Thursday, September 10, 2009

Jobless claims - 8:30am

Full report here UNEMPLOYMENT INSURANCE WEEKLY CLAIMS REPORT SEASONALLY ADJUSTED DATA In the week ending Sept. 5, the advance figure for seasonally adjusted initial claims was 550,000, a decrease of 26,000 from the previous week's revised figure of 576,000. The 4-week moving average was 570,000, a decrease of 2,750 from the previous week's revised average of 572,750. The advance seasonally adjusted insured unemployment rate was 4.6 percent for the week ending Aug. 29, a decrease of 0.1 percentage point from the prior week's unrevised rate of 4.7 percent. The advance number for seasonally adjusted insured unemployment during the week ending Aug. 29 was 6,088,000, a decrease of 159,000 from the preceding week's revised level of 6,247,000. The 4-week moving average was 6,182,500, a decrease of 37,750 from the preceding week's revised average of 6,220,250. The fiscal year-to-date average for seasonally adjusted insured unemployment for all programs is 5.617 million. UNADJUSTED DATA The advance number of actual initial claims under state programs, unadjusted, totaled 460,516 in the week ending Sept. 5, an increase of 3,834 from the previous week. There were 336,733 initial claims in the comparable week in 2008. The advance unadjusted insured unemployment rate was 4.1 percent during the week ending Aug. 29, a decrease of 0.1 percentage point from the prior week. The advance unadjusted number for persons claiming UI benefits in state programs totaled 5,424,564, a decrease of 197,837 from the preceding week. A year earlier, the rate was 2.3 percent and the volume was 3,059,126. Extended benefits were available in Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, the District of Columbia, Florida, Georgia, Idaho, Illinois, Indiana, Kansas, Kentucky, Maine, Massachusetts, Michigan, Minnesota, Missouri, Nevada, New Hampshire, New Jersey, New York, North Carolina, Ohio, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, Tennessee, Texas, Vermont, Virginia, Washington, West Virginia, and Wisconsin during the week ending Aug. 22. Initial claims for UI benefits by former Federal civilian employees totaled 1,456 in the week ending Aug. 29, a decrease of 49 from the prior week. There were 2,153 initial claims by newly discharged veterans, a decrease of 33 from the preceding week. There were 19,715 former Federal civilian employees claiming UI benefits for the week ending Aug. 22, a decrease of 434 from the previous week. Newly discharged veterans claiming benefits totaled 30,776, an increase of 661 from the prior week. States reported 3,102,877 persons claiming EUC (Emergency Unemployment Compensation) benefits for the week ending Aug. 22, an increase of 73,209 from the prior week. There were 1,160,151 claimants in the comparable week in 2008. EUC weekly claims include both first and second tier activity. The highest insured unemployment rates in the week ending Aug. 22 were in Puerto Rico (7.0 percent), Pennsylvania (5.9), Oregon (5.9), Michigan (5.7), Nevada (5.7), California (5.3), Wisconsin (5.3), Connecticut (5.2), New Jersey (5.1), North Carolina (4.8), Rhode Island (4.8), and South Carolina (4.8). The largest increases in initial claims for the week ending Aug. 29 were in New York (+4,546), Texas (+2,837), Florida (+1,780), New Jersey (+1,368), and Georgia (+1,336), while the largest decreases were in Michigan (-1,915), Ohio (-1,832), Oregon (-1,717), Wisconsin (-1,235), and Pennsylvania (-1,190). More at link with formatted tables

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