EconoIndicators

Jobless Claims At a Glance

• Initial Claims: 366,000
• Change from Last Week: Down 9,000
• 4-Week Moving Average: 358,000
• Insured Unemployment Rate: 2.1%
• Insured Unemployment: 2,845,000

All numbers seasonally adjusted.

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UNEMPLOYMENT INSURANCE WEEKLY CLAIMS REPORT

SEASONALLY ADJUSTED DATA

Note: This week’s release reflects the annual revision to the weekly unemployment claims seasonal adjustment factors. The historical factors from 2003 forward have been revised. The calendar year 2008 factors can be accessed at the following: http://www.ows.doleta.gov/press/2008/032708.asp

In the week ending March 22, the advance figure for seasonally adjusted initial claims was 366,000, a decrease of 9,000 from the previous week’s revised figure of 375,000. The 4-week moving average was 358,000, an increase of 1,750 from the previous week’s revised average of 356,250.

The advance seasonally adjusted insured unemployment rate was 2.1 percent for the week ending March 15, unchanged from the prior week’s revised rate of 2.1 percent.

The advance number for seasonally adjusted insured unemployment during the week ending March 15 was 2,845,000, a decrease of 5,000 from the preceding week’s revised level of 2,850,000. The 4-week moving average was 2,824,250, an increase of 25,250 from the preceding week’s revised average of 2,799,000.

UNADJUSTED DATA

The advance number of actual initial claims under state programs, unadjusted, totaled 312,867 in the week ending March 22, a decrease of 22,827 from the previous week. There were 273,432 initial claims in the comparable week in 2007.

The advance unadjusted insured unemployment rate was 2.4 percent during the week ending March 15, a decrease of 0.1 percentage point from the prior week. The advance unadjusted number for persons claiming UI benefits in state programs totaled 3,246,517, a decrease of 34,209 from the preceding week. A year earlier, the rate was 2.2 percent and the volume was 2,826,536.

Extended benefits were not available in any state during the week ending March 8.

Initial claims for UI benefits by former Federal civilian employees totaled 831 in the week ending March 15, a decrease of 31 from the prior week. There were 1,419 initial claims by newly discharged veterans, a decrease of 165 from the preceding week.

There were 14,534 former Federal civilian employees claiming UI benefits for the week ending March 8, a decrease of 2,073 from the previous week. Newly discharged veterans claiming benefits totaled 22,312, a decrease of 247 from the prior week.

The highest insured unemployment rates in the week ending March 8 were in Alaska (4.5 percent), Michigan (4.2), Rhode Island (4.0), Idaho (3.7), Pennsylvania (3.7), Wisconsin (3.7), New Jersey (3.5), Oregon (3.5), Vermont (3.5), California (3.3), and Massachusetts (3.3).

The largest increases in initial claims for the week ending March 15 were in Michigan (+6,700), Ohio (+5,486), Missouri (+3,235), North Carolina (+2,586), and Texas (+2,175), while the largest decreases were in California (-5,016), New York (-2,138), Wisconsin (-2,005), Georgia (-1,862), and Florida
(-1,651).

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 03/15/2008 

STATES WITH A DECREASE OF MORE THAN 1,000 

STATES WITH AN INCREASE OF MORE THAN 1,000 

unemployment claims detail by state prior week

Source: Department of Labor, Employment and Training Administration