Analysis

Unemployment Insurance Weekly Claims Report for Week Ending August 27, 2016


Washington, DC–(ENEWSPF)–September 1, 2016

SEASONALLY ADJUSTED DATA

In the week ending August 27, the advance figure for seasonally adjusted initial claims was 263,000, an increase of 2,000 from the previous week’s unrevised level of 261,000. The 4-week moving average was 263,000, a decrease of 1,000 from the previous week’s unrevised average of 264,000.

There were no special factors impacting this week’s initial claims. This marks 78 consecutive weeks of initial claims below 300,000, the longest streak since 1970.

The advance seasonally adjusted insured unemployment rate was 1.6 percent for the week ending August 20, unchanged from the previous week’s unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending August 20 was 2,159,000, an increase of 14,000 from the previous week’s unrevised level of 2,145,000. The 4-week moving average was 2,159,750, an increase of 4,500 from the previous week’s unrevised average of 2,155,250.

UNADJUSTED DATA

The advance number of actual initial claims under state programs, unadjusted, totaled 215,483 in the week ending August 27, a decrease of 1,531 (or -0.7 percent) from the previous week. The seasonal factors had expected a decrease of 3,134 (or -1.4 percent) from the previous week. There were 230,079 initial claims in the comparable week in 2015.

The advance unadjusted insured unemployment rate was 1.5 percent during the week ending August 20, unchanged from the prior week. The advance unadjusted number for persons claiming UI benefits in state programs totaled 2,022,522, a decrease of 39,202 (or -1.9 percent) from the preceding week. The seasonal factors had expected a decrease of 51,489 (or -2.5 percent) from the previous week. A year earlier the rate was 1.6 percent and the volume was 2,108,101.

The total number of people claiming benefits in all programs for the week ending August 13 was 2,100,582, a decrease of 22,536 from the previous week. There were 2,210,203 persons claiming benefits in all programs in the comparable week in 2015.

No state was triggered “on” the Extended Benefits program during the week ending August 13.

Initial claims for UI benefits filed by former Federal civilian employees totaled 850 in the week ending August 20, a decrease of 30 from the prior week. There were 1,131 initial claims filed by newly discharged veterans, an increase of 68 from the preceding week.

There were 8,247 former Federal civilian employees claiming UI benefits for the week ending August 13, a decrease of 166 from the previous week. Newly discharged veterans claiming benefits totaled 13,368, an increase of 73 from the prior week.

The highest insured unemployment rates in the week ending August 13 were in Puerto Rico (3.0), New Jersey (2.8), Connecticut (2.7), Alaska (2.6), Pennsylvania (2.5), California (2.2), Rhode Island (2.1), West Virginia (2.1), Massachusetts (2.0), Illinois (1.9), and Wyoming (1.9).

The largest increases in initial claims for the week ending August 20 were in Michigan (+2,652), Louisiana (+2,280), North Dakota (+493), Puerto Rico (+352), and Pennsylvania (+325), while the largest decreases were in California (-2,962), Virginia (-1,168), Oregon (-985), Maryland (-675), and Oklahoma (-544).

 

Source: http://dol.gov

 

 


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