Thursday, October 25, 2012

UNEMPLOYMENT INSURANCE WEEKLY CLAIMS REPORT FOR WEEK ENDING OCTOBER 20, 2012

Photo Credit:  U.S. Bureau Of Land Management

  FROM: U.S. DEPARTMENT OF LABOR
UNEMPLOYMENT INSURANCE WEEKLY CLAIMS REPORT
SEASONALLY ADJUSTED DATA


In the week ending October 20, the advance figure for seasonally adjusted initial claims was 369,000, a decrease of 23,000 from the previous week's revised figure of 392,000. The 4-week moving average was 368,000, an increase of 1,500 from the previous week's revised average of 366,500.

The advance seasonally adjusted insured unemployment rate was 2.5 percent for the week ending October 13, unchanged from the prior week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending October 13 was 3,254,000, a decrease of 2,000 from the preceding week's revised level of 3,256,000. The 4-week moving average was 3,269,750, a decrease of 6,750 from the preceding week's revised average of 3,276,500.
UNADJUSTED DATA
The advance number of actual initial claims under state programs, unadjusted, totaled 342,702 in the week ending October 20, a decrease of 20,032 from the previous week. There were 377,156 initial claims in the comparable week in 2011.

The advance unadjusted insured unemployment rate was 2.2 percent during the week ending October 13, an increase of 0.1 percentage point from the prior week's unrevised rate. The advance unadjusted number for persons claiming UI benefits in state programs totaled 2,811,504, an increase of 63,421 from the preceding week. A year earlier, the rate was 2.5 percent and the volume was 3,196,554.

The total number of people claiming benefits in all programs for the week ending October 6 was 4,917,460, a decrease of 84,525 from the previous week. There were 6,679,024 persons claiming benefits in all programs in the comparable week in 2011.

Extended Benefits were only available in New York during the week ending October 6.

Initial claims for UI benefits by former Federal civilian employees totaled 1,991 in the week ending October 13, an increase of 49 from the prior week. There were 2,824 initial claims by newly discharged veterans, a decrease of 638 from the preceding week.

There were 17,559 former Federal civilian employees claiming UI benefits for the week ending October 6, an increase of 680 from the previous week. Newly discharged veterans claiming benefits totaled 38,069, a decrease of 393 from the prior week.

States reported 2,052,957 persons claiming EUC (Emergency Unemployment Compensation) benefits for the week ending October 6, a decrease of 45,836 from the prior week. There were 2,921,937 persons claiming EUC 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 October 6 were in Alaska (3.9), Puerto Rico (3.8), Virgin Islands (3.8), California (3.0), New Jersey (3.0), Pennsylvania (3.0), Oregon (2.8), Nevada (2.7), New York (2.6), Arkansas (2.5), Connecticut (2.5), Illinois (2.5), and North Carolina (2.5).

The largest increases in initial claims for the week ending October 13 were in California (+26,935), Florida (+3,947), Ohio (+1,936), Washington (+1,435), and Alaska (+1,383), while the largest decreases were in New York (-3,395), New Jersey (-1,311), Georgia (-1,285), Massachusetts (-1,141), and Kentucky (-982).

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