Thursday, September 13, 2012

UNEMPLOYMENT INSURANCE WEEKLY CLAIMS REPORT

Special Factor: Several states have reported increases in initial claims (approximately 9,000 in total) for the week ending September 8, 2012 , as a result of Tropical Storm Issac.

          SEASONALLY ADJUSTED DATA

In the week ending September 8, the advance figure for seasonally adjusted initial claims was 382,000, an increase of 15,000 from the previous week's revised figure of 367,000. The 4-week moving average was 375,000, an increase of 3,250 from the previous week's revised average of 371,750.
The advance seasonally adjusted insured unemployment rate was 2.6 percent for the week ending September 1, unchanged from the prior week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending September 1 was 3,283,000, a decrease of 49,000 from the preceding week's revised level of 3,332,000. The 4-week moving average was 3,316,500, a decrease of 7,500 from the preceding week's revised average of 3,324,000.
UNADJUSTED DATA
The advance number of actual initial claims under state programs, unadjusted, totaled 297,402 in the week ending September 8, a decrease of 12,058 from the previous week. There were 328,868 initial claims in the comparable week in 2011.
The advance unadjusted insured unemployment rate was 2.3 percent during the week ending September 1, a decrease of 0.1 percentage point from the prior week's unrevised rate. The advance unadjusted number for persons claiming UI benefits in state programs totaled 2,912,245, a decrease of 173,235 from the preceding week. A year earlier, the rate was 2.6 percent and the volume was 3,293,105.
The total number of people claiming benefits in all programs for the week ending August 25 was 5,391,576, a decrease of 78,465 from the previous week. There were 7,143,572 persons claiming benefits in all programs in the comparable week in 2011
Extended Benefits were not available in any states during the week ending August 25.

Read more: http://www.dol.gov/opa/media/press/eta/ui/current.htm

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