Unemployment Insurance Weekly Claims Report for Week Ending Oct. 17, 2015

Washington, DC—(ENEWSPF)—October 22, 2015

SEASONALLY ADJUSTED DATA

In the week ending October 17, the advance figure for seasonally adjusted initial claims was 259,000, an increase of 3,000 from the previous week’s revised level. The previous week’s level was revised up by 1,000 from 255,000 to 256,000. The 4-week moving average was 263,250, a decrease of 2,000 from the previous week’s revised average. This is the lowest level for this average since December 15, 1973 when it was 256,750. The previous week’s average was revised up by 250 from 265,000 to 265,250.

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 October 10, unchanged from the previous week’s unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending October 10 was 2,170,000, an increase of 6,000 from the previous week’s revised level. The previous week’s level was revised up 6,000 from 2,158,000 to 2,164,000. The 4-week moving average was 2,184,500, a decrease of 18,500 from the previous week’s revised average. This is the lowest level for this average since November 18, 2000 when it was 2,169,000. The previous week’s average was revised up by 1,750 from 2,201,250 to 2,203,000.

UNADJUSTED DATA

The advance number of actual initial claims under state programs, unadjusted, totaled 232,883 in the week ending October 17, a decrease of 23,567 (or -9.2 percent) from the previous week. The seasonal factors had expected a decrease of 26,362 (or -10.3 percent) from the previous week. There were 256,166 initial claims in the comparable week in 2014.

The advance unadjusted insured unemployment rate was 1.3 percent during the week ending October 10, unchanged from the prior week. The advance unadjusted number for persons claiming UI benefits in state programs totaled 1,825,351, an increase of 9,597 (or 0.5 percent) from the preceding week. The seasonal factors had expected an increase of 4,328 (or 0.2 percent) from the previous week. A year earlier the rate was 1.5 percent and the volume was 2,006,710.

The total number of people claiming benefits in all programs for the week ending October 3 was 1,861,554, a decrease of 54,986 from the previous week. There were 2,073,497 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 October 3.

Initial claims for UI benefits filed by former Federal civilian employees totaled 2,227 in the week ending October 10, an increase of 191 from the prior week. There were 1,597 initial claims filed by newly discharged veterans, an increase of 113 from the preceding week.

There were 11,961 former Federal civilian employees claiming UI benefits for the week ending October 3, an increase of 849 from the previous week. Newly discharged veterans claiming benefits totaled 17,024, a decrease of 682 from the prior week.

The highest insured unemployment rates in the week ending October 3 were in Puerto Rico (3.2), the Virgin Islands (3.0), Alaska (2.4), New Jersey (2.2), California (2.0), Connecticut (2.0), Nevada (2.0), Pennsylvania (2.0), West Virginia (1.9), Illinois (1.7), and Massachusetts (1.7).

The largest increases in initial claims for the week ending October 10 were in Texas (+2,627), New York (+2,269), Pennsylvania (+2,136), California (+1,767), and Georgia (+1,685), while the largest decreases were in Nebraska (-290), Ohio (-277), Kentucky (-101), Maine (-49), and New Jersey (-12).

Source: www.dol.gov