Unemployment Insurance Weekly Claims Report for Week Ending May 30, 2015

Washington, DC—(ENEWSPF)—June 4, 2015

SEASONALLY ADJUSTED DATA

In the week ending May 30, the advance figure for seasonally adjusted initial claims was 276,000, a decrease of 8,000 from the previous week’s revised level. The previous week’s level was revised up by 2,000 from 282,000 to 284,000. The 4-week moving average was 274,750, an increase of 2,750 from the previous week’s revised average. The previous week’s average was revised up by 500 from 271,500 to 272,000.

There were no special factors impacting this week’s initial claims.

The advance seasonally adjusted insured unemployment rate was 1.6 percent for the week ending May 23, a decrease of 0.1 percentage point from the previous week’s unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending May 23 was 2,196,000, a decrease of 30,000 from the previous week’s revised level. This is the lowest level for insured unemployment since November 11, 2000 when it was 2,161,000. The previous week’s level was revised up 4,000 from 2,222,000 to 2,226,000. The 4-week moving average was 2,214,250, a decrease of 8,250 from the previous week’s revised average. This is the lowest level for this average since November 25, 2000 when it was 2,211,250. The previous week’s average was revised up by 1,250 from 2,221,250 to 2,222,500.

UNADJUSTED DATA

The advance number of actual initial claims under state programs, unadjusted, totaled 230,055 in the week ending May 30, a decrease of 23,399 (or -9.2 percent) from the previous week. The seasonal factors had expected a decrease of 17,029 (or -6.7 percent) from the previous week. There were 264,133 initial claims in the comparable week in 2014.

The advance unadjusted insured unemployment rate was 1.5 percent during the week ending May 23, a decrease of 0.1 percentage point from the prior week. The advance unadjusted number for persons claiming UI benefits in state programs totaled 2,011,510, a decrease of 67,678 (or -3.3 percent) from the preceding week. The seasonal factors had expected a decrease of 40,070 (or -1.9 percent) from the previous week. A year earlier the rate was 1.8 percent and the volume was 2,394,378.

The total number of people claiming benefits in all programs for the week ending May 16 was 2,127,150, a decrease of 735 from the previous week. There were 2,513,378 persons claiming benefits in all programs in the comparable week in 2014.

No state was triggered “on” the Extended Benefits program during the week ending May 16.

Initial claims for UI benefits filed by former Federal civilian employees totaled 884 in the week ending May 23, an increase of 35 from the prior week. There were 1,278 initial claims filed by newly discharged veterans, a decrease of 25 from the preceding week.

There were 10,179 former Federal civilian employees claiming UI benefits for the week ending May 16, a decrease of 71 from the previous week. Newly discharged veterans claiming benefits totaled 19,411, an increase of 293 from the prior week.

The highest insured unemployment rates in the week ending May 16 were in Alaska (3.2), Puerto Rico 2.9), New Jersey (2.5), California (2.4), Connecticut (2.2), Nevada (2.2), Pennsylvania (2.2), Wyoming (2.1), Massachusetts (2.0), the Virgin Islands (2.0), and West Virginia (2.0).

The largest increases in initial claims for the week ending May 23 were in Kansas (+2,716), Missouri (+1,713), Kentucky (+708), Minnesota (+704), and Mississippi (+661), while the largest decreases were in Washington (-507), Oregon (-376), Ohio (-365), Vermont (-320), and North Carolina (-261).

Source: dol.gov