Unemployment Insurance Weekly Claims Report for Week Ending Nov. 22, 2014

Washington, DC–(ENEWSPF)–November 26, 2014.

SEASONALLY ADJUSTED DATA

In the week ending November 22, the advance figure for seasonally adjusted initial claims was 313,000, an increase of 21,000 from the previous week’s revised level. The previous week’s level was revised up by 1,000 from 291,000 to 292,000. The 4-week moving average was 294,000, an increase of 6,250 from the previous week’s revised average. The previous week’s average was revised up by 250 from 287,500 to 287,750.

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

The advance seasonally adjusted insured unemployment rate was 1.7 percent for the week ending November 15, 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 November 15 was 2,316,000, a decrease of 17,000 from the previous week’s revised level. This is the lowest level for insured unemployment since December 9, 2000 when it was 2,263,000.

The previous week’s level was revised up 3,000 from 2,330,000 to 2,333,000. The 4-week moving average was 2,352,000, a decrease of 17,750 from the previous week’s revised average. This is the lowest level for this average since January 6, 2001 when it was 2,349,250. The previous week’s average was revised up by 750 from 2,369,000 to 2,369,750.

UNADJUSTED DATA

The advance number of actual initial claims under state programs, unadjusted, totaled 355,887 in the week ending November 22, an increase of 69,772 (or 24.4 percent) from the previous week. The seasonal factors had expected an increase of 46,468 (or 16.2 percent) from the previous week. There were 369,197 initial claims in the comparable week in 2013.

The advance unadjusted insured unemployment rate was 1.6 percent during the week ending November 15, unchanged from the prior week. The advance unadjusted number for persons claiming UI benefits in state programs totaled 2,186,591, an increase of 119,254 (or 5.8 percent) from the preceding week. The seasonal factors had expected an increase of 135,334 (or 6.5 percent) from the previous week. A year earlier the rate was 2.1 percent and the volume was 2,689,171. The total number of people claiming benefits in all programs for the week ending November 8 was 2,120,705, a decrease of 62,887 from the previous week. There were 3,930,715 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 8.

Initial claims for UI benefits filed by former Federal civilian employees totaled 1,415 in the week ending November 15, a decrease of 254 from the prior week. There were 1,473 initial claims filed by newly discharged veterans, a decrease of 460 from the preceding week.

There were 15,580 former Federal civilian employees claiming UI benefits for the week ending November 8, a decrease of 893 from the previous week. Newly discharged veterans claiming benefits totaled 25,138, a decrease of 9,421 from the prior week.

The highest insured unemployment rates in the week ending November 8 were in Alaska (3.6), Puerto Rico (3.2), New Jersey (2.8), California (2.3), Connecticut (2.3), Nevada (2.3), the Virgin Islands (2.3), Pennsylvania (2.2), Massachusetts (2.1), and Oregon (2.0).

The largest increases in initial claims for the week ending November 15 were in Minnesota (+2,904), Montana (+1,614), Wisconsin (+1,214), New York (+1,192), and Colorado (+1,131), while the largest decreases were in California (-17,588), New Jersey (-2,849), Pennsylvania (-1,645), Oregon (-1,357), and Massachusetts (-1,284).

Source: dol.gov

2,369,750.