Unemployment Insurance Weekly Claims Report for Week Ending March 10, 2012

Washington, DC–(ENEWSPF)–March 15, 2012. 

SEASONALLY ADJUSTED DATA

In the week ending March 10, the advance figure for seasonally adjusted initial claims was 351,000, a decrease of 14,000 from the previous week’s revised figure of 365,000. The 4-week moving average was 355,750, unchanged from the previous week’s revised average of 355,750.

The advance seasonally adjusted insured unemployment rate was 2.6 percent for the week ending March 3, a decrease of 0.1 percentage point from the prior week’s unrevised rate of 2.7 percent.

The advance number for seasonally adjusted insured unemployment during the week ending Mach 3, was 3,343,000, a decrease of 81,000 from the preceding week’s revised level of 3,424,000. The 4-week moving average was 3,394,250, a decrease of 25,250 from the preceding week’s revised average of 3,419,500.

UNADJUSTED DATA

The advance number of actual initial claims under state programs, unadjusted, totaled 337,713 in the week ending March 10, a decrease of 30,719 from the previous week. There were 371,721 initial claims in the comparable week in 2011.

The advance unadjusted insured unemployment rate was 3.0 percent during the week ending March 3, a decrease of 0.2 percentage point from the prior week’s revised rate of 3.2 percent. The advance unadjusted number for persons claiming UI benefits in state programs totaled 3,841,622, a decrease of 147,268 from the preceding week. A year earlier, the rate was 3.4 percent and the volume was 4,296,805.

The total number of people claiming benefits in all programs for the week ending February 25 was 7,424,040, an increase of 36,392 from the previous week.

Extended benefits were available in Alabama, Alaska, California, Colorado, Connecticut, Delaware, the District of Columbia, Florida, Georgia, Idaho, Illinois, Indiana, Kansas, Kentucky, Maryland, Massachusetts, Missouri, Nevada, New Jersey, New York, North Carolina, Ohio, Oregon, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Washington, West Virginia, and Wisconsin during the week ending February 25.

Initial claims for UI benefits by former Federal civilian employees totaled 1,302 in the week ending March 3, an increase of 166 from the prior week. There were 2,713 initial claims by newly discharged veterans, an increase of 427 from the preceding week.

There were 27,457 former Federal civilian employees claiming UI benefits for the week ending February 25, an increase of 307 from the previous week. Newly discharged veterans claiming benefits totaled 42,049, an increase of 455 from the prior week.

States reported 2,875,795 persons claiming EUC (Emergency Unemployment Compensation) benefits for the week ending February 25, a decrease of 53,415 from the prior week. There were 3,541,942 claimants in the comparable week in 2011. EUC weekly claims include first, second, third, and fourth tier activity.

The highest insured unemployment rates in the week ending February 25 were in Alaska (6.2), Rhode Island (5.0), Pennsylvania (4.8), Montana (4.6), Idaho (4.4), New Jersey (4.4), Oregon (4.4), Wisconsin (4.4), Connecticut (4.3), and Puerto Rico (4.3).

The largest increases in initial claims for the week ending March 3 were in New York (+16,478), California (+4,320), Pennsylvania (+2,859), Texas (+2,116), and Virginia (+1,554), while the largest decreases were in Massachusetts (-2,974), Rhode Island (-1,071), New Jersey (-1,034), Puerto Rico (-562), and Kentucky (-284). 

Source: dol.gov