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Thursday, February 27, 2014

UNEMPLOYMENT INSURANCE WEEKLY CLAIMS REPORT FOR WEEKENDING FEBRUARY 22, 2014

UNEMPLOYMENT INSURANCE WEEKLY CLAIMS REPORT
          SEASONALLY ADJUSTED DATA

In the week ending February 22, the advance figure for seasonally adjusted initial claims was 348,000, an increase of 14,000 from the previous week's revised figure of 334,000. The 4-week moving average was 338,250, unchanged from the previous week's revised average.

The advance seasonally adjusted insured unemployment rate was 2.3 percent for the week ending February 15, unchanged from the prior week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending February 15 was 2,964,000, an increase of 8,000 from the preceding week's revised level of 2,956,000. The 4-week moving average was 2,954,750, an increase of 4,000 from the preceding week's revised average of 2,950,750.

UNADJUSTED DATA

The advance number of actual initial claims under state programs, unadjusted, totaled 310,816 in the week ending February 22, a decrease of 10,598 from the previous week. There were 310,389 initial claims in the comparable week in 2013.

The advance unadjusted insured unemployment rate was 2.6 percent during the week ending February 15, unchanged from the prior week. The advance unadjusted number for persons claiming UI benefits in state programs totaled 3,384,598, a decrease of 26,636 from the preceding week. A year earlier, the rate was 2.7 percent and the volume was 3,536,462.

The total number of people claiming benefits in all programs for the week ending February 8 was 3,486,060, a decrease of 26,388 from the previous week. There were 5,764,168 persons claiming benefits in all programs in the comparable week in 2013.

No state was triggered "on" the Extended Benefits program during the week ending February 8.

Initial claims for UI benefits filed by former Federal civilian employees totaled 1,178 in the week ending February 15, a decrease of 21 from the prior week. There were 1,676 initial claims filed by newly discharged veterans, a decrease of 439 from the preceding week.
There were 22,308 former Feder
al civilian employees claiming UI benefits for the week ending February 8, an increase of 776 from the previous week. Newly discharged veterans claiming benefits totaled 29,570, a decrease of 100 from the prior week.

The highest insured unemployment rates in the week ending February 8 were in Alaska (6.1), New Jersey (4.2), Rhode Island (4.2), Pennsylvania (3.9), Connecticut (3.8), Illinois (3.8), Montana (3.8), California (3.7), Wisconsin (3.7), and West Virginia (3.6).

The largest increases in initial claims for the week ending February 15 were in California (+5,832), Michigan (+2,129), Oregon (+1,574), Missouri (+1,045), and Nevada (+196), while the largest decreases were in Georgia (-7,759), Pennsylvania (-3,677), Wisconsin (-3,227), Illinois (-2,780), and North Carolina (-2,644).