Washington, DC—(ENEWSPF)—November 20, 2014.
SEASONALLY ADJUSTED DATA
In the week ending November 15, the advance figure for seasonally adjusted initial claims was 291,000, a decrease of 2,000 from the previous week’s revised level. The previous week’s level was revised up by 3,000 from 290,000 to 293,000. The 4-week moving average was 287,500, an increase of 1,750 from the previous week’s revised average. The previous week’s average was revised up by 750 from 285,000 to 285,750.
There were no special factors impacting this week’s initial claims.
The advance seasonally adjusted insured unemployment rate was 1.8 percent for the week ending November 8, unchanged from the previous week’s unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending November 8 was 2,330,000, a decrease of 73,000 from the previous week’s revised level. This is the lowest level for insured unemployment since December 16, 2000 when it was 2,322,000. The previous week’s level was revised up 11,000 from 2,392,000 to 2,403,000. The 4-week moving average was 2,369,000, a decrease of 6,250 from the previous week’s revised average. This is the lowest level for this average since January 13, 2001 when it was 2,360,500. The previous week’s average was revised up by 2,750 from 2,372,500 to 2,375,250.
UNADJUSTED DATA
The advance number of actual initial claims under state programs, unadjusted, totaled 285,263 in the week ending November 15, a decrease of 24,075 (or -7.8 percent) from the previous week. The seasonal factors had expected a decrease of 22,827 (or -7.4 per cent) from the previous week. There were 327,053 initial claims in the comparable week in 2013. The advance unadjusted insured unemployment rate was 1.6 percent during the week ending November 8, unchanged from the prior week. The advance unadjusted number for persons claiming UI benefits in state programs totaled 2,064,638, a decrease of 52,002 (or -2.5 percent) from the preceding week. The seasonal factors had expected an increase of 12,013 (or 0.6 percent) from the previous week. A year earlier the rate was 2.0 percent and the volume was 2,556,519. The total number of people claiming benefits in all programs for the week ending November 1 was 2,183,590, an increase of 81,659 from the previous week. There were 3,882,383 persons claiming benefits in all programs in the comparable week in 2013.
No state was triggered “on” the Extended Benefits program during the week ending November 1.
Initial claims for UI benefits filed by former Federal civilian employees totaled 1,669 in the week ending November 8, an increase of 343 from the prior week. There were 1,933 initial claims filed by newly discharged veterans, an increase of 156 from the preceding week.
There were 16,473 former Federal civilian employees claiming UI benefits for the week ending November 1, an increase of 789 from the previous week. Newly discharged veterans claiming benefits totaled 34,559, an increase of 8,847 from the prior week.
The highest insured unemployment rates in the week ending November 1 were in Alaska (3.6), Puerto Rico (3.4), New Jersey (2.7), California (2.5), Connecticut (2.4), the Virgin Islands (2.3), Nevada (2.2), Pennsylvania (2.2), Massachusetts (2.1), and Oregon (2.0).
The largest increases in initial claims for the week ending November 8 were in California (+9,512), Pennsylvania (+2,697), Illinois (+2,624), New Jersey (+2,538), and Texas (+2,386), while the largest decreases were in Mississippi (-150), Rhode Island (-106), and Vermont (-89).
Source: dol.gov
