2.9).

The largest increases in initial claims for the week ending June 16 were in Pennsylvania (+4,656), New Jersey (+3,907), Maryland ( +2,624), Florida (+2,528), and Puerto Rico (+1,533), while the largest decreases were in California (-8,016), New York (-3,018), Georgia (-2,160), Illinois (-1,996), and Missouri (-1,339).

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