Thursday, May 30, 2013

UNEMPLOYMENT INSURANCE WEEKLY CLAIMS REPORT FOR WEEK ENDING MAY 25, 2013

SEASONALLY ADJUSTED DATA



In the week ending May 25, the advance figure for seasonally adjusted initial claims was 354,000, an increase of 10,000 from the previous week's revised figure of 344,000. The 4-week moving average was 347,250, an increase of 6,750 from the previous week's revised average of 340,500.

The advance seasonally adjusted insured unemployment rate was 2.3 percent for the week ending May 18, unchanged from the prior week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending May 18 was 2,986,000, an increase of 63,000 from the preceding week's revised level of 2,923,000. The 4-week moving average was 2,986,500, a decrease of 11,500 from the preceding week's revised average of 2,998,000.
UNADJUSTED DATA
The advance number of actual initial claims under state programs, unadjusted, totaled 317,732 in the week ending May 25, an increase of 13,653 from the previous week. There were 346,260 initial claims in the comparable week in 2012.

The advance unadjusted insured unemployment rate was 2.2 percent during the week ending May 18, 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 2,792,143, an increase of 15,423 from the preceding week's revised level of 2,776,720. A year earlier, the rate was 2.4 percent and the volume was 3,060,148.

The total number of people claiming benefits in all programs for the week ending May 11 was 4,578,592, a decrease of 166,659 from the previous week. There were 6,138,246 persons claiming benefits in all programs in the comparable week in 2012.

Extended Benefits were not available in any state during the week ending May 11.

Initial claims for UI benefits filed by former Federal civilian employees totaled 1,066 in the week ending May 18, a decrease of 405 from the prior week. There were 2,063 initial claims filed by newly discharged veterans, a decrease of 66 from the preceding week.

There were 17,311 former Federal civilian employees claiming UI benefits for the week ending May 11, a decrease of 1,038 from the previous week. Newly discharged veterans claiming benefits totaled 35,330, a decrease of 827 from the prior week.

States reported 1,726,659 persons claiming EUC (Emergency Unemployment Compensation) benefits for the week ending May 11, a decrease of 50,027 from the prior week. There were 2,618,445 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 May 11 were in Alaska (4.9), Puerto Rico (4.5), New Jersey (3.1), New Mexico (3.1), Connecticut (3.0), California (2.9), Pennsylvania (2.9), Nevada (2.8), Oregon (2.8), Illinois (2.7).

The largest increases in initial claims for the week ending May 18 were in South Carolina (+1,263), Tennessee (+1,191), Missouri (+785), Michigan (+634), and Massachusetts (+610), while the largest decreases were in California (-16,334), Georgia (-1,802), Illinois (-1,198), Kentucky (-902), and Ohio (-623).

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