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Jobless Claims - April 10, 2008

Jobless Claims At a Glance

  • Initial Claims: 357,000
  • Change from Last Week: Down 53,000
  • 4-Week Moving Average: 378,250
  • Insured Unemployment Rate: 2.2%
  • Insured Unemployment: 2,940,000

All numbers seasonally adjusted.

Technorati Tags: jobless, unemployment, claims

UNEMPLOYMENT INSURANCE WEEKLY CLAIMS REPORT

SEASONALLY ADJUSTED DATA

In the week ending April 5, the advance figure for seasonally adjusted initial claims was 357,000, a decrease of 53,000 from the previous week’s revised figure of 410,000. The 4-week moving average was 378,250, an increase of 2,500 from the previous week’s revised average of 375,750.

The advance seasonally adjusted insured unemployment rate was 2.2 percent for the week ending March 29, unchanged from the prior week’s unrevised rate of 2.2 percent.

The advance number for seasonally adjusted insured unemployment during the week ending March 29 was 2,940,000, an increase of 3,000 from the preceding week’s unrevised level of 2,937,000. The 4-week moving average was 2,898,500, an increase of 36,500 from the preceding week’s revised average of 2,862,000.

UNADJUSTED DATA

The advance number of actual initial claims under state programs, unadjusted, totaled 359,057 in the week ending April 5, an increase of 13,063 from the previous week. There were 328,266 initial claims in the comparable week in 2007.

The advance unadjusted insured unemployment rate was 2.4 percent during the week ending March 29, unchanged from the prior week. The advance unadjusted number for persons claiming UI benefits in state programs totaled 3,187,375, a decrease of 31,498 from the preceding week. A year earlier, the rate was 2.0 percent and the volume was 2,688,419.

Extended benefits were not available in any state during the week ending March 22.

Initial claims for UI benefits by former Federal civilian employees totaled 783 in the week ending March 29, an increase of 19 from the prior week. There were 1,391 initial claims by newly discharged veterans, an increase of 115 from the preceding week.

There were 13,345 former Federal civilian employees claiming UI benefits for the week ending March 22, a decrease of 1,967 from the previous week. Newly discharged veterans claiming benefits totaled 22,009, a decrease of 17 from the prior week.

The highest insured unemployment rates in the week ending March 22 were in Alaska (4.4 percent), Michigan (4.3), Rhode Island (3.8), Wisconsin (3.7), Pennsylvania (3.6), Idaho (3.4), Oregon (3.4), Vermont (3.4), New Jersey (3.3), and Puerto Rico (3.3).

The largest increases in initial claims for the week ending March 29 were in Indiana (+7,443), New York (+4,123), Puerto Rico (+3,900), New Jersey (+3,294), and Kentucky (+2,840), while the largest decreases were in Pennsylvania (-2,513), California (-1,595), Iowa (-895), Virginia (-800), and Illinois
(-509).

UNEMPLOYMENT INSURANCE DATA FOR REGULAR STATE PROGRAMS



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

 

Advance

 

 

 

Prior1

WEEK ENDING

April 5

March 29

Change

March 22

Year



Initial Claims (SA)

width="12%">

357,000

width="12%">

410,000

width="12%">

-53,000

width="11%">

371,000

width="11%">

328,000

Initial Claims
(NSA)

width="12%">

359,057

width="12%">

345,994

width="12%">

+13,063

width="11%">

316,598

width="11%">

328,266

4-Wk Moving Average
(SA)

width="12%">

378,250

width="12%">

375,750

width="12%">

+2,500

width="11%">

359,250

width="11%">

316,750

 

Advance

 

 

 

Prior1

WEEK ENDING

March 29

March 22

Change

March 15

Year



Ins. Unemployment
(SA)

width="12%">

2,940,000

width="12%">

2,937,000

width="12%">

+3,000

width="11%">

2,852,000

width="11%">

2,506,000

Ins. Unemployment
(NSA)

width="12%">

3,187,375

width="12%">

3,218,873

width="12%">

-31,498

width="11%">

3,254,650

width="11%">

2,688,419

4-Wk Moving Average
(SA)

width="12%">

2,898,500

width="12%">

2,862,000

width="12%">

+36,500

width="11%">

2,829,750

width="11%">

2,496,250



Ins. Unemployment
Rate (SA)2

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

2.2%

width="12%">

2.2%

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%">

2.4%

width="12%">

2.4%

width="12%">

0.0

width="11%">

2.4%

width="11%">

2.0%


INITIAL CLAIMS FILED IN FEDERAL PROGRAMS (UNADJUSTED)



 

 

 

 

Prior1

WEEK ENDING

March 29

March 22

Change

Year



Federal Employees

783

764

+19

882

Newly Discharged Veterans

1,391

1,276

+115

1,549


PERSONS CLAIMING UI BENEFITS IN FEDERAL PROGRAMS
(UNADJUSTED)



 

 

 

 

Prior1

WEEK ENDING

March 22

March 15

Change

Year



Federal Employees

13,435

15,402

-1,967

13,813

Newly Discharged Veterans

22,009

22,026

-17

23,347

Railroad Retirement Board

3,000

3,000

0

3,000

Extended Benefits

0

0

0

0


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 03/29/2008 


STATES WITH A DECREASE OF MORE THAN 1,000 



State

Change

 

State Supplied Comment

PA

-2,513

 

Fewer layoffs in the electrical equipment, food, transportation,
and utilities industries.

CA

-1,595

 

Fewer layoffs in the service industry.


STATES WITH AN INCREASE OF MORE THAN 1,000 



State

Change

 

State Supplied Comment

KS

+1,079

 

Layoffs in the manufacturing industry.

TN

+1,365

 

Layoffs in the transportation equipment, apparel, industrial
machinery, wood products, and service industries.

AL

+1,564

 

Layoffs in the primary metals, textile, apparel, and transportation
equipment industries.

OR

+1,666

 

No comment.

WI

+2,263

 

Layoffs in the construction, trade, service, transportation,
warehousing, and manufacturing industries.

NC

+2,428

 

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

KY

+2,840

 

Layoffs in the manufacturing industry.

NJ

+3,294

 

Layoffs in the construction, trade, service, transportation,
and warehousing industries.

PR

+3,900

 

No comment.

NY

+4,123

 

Layoffs in the transportation and service industries.

IN

+7,443

 

Layoffs in the automobile, trade, and manufacturing industries.

unemployment-claims-state-detail-032908

Source: Department of Labor, Employment and Training Administration

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