Unemployment Insurance Weekly Claims Report for Week Ending Oct. 31, 2015

Washington, DC—(ENEWSPF)—November 5, 2015

SEASONALLY ADJUSTED DATA

In the week ending October 31, the advance figure for seasonally adjusted initial claims was 276,000, an increase of 16,000 from the previous week’s unrevised level of 260,000. The 4-week moving average was 262,750, an increase of 3,500 from the previous week’s unrevised average of 259,250.

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 24, unchanged from the previous week’s unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending October 24 was 2,163,000, an increase of 17,000 from the previous week’s revised level. The previous week’s level was revised up 2,000 from 2,144,000 to 2,146,000. The 4-week moving average was 2,161,500, a decrease of 11,500 from the previous week’s revised average. This is the lowest level for this average since November 11, 2000 when it was 2,119,750. The previous week’s average was revised down by 1,750 from 2,174,750 to 2,173,000.

UNADJUSTED DATA

The advance number of actual initial claims under state programs, unadjusted, totaled 258,663 in the week ending October 31, an increase of 13,303 (or 5.4 percent) from the previous week. The seasonal factors had expected a decrease of 2,079 (or -0.8 percent) from the previous week. There were 266,921 initial claims in the comparable week in 2014. The advance unadjusted insured unemployment rate was 1.4 percent during the week ending October 24, unchanged from the prior week. The advance unadjusted number for persons claiming UI benefits in state programs totaled 1,869,182, an increase of 8,719 (or 0.5 percent) from the preceding week. The seasonal factors had expected a decrease of 6,438 (or -0.3 percent) from the previous week. A year earlier the rate was 1.5 percent and the volume was 2,045,437. The total number of people claiming benefits in all programs for the week ending October 17 was 1,912,269, an increase of 39,112 from the previous week. There were 2,138,585 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 17.

Initial claims for UI benefits filed by former Federal civilian employees totaled 1,290 in the week ending October 24, an increase of 78 from the prior week. There were 1,309 initial claims filed by newly discharged veterans, a decrease of 9 from the preceding week. There were 14,433 former Federal civilian employees claiming UI benefits for the week ending October 17, an increase of 1,364 from the previous week. Newly discharged veterans claiming benefits totaled 17,483, an increase of 2,522 from the prior week.

The highest insured unemployment rates in the week ending October 17 were in Puerto Rico (3.2), the Virgin Islands (3.2), Alaska (3.0), New Jersey (2.3), California (2.1), Connecticut (2.0), Nevada (2.0), Pennsylvania (2.0), West Virginia (1.9), and Illinois (1.7).

The largest increases in initial claims for the week ending October 24 were in California (+2,269), New York (+1,853), Pennsylvania (+1,351), New Jersey (+1,323), and Illinois (+1,243), while the largest decreases were in Michigan (-2,600), South Carolina (-1,181), Kentucky (-214), Missouri (-104), and Delaware (-88).

Source: www.dol.gov