Thursday, February 4, 2010

Jobless claims - released 8:30 am

Full report here

EMPLOYMENT AND TRAINING ADMINISTRATION USDL 10-138-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 : February 4, 2010
(202) 693-4676
UNEMPLOYMENT INSURANCE WEEKLY CLAIMS REPORT
          SEASONALLY ADJUSTED DATA

In the week ending Jan. 30, the advance figure for seasonally adjusted initial claims was 480,000, an increase of 8,000 from the previous week's revised figure of 472,000. The 4-week moving average was 468,750, an increase of 11,750 from the previous week's revised average of 457,000.
The advance seasonally adjusted insured unemployment rate was 3.5 percent for the week ending Jan. 23, unchanged from the prior week's unrevised rate of 3.5 percent.
The advance number for seasonally adjusted insured unemployment during the week ending Jan. 23 was 4,602,000, an increase of 2,000 from the preceding week's revised level of 4,600,000. The 4-week moving average was 4,617,500, a decrease of 51,250 from the preceding week's revised average of 4,668,750.
The fiscal year-to-date average for seasonally adjusted insured unemployment for all programs is 5.362 million.  
UNADJUSTED DATA
The advance number of actual initial claims under state programs, unadjusted, totaled 530,405 in the week ending Jan. 30, an increase of 28,234 from the previous week. There were 682,176 initial claims in the comparable week in 2009.
The advance unadjusted insured unemployment rate was 4.4 percent during the week ending Jan. 23, an increase of 0.1 percentage point from the prior week. The advance unadjusted number for persons claiming UI benefits in state programs totaled 5,665,141, an increase of 62,784 from the preceding week. A year earlier, the rate was 4.3 percent and the volume was 5,806,901.

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. 16.
Initial claims for UI benefits by former Federal civilian employees totaled 1,451 in the week ending Jan. 23, a decrease of 499 from the prior week. There were 1,858 initial claims by newly discharged veterans, a decrease of 554 from the preceding week.
There were 26,167 former Federal civilian employees claiming UI benefits for the week ending Jan. 16, a decrease of 59 from the previous week. Newly discharged veterans claiming benefits totaled 35,777, a decrease of 2,059 from the prior week.
States reported 5,632,219 persons claiming EUC (Emergency Unemployment Compensation) benefits for the week ending Jan. 16, an increase of 281,442 from the prior week. There were 1,839,758 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. 16 were in Alaska (7.3 percent), Oregon (6.6), Pennsylvania (6.5), Idaho (6.4), Wisconsin (6.3), Montana (6.2), Michigan (6.0), Nevada (5.7), Connecticut (5.3), North Carolina (5.3), and Washington (5.3).
The largest increases in initial claims for the week ending Jan. 23 were in Oregon (+4,336), Puerto Rico (+2,439), and Hawaii (+18), while the largest decreases were in California (-22,674), Michigan
(-11,757), North Carolina (-9,546), Georgia (-7,588), and Missouri (-7,577).


UNEMPLOYMENT INSURANCE DATA FOR REGULAR STATE PROGRAMS


Advance Prior1
WEEK ENDING Jan. 30 Jan. 23 Change Jan. 16 Year

Initial Claims (SA) 480,000 472,000 +8,000 479,000 624,000
Initial Claims (NSA) 530,405 502,171 +28,234 646,259 682,176
4-Wk Moving Average (SA) 468,750 457,000 +11,750 447,000 581,000
Advance Prior1
WEEK ENDING Jan. 23 Jan. 16 Change Jan. 9 Year

Ins. Unemployment (SA) 4,602,000 4,600,000 +2,000 4,659,000 4,748,000
Ins. Unemployment (NSA) 5,665,141 5,602,357 +62,784 5,791,080 5,806,901
4-Wk Moving Average (SA) 4,617,500 4,668,750 -51,250 4,763,500 4,621,000

Ins. Unemployment Rate (SA)2 3.5% 3.5% 0.0 3.6% 3.5%
Ins. Unemployment Rate (NSA)2
4.4% 4.3% +0.1 4.5% 4.3%


INITIAL CLAIMS FILED IN FEDERAL PROGRAMS (UNADJUSTED)


Prior1
WEEK ENDING
Jan. 23
Jan. 16
Change
Year

Federal Employees 1,451 1,950 -499 1,586
Newly Discharged Veterans 1,858 2,412 -554 2,711


PERSONS CLAIMING UI BENEFITS IN FEDERAL PROGRAMS (UNADJUSTED)


Prior1
WEEK ENDING
Jan. 16
Jan. 9
Change
Year

Federal Employees 26,167 26,226 -59 20,896
Newly Discharged Veterans 35,777 37,836 -2,059 26,760
Railroad Retirement Board 12,000 12,000 0 9,000
Extended Benefits 222,833 261,962 -39,129 14,058
EUC 20083 5,632,219 5,350,777 +281,442 1,839,758

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 01/23/2010

STATES WITH A DECREASE OF MORE THAN 1,000 

State Change State Supplied Comment
CA -22,674 Decrease due to a shorter workweek.
MI -11,757 Fewer layoffs were reported throughout all industries.
NC -9,546 Fewer layoffs in the stone/clay/glass, construction, service, furniture, and mining industries.
GA -7,588 Fewer layoffs in the construction, trade, service, and manufacturing industries.
MO -7,577 Fewer layoffs in the construction and manufacturing industries.
TN -6,892 Fewer layoffs in the service and manufacturing industries.
NY -6,744 Fewer layoffs in the construction, service, and manufacturing industries.
AL -5,892 Fewer layoffs in the construction and manufacturing industries.
FL -5,523 Fewer layoffs in the construction, trade, service, and manufacturing industries.
OH -5,026 No comment.
IL -4,835 Fewer layoffs in the construction, trade, and manufacturing industries.
PA -4,815 Fewer layoffs in the construction, service, and manufacturing industries.
TX -4,436 Fewer layoffs in the trade, service, and manufacturing industries.
CT -3,548 No comment.
IA -3,442 No comment.
IN -3,349 Fewer layoffs in the trade industry.
MA -3,236 No comment.
WA -2,650 No comment.
MD -2,492 No comment.
SC -2,421 Fewer layoffs in the manufacturing industry.
WV -2,358 No comment.
WI -2,189 Fewer layoffs in the construction, trade, and manufacturing industries.
AR -1,898 No comment.
MN -1,458 No comment.
NV -1,409 No comment.
CO -1,392 No comment.
KS -1,329 No comment.
AZ -1,228 No comment.
ID -1,192 No comment.
ME -1,132 Decrease due to a shorter workweek, as well as fewer layoffs in the construction, trade, service, and manufacturing industries.
LA -1,129 No comment.

STATES WITH AN INCREASE OF MORE THAN 1,000 

State Change State Supplied Comment
PR +2,439 No comment.
OR +4,336 No comment.
State Detail Prior Week
UI Claims Series 1967 to current

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What will the landscape look like tomorrow when the small business birth/death numbers come out? Not good I'm thinking.

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