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Jobless Claims - August 30, 2007

Jobless Claims At a Glance

  • Initial Claims: 334,000
  • Change from Last Week: Up 9,000
  • 4-Week Moving Average: 324,500
  • Insured Unemployment Rate: 2.0%
  • Insured Unemployment: 2,579,000

All numbers seasonally adjusted.

UNEMPLOYMENT INSURANCE WEEKLY CLAIMS REPORT

SEASONALLY ADJUSTED DATA

In the week ending Aug. 25, the advance figure for seasonally adjusted initial claims was 334,000, an increase of 9,000 from the previous week’s revised figure of 325,000. The 4-week moving average was 324,500, an increase of 6,250 from the previous week’s revised average of 318,250.

The advance seasonally adjusted insured unemployment rate was 2.0 percent for the week ending Aug. 18, an increase of 0.1 percentage point from the prior week’s unrevised rate of 1.9 percent.

The advance number for seasonally adjusted insured unemployment during the week ending Aug. 18 was 2,579,000, an increase of 13,000 from the preceding week’s revised level of 2,566,000. The 4-week moving average was 2,561,000, an increase of 11,250 from the preceding week’s revised average of 2,549,750.

UNADJUSTED DATA

The advance number of actual initial claims under state programs, unadjusted, totaled 264,038 in the week ending Aug. 25, an increase of 6,572 from the previous week. There were 251,275 initial claims in the comparable week in 2006.

The advance unadjusted insured unemployment rate was 1.8 percent during the week ending Aug. 18, unchanged from the prior week. The advance unadjusted number for persons claiming UI benefits in state programs totaled 2,375,170, a decrease of 39,533 from the preceding week. A year earlier, the rate was 1.7 percent and the volume was 2,268,911.

Extended benefits were not available in any state during the week ending Aug. 11.

Initial claims for UI benefits by former Federal civilian employees totaled 1,194 in the week ending Aug. 18, an increase of 1 from the prior week. There were 1,994 initial claims by newly discharged veterans, an increase of 108 from the preceding week.

There were 14,248 former Federal civilian employees claiming UI benefits for the week ending Aug. 11, a decrease of 93 from the previous week. Newly discharged veterans claiming benefits totaled 21,379, an increase of 146 from the prior week.

The highest insured unemployment rates in the week ending Aug. 11 were in Puerto Rico (3.8 percent), New Jersey (3.0), Pennsylvania (2.9), Rhode Island (2.8), Michigan (2.7), Alaska (2.5), Massachusetts (2.5), Arkansas (2.4), Connecticut (2.4), and California (2.3).

The largest increases in initial claims for the week ending Aug. 18 were in Michigan (+3,254), Florida (+1,304), North Carolina (+870), Virginia (+274), and Idaho (+237), while the largest decreases were in California (-3,983), Kentucky (-1,529), Puerto Rico (-1,443), Texas (-1,308), and Louisiana (-752).

UNEMPLOYMENT INSURANCE DATA FOR REGULAR STATE PROGRAMS



summary="table represents UNEMPLOYMENT INSURANCE DATA FOR REGULAR STATE PROGRAMS"
border=0>

 

Advance

 

 

 

Prior1

WEEK ENDING

Aug. 25

Aug. 18

Change

Aug. 11

Year



Initial Claims (SA)

width="12%">

334,000

width="12%">

325,000

width="12%">

+9,000

width="11%">

323,000

width="11%">

318,000

Initial Claims
(NSA)

width="12%">

264,038

width="12%">

257,466

width="12%">

+6,572

width="11%">

266,420

width="11%">

251,275

4-Wk Moving Average
(SA)

width="12%">

324,500

width="12%">

318,250

width="12%">

+6,250

width="11%">

312,750

width="11%">

317,500

 

Advance

 

 

 

Prior1

WEEK ENDING

Aug. 18

Aug. 11

Change

Aug. 4

Year



Ins. Unemployment
(SA)

width="12%">

2,579,000

width="12%">

2,566,000

width="12%">

+13,000

width="11%">

2,549,000

width="11%">

2,472,000

Ins. Unemployment
(NSA)

width="12%">

2,375,170

width="12%">

2,414,703

width="12%">

-39,533

width="11%">

2,409,122

width="11%">

2,268,911

4-Wk Moving Average
(SA)

width="12%">

2,561,000

width="12%">

2,549,750

width="12%">

+11,250

width="11%">

2,543,500

width="11%">

2,476,500



Ins. Unemployment
Rate (SA)2

headers="ins._unemployment_rate_sa weekending advance date11"
width="12%">

2.0%

width="12%">

1.9%

width="12%">

+0.1

width="11%">

1.9%

width="11%">

1.9%

Ins. Unemployment Rate
(NSA)
2

headers="ins._unemployment_rate_nsa weekending advance date11"
width="12%">

1.8%

width="12%">

1.8%

width="12%">

0.0

width="11%">

1.8%

width="11%">

1.7%


INITIAL CLAIMS FILED IN FEDERAL PROGRAMS (UNADJUSTED)



 

 

 

 

Prior1

WEEK ENDING

Aug. 18

Aug. 11

Change

Year



Federal Employees

1,194

1,193

+1

1,010

Newly Discharged Veterans

1,994

1,886

+108

1,984


PERSONS CLAIMING UI BENEFITS IN FEDERAL PROGRAMS
(UNADJUSTED)



 

 

 

 

Prior1

WEEK ENDING

Aug. 11

Aug. 4

Change

Year



Federal Employees

14,248

14,341

-93

15,279

Newly Discharged Veterans

21,379

21,233

+146

25,898

Railroad Retirement Board

2,000

2,000

0

2,000

Extended Benefits

0

0

0

30


FOOTNOTES
SA - Seasonally Adjusted Data
NSA -
Not Seasonally Adjusted Data

1 - Prior year is comparable
to most recent data.

2 - Most recent week used covered employment of 132,170,980 as denominator.

UNADJUSTED INITIAL CLAIMS FOR WEEK ENDED 08/18/2007 


STATES WITH A DECREASE OF MORE THAN 1,000 



State

Change

 

State Supplied Comment

CA

-3,983

 

Fewer layoffs in the transportation, communications, and
public utilities industries.

KY

-1,529

 

Fewer layoffs in the automobile industry.

PR

-1,443

 

No comment.

TX

-1,308

 

Fewer layoffs in the service, finance, and manufacturing
industries.


STATES WITH AN INCREASE OF MORE THAN 1,000 



State

Change

 

State Supplied Comment

FL

+1,304

 

Layoffs in the construction, trade, and service industries,
and agriculture.

MI

+3,254

 

Layoffs in the automobile industry.

Jobless Claims State Detail Previous Week

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