Jobless claims - released 8:30 am

Full report here

EMPLOYMENT AND TRAINING ADMINISTRATION

USDL 10-96-NAT

Program Contact:	TRANSMISSION OF MATERIAL IN THIS
Scott Gibbons (202) 693-3008	RELEASE IS EMBARGOED UNTIL
Tony Sznoluch (202) 693-3176	8:30 A.M. (EST), THURSDAY
Media Contact :	January 28, 2010
(202) 693-4676

UNEMPLOYMENT INSURANCE WEEKLY CLAIMS REPORT
          SEASONALLY ADJUSTED DATA

In the week ending Jan. 23, the advance figure for seasonally adjusted initial claims was 470,000, a decrease of 8,000 from the previous week's revised figure of 478,000. The 4-week moving average was 456,250, an increase of 9,500 from the previous week's revised average of 446,750.
The advance seasonally adjusted insured unemployment rate was 3.5 percent for the week ending Jan. 16, a decrease of 0.1 percentage point from the prior week's revised rate of 3.6 percent.
The advance number for seasonally adjusted insured unemployment during the week ending Jan. 16 was 4,602,000, a decrease of 57,000 from the preceding week's revised level of 4,659,000. The 4-week moving average was 4,669,250, a decrease of 94,250 from the preceding week's revised average of 4,763,500.
The fiscal year-to-date average for seasonally adjusted insured unemployment for all programs is 5.404 million.  

UNADJUSTED DATA

The advance number of actual initial claims under state programs, unadjusted, totaled 500,392 in the week ending Jan. 23, a decrease of 145,417 from the previous week. There were 620,143 initial claims in the comparable week in 2009.
The advance unadjusted insured unemployment rate was 4.3 percent during the week ending Jan. 16, a decrease of 0.2 percentage point from the prior week. The advance unadjusted number for persons claiming UI benefits in state programs totaled 5,605,729, a decrease of 185,351 from the preceding week. A year earlier, the rate was 4.3 percent and the volume was 5,715,432.

Extended benefits were available in Alabama, Alaska, Arizona, California, Colorado, Connecticut, Delaware, the District of Columbia, Georgia, Idaho, Illinois, Indiana, Kansas, Kentucky, Maine, Massachusetts, Michigan, Minnesota, Nevada, New Hampshire, New Jersey, New Mexico, 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 Jan. 9.
Initial claims for UI benefits by former Federal civilian employees totaled 1,950 in the week ending Jan. 16, a decrease of 505 from the prior week. There were 2,412 initial claims by newly discharged veterans, a decrease of 73 from the preceding week.
There were 26,226 former Federal civilian employees claiming UI benefits for the week ending Jan. 9, a decrease of 1,548 from the previous week. Newly discharged veterans claiming benefits totaled 37,836, an increase of 978 from the prior week.
States reported 5,350,477 persons claiming EUC (Emergency Unemployment Compensation) benefits for the week ending Jan. 9, a decrease of 304,067 from the prior week. There were 1,766,009 claimants in the comparable week in 2009. EUC weekly claims include first, second, third, and fourth tier activity.
The highest insured unemployment rates in the week ending Jan. 9 were in Alaska (7.4 percent), Oregon (6.8), Wisconsin (6.6), Idaho (6.4), Michigan (6.4), Montana (6.0), Pennsylvania (6.0), Nevada (5.7), Connecticut (5.5), North Carolina (5.5), and Washington (5.5).
The largest increases in initial claims for the week ending Jan. 16 were in California (+43,748), Florida (+2,345), West Virginia (+1,460), Iowa (+937), and Puerto Rico (+415), while the largest decreases were in Pennsylvania (-25,819), New York (-22,173), North Carolina (-17,265), Wisconsin (-13,614), and Georgia (-12,452).

