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Jobless Claims - February 21, 2008

Jobless Claims At a Glance

  • Initial Claims: 349,000,
  • Change from Last Week: Down 9,000
  • Prior Week Revision: Up 10,000
  • 4-Week Moving Average: 360,500
  • Insured Unemployment Rate: 2.1%
  • Insured Unemployment: 2,784,000

All numbers seasonally adjusted.

Technorati Tags: jobless, unemployment, claims

UNEMPLOYMENT INSURANCE WEEKLY CLAIMS REPORT

SEASONALLY ADJUSTED DATA

In the week ending Feb.16, the advance figure for seasonally adjusted initial claims was 349,000, a decrease of 9,000 from the previous week’s revised figure of 358,000. The 4-week moving average was 360,500, an increase of 10,750 from the previous week’s revised average of 349,750.

The advance seasonally adjusted insured unemployment rate was 2.1 percent for the week ending Feb. 9, unchanged from the prior week’s unrevised rate of 2.1 percent.

The advance number for seasonally adjusted insured unemployment during the week ending Feb. 9 was 2,784,000, an increase of 48,000 from the preceding week’s revised level of 2,736,000. The 4-week moving average was 2,752,500, an increase of 28,750 from the preceding week’s revised average of 2,723,750.

UNADJUSTED DATA

The advance number of actual initial claims under state programs, unadjusted, totaled 320,488 in the week ending Feb. 16, a decrease of 56,851 from the previous week. There were 305,945 initial claims in the comparable week in 2007.

The advance unadjusted insured unemployment rate was 2.5 percent during the week ending Feb. 9, unchanged from the prior week. The advance unadjusted number for persons claiming UI benefits in state programs totaled 3,313,467, a decrease of 13,743 from the preceding week. A year earlier, the rate was 2.3 percent and the volume was 2,994,128.

Extended benefits were not available in any state during the week ending Feb. 2.

Initial claims for UI benefits by former Federal civilian employees totaled 1,102 in the week ending Feb. 9, an increase of 52 from the prior week. There were 1,572 initial claims by newly discharged veterans, a decrease of 13 from the preceding week.

There were 18,647 former Federal civilian employees claiming UI benefits for the week ending Feb. 2, an increase of 933 from the previous week. Newly discharged veterans claiming benefits totaled 23,387, a decrease of 621 from the prior week.

The highest insured unemployment rates in the week ending Feb. 2 were in Alaska (5.2 percent), Michigan (4.4), Rhode Island (4.1), Idaho (4.0), Pennsylvania (4.0), Oregon (3.8), Wisconsin (3.8), Montana (3.5), New Jersey (3.5), and Massachusetts (3.4).

The largest increases in initial claims for the week ending Feb. 9 were in California (+7,857), Kentucky (+4,166), Illinois (+1,955), Georgia (+1,009), and Massachusetts (+501), while the largest decreases were in Ohio (-2,752), Wisconsin (-2,232), North Carolina (-1,746), Pennsylvania (-1,608), and Florida (-1,410).

UNEMPLOYMENT INSURANCE DATA FOR REGULAR STATE PROGRAMS



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

 

Advance

 

 

 

Prior1

WEEK ENDING

Feb. 16

Feb. 9

Change

Feb. 2

Year



Initial Claims (SA)

width="12%">

349,000

width="12%">

358,000

width="12%">

-9,000

width="11%">

357,000

width="11%">

333,000

Initial Claims
(NSA)

width="12%">

320,488

width="12%">

377,339

width="12%">

-56,851

width="11%">

380,138

width="11%">

305,945

4-Wk Moving Average
(SA)

width="12%">

360,500

width="12%">

349,750

width="12%">

+10,750

width="11%">

335,250

width="11%">

330,000

 

Advance

 

 

 

Prior1

WEEK ENDING

Feb. 9

Feb. 2

Change

Jan. 26

Year



Ins. Unemployment
(SA)

width="12%">

2,784,000

width="12%">

2,736,000

width="12%">

+48,000

width="11%">

2,780,000

width="11%">

2,497,000

Ins. Unemployment
(NSA)

width="12%">

3,313,467

width="12%">

3,327,210

width="12%">

-13,743

width="11%">

3,344,395

width="11%">

2,994,128

4-Wk Moving Average
(SA)

width="12%">

2,752,500

width="12%">

2,723,750

width="12%">

+28,750

width="11%">

2,726,500

width="11%">

2,506,750



Ins. Unemployment
Rate (SA)2

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

2.1%

width="12%">

2.1%

width="12%">

0.0

width="11%">

2.1%

width="11%">

1.9%

Ins. Unemployment Rate
(NSA)
2

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

2.5%

width="12%">

2.5%

width="12%">

0.0

width="11%">

2.5%

width="11%">

2.3%


INITIAL CLAIMS FILED IN FEDERAL PROGRAMS (UNADJUSTED)



 

 

 

 

Prior1

WEEK ENDING

Feb. 9

Feb. 2

Change

Year



Federal Employees

1,102

1,050

+52

1,247

Newly Discharged Veterans

1,572

1,585

-13

1,821


PERSONS CLAIMING UI BENEFITS IN FEDERAL PROGRAMS
(UNADJUSTED)



 

 

 

 

Prior1

WEEK ENDING

Feb. 2

Jan. 26

Change

Year



Federal Employees

18,647

17,714

+933

20,671

Newly Discharged Veterans

23,387

24,008

-621

25,344

Railroad Retirement Board

4,000

4,000

0

4,000

Extended Benefits

0

0

0

1


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 133,010,953 as denominator.

UNADJUSTED INITIAL CLAIMS FOR WEEK ENDED 02/09/2008 


STATES WITH A DECREASE OF MORE THAN 1,000 



State

Change

 

State Supplied Comment

OH

-2,752

 

No comment.

WI

-2,232

 

Fewer layoffs in the construction, trade, and manufacturing
industries.

NC

-1,746

 

Fewer layoffs in the construction, lumber/wood, stone/clay/glass,
and fabricated metals industries.

PA

-1,608

 

Fewer layoffs in the primary metals, utilities, furniture,
and transportation equipment industries.

FL

-1,410

 

Fewer layoffs in the construction, trade, and service industries,
and agriculture.

AR

-1,405

 

No comment.

NY

-1,092

 

Fewer layoffs in the construction and service industries.

WA

-1,073

 

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


STATES WITH AN INCREASE OF MORE THAN 1,000 



State

Change

 

State Supplied Comment

GA

+1,009

 

No comment.

IL

+1,955

 

Layoffs in the construction, service, and manufacturing industries.

KY

+4,166

 

Layoffs in the automobile and manufacturing industries.

CA

+7,857

 

Layoffs in the trade, service, and manufacturing industries.

Unemployment Claims State Detail 2/9/08

Source: Department of Labor, Employment and Training Administration

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