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Jobless Claims - November 1, 2007

Jobless Claims At a Glance

  • Initial Claims: 327,000
  • Change from Last Week: Down 6,000
  • Prior Week Revision: Up by 2,000
  • 4-Week Moving Average: 327,000
  • Insured Unemployment Rate: 1.9%
  • Insured Unemployment: 2,588,000

All numbers seasonally adjusted.

Technorati Tags: jobless, unemployment, claims

UNEMPLOYMENT INSURANCE WEEKLY CLAIMS REPORT

SEASONALLY ADJUSTED DATA

In the week ending Oct. 27, the advance figure for seasonally adjusted initial claims was 327,000, a decrease of 6,000 from the previous week’s revised figure of 333,000. The 4-week moving average was 327,000, an increase of 1,750 from the previous week’s revised average of 325,250.

The advance seasonally adjusted insured unemployment rate was 2.0 percent for the week ending Oct. 20, 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 Oct. 20 was 2,588,000, an increase of 65,000 from the preceding week’s revised level of 2,523,000. The 4-week moving average was 2,537,500, an increase of 13,000 from the preceding week’s revised average of 2,524,500.

UNADJUSTED DATA

The advance number of actual initial claims under state programs, unadjusted, totaled 301,317 in the week ending Oct. 27, a decrease of 6,305 from the previous week. There were 301,079 initial claims in the comparable week in 2006.

The advance unadjusted insured unemployment rate was 1.7 percent during the week ending Oct. 20, an increase of 0.1 percentage point from the prior week. The advance unadjusted number for persons claiming UI benefits in state programs totaled 2,246,741, an increase of 71,675 from the preceding week. A year earlier, the rate was 1.6 percent and the volume was 2,087,657.

Extended benefits were not available in any state during the week ending Oct. 13.

Initial claims for UI benefits by former Federal civilian employees totaled 1,492 in the week ending Oct. 20, an increase of 117 from the prior week. There were 1,814 initial claims by newly discharged veterans, a decrease of 27 from the preceding week.

There were 15,829 former Federal civilian employees claiming UI benefits for the week ending Oct. 13, an increase of 1,780 from the previous week. Newly discharged veterans claiming benefits totaled 22,953, an increase of 1,110 from the prior week.

The highest insured unemployment rates in the week ending Oct. 13 were in Puerto Rico (2.7 percent), Michigan (2.6), Alaska (2.5), New Jersey (2.4), Arkansas (2.3), Pennsylvania (2.3), California (2.2), Oregon (2.2), Rhode Island (2.2), and South Carolina (2.1).

The largest increases in initial claims for the week ending Oct. 20 were in California (+7,027), New York (+2,590), New Jersey (+973), Wisconsin (+953), and Indiana (+908), while the largest decreases were in Michigan (-4,992), Ohio (-1,747), Maryland (-1,184), Illinois (-984), and North Carolina (-966).

UNEMPLOYMENT INSURANCE DATA FOR REGULAR STATE PROGRAMS



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

 

Advance

 

 

 

Prior1

WEEK ENDING

Oct. 27

Oct. 20

Change

Oct. 13

Year



Initial Claims (SA)

width="12%">

327,000

width="12%">

333,000

width="12%">

-6,000

width="11%">

339,000

width="11%">

329,000

Initial Claims
(NSA)

width="12%">

301,317

width="12%">

307,622

width="12%">

-6,305

width="11%">

306,519

width="11%">

301,079

4-Wk Moving Average
(SA)

width="12%">

327,000

width="12%">

325,250

width="12%">

+1,750

width="11%">

317,000

width="11%">

314,000

 

Advance

 

 

 

Prior1

WEEK ENDING

Oct. 20

Oct. 13

Change

Oct. 6

Year



Ins. Unemployment
(SA)

width="12%">

2,588,000

width="12%">

2,523,000

width="12%">

+65,000

width="11%">

2,524,000

width="11%">

2,416,000

Ins. Unemployment
(NSA)

width="12%">

2,246,741

width="12%">

2,175,066

width="12%">

+71,675

width="11%">

2,097,457

width="11%">

2,087,657

4-Wk Moving Average
(SA)

width="12%">

2,537,500

width="12%">

2,524,500

width="12%">

+13,000

width="11%">

2,530,000

width="11%">

2,431,500



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%">

1.8%

Ins. Unemployment Rate
(NSA)
2

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

1.7%

width="12%">

1.6%

width="12%">

+0.1

width="11%">

1.6%

width="11%">

1.6%


INITIAL CLAIMS FILED IN FEDERAL PROGRAMS (UNADJUSTED)



 

 

 

 

Prior1

WEEK ENDING

Oct. 20

Oct. 13

Change

Year



Federal Employees

1,492

1,375

+117

1,491

Newly Discharged Veterans

1,814

1,841

-27

1,933


PERSONS CLAIMING UI BENEFITS IN FEDERAL PROGRAMS
(UNADJUSTED)



 

 

 

 

Prior1

WEEK ENDING

Oct. 13

Oct. 6

Change

Year



Federal Employees

15,829

14,049

+1,780

16,217

Newly Discharged Veterans

22,953

21,843

+1,110

25,257

Railroad Retirement Board

3,000

3,000

0

2,000

Extended Benefits

0

0

0

11


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 132,623,886 as denominator.

UNADJUSTED INITIAL CLAIMS FOR WEEK ENDED 10/20/2007 


STATES WITH A DECREASE OF MORE THAN 1,000 



State

Change

 

State Supplied Comment

MI

-4,992

 

Fewer layoffs in the automobile industry.

OH

-1,747

 

No comment.

MD

-1,184

 

No comment.


STATES WITH AN INCREASE OF MORE THAN 1,000 



State

Change

 

State Supplied Comment

NY

+2,590

 

Layoffs in the construction and manufacturing industries.

CA

+7,027

 

Layoffs in the construction industry, and agriculture, forestry,
and fishing.

Unemployment Claims State Detail Prior Week

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