---

UNEMPLOYMENT INSURANCE DATA FOR REGULAR STATE PROGRAMS

---

	Advance				Prior1
WEEK ENDING	Jan. 23	Jan. 16	Change	Jan. 9	Year

---

Initial Claims (SA)	470,000	478,000	-8,000	444,000	590,000
Initial Claims (NSA)	500,392	645,809	-145,417	802,573	620,143
4-Wk Moving Average (SA)	456,250	446,750	+9,500	440,750	547,000

	Advance				Prior1
WEEK ENDING	Jan. 16	Jan. 9	Change	Jan. 2	Year

---

Ins. Unemployment (SA)	4,602,000	4,659,000	-57,000	4,609,000	4,673,000
Ins. Unemployment (NSA)	5,605,729	5,791,080	-185,351	6,004,895	5,715,432
4-Wk Moving Average (SA)	4,669,250	4,763,500	-94,250	4,858,250	4,566,250

---

Ins. Unemployment Rate (SA)2	3.5%	3.6%	-0.1	3.5%	3.5%
Ins. Unemployment Rate (NSA)2	4.3%	4.5%	-0.2	4.6%	4.3%

---

INITIAL CLAIMS FILED IN FEDERAL PROGRAMS (UNADJUSTED)

---

				Prior1
WEEK ENDING	Jan. 16	Jan. 9	Change	Year

---

Federal Employees	1,950	2,455	-505	1,838
Newly Discharged Veterans	2,412	2,485	-73	2,221

---

PERSONS CLAIMING UI BENEFITS IN FEDERAL PROGRAMS (UNADJUSTED)

---

				Prior1
WEEK ENDING	Jan. 9	Jan. 2	Change	Year

---

Federal Employees	26,226	27,774	-1,548	20,255
Newly Discharged Veterans	37,836	36,858	+978	27,261
Railroad Retirement Board	12,000	12,000	0	8,000
Extended Benefits	261,962	263,016	-1,054	12,472
EUC 20083	5,350,477	5,654,544	-304,067	1,766,009

---

FOOTNOTES
SA - Seasonally Adjusted Data
NSA - Not Seasonally Adjusted Data
¹ - Prior year is comparable to most recent data.
² - Most recent week used covered employment of 130,128,328 as denominator.
³ - EUC weekly claims include first, second, third, and fourth tier activity.

UNADJUSTED INITIAL CLAIMS FOR WEEK ENDED 01/16/2010

---

STATES WITH A DECREASE OF MORE THAN 1,000 

---

State	Change		State Supplied Comment
PA	-25,819		Fewer layoffs in the construction, service, and transportation industries.
NY	-22,173		Fewer layoffs in the construction, service , and transportation industries.
NC	-17,265		Fewer layoffs in the service, textile, furniture, primary metals, fabricated metals, rubber/plastics, lumber/wood, electrical equipment, and electronic equipment industries.
WI	-13,614		Fewer layoffs in the construction, trade, service, and manufacturing industries.
GA	-12,452		Fewer layoffs in the trade, service, and manufacturing industries.
SC	-8,660		Fewer layoffs in the manufacturing industry.
NJ	-8,567		Fewer layoffs in the construction, trade, service, transportation, warehousing, and manufacturing industries.
TX	-8,054		Fewer layoffs in the trade, service, and manufacturing industries.
OH	-6,969		No comment.
IL	-6,465		Fewer layoffs in the trade and service industries.
VA	-6,373		Fewer layoffs in the automobile industry.
MO	-5,749		Fewer layoffs in the construction and manufacturing industries.
KY	-5,023		Fewer layoffs in the manufacturing industry.
AL	-4,749		Fewer layoffs in the manufacturing industry.
MN	-4,733		No comment.
TN	-4,564		Fewer layoffs in the service and manufacturing industries.
KS	-4,496		No comment.
MI	-4,381		No comment.
IN	-3,683		Fewer layoffs in the trade industry.
OR	-3,378		No comment.
CT	-3,242		No comment.
MA	-3,229		No comment.
WA	-2,928		No comment.
MD	-2,403		No comment.
AR	-2,148		No comment.
State	Change		State Supplied Comment
LA	-1,538		No comment.
CO	-1,454		No comment.
MS	-1,296		No comment.
ND	-1,163		No comment.
NE	-1,025		No comment.

---

STATES WITH AN INCREASE OF MORE THAN 1,000 

---

State	Change		State Supplied Comment
WV	+1,460		Layoffs in the service and information industries.
FL	+2,345		Layoffs in the construction, trade, and service industries, and agriculture.
CA	+43,748		State clearing claims backlog.

State Detail Prior Week
UI Claims Series 1967 to current

---

By my calculations, looking at the EUC numbers 304,067 have dropped off. Appears to me that is the amount of people who have completely ran out of all types of unemployment insurance.  Not good.