Research >> Economics
Weekly Initial Unemployment Claims decrease 6,000 to 222,000
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In the week ending September 3, the advance figure for seasonally adjusted initial claims was 222,000, a decrease of 6,000 from the previous week's revised level. The previous week's level was revised down by 4,000 from 232,000 to 228,000. The 4-week moving average was 233,000, a decrease of 7,500 from the previous week's revised average. The previous week's average was revised down by 1,000 from 241,500 to 240,500.
The advance seasonally adjusted insured unemployment rate was 1.0 percent for the week ending August 27, unchanged from the previous week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending August 27 was 1,473,000, an increase of 36,000 from the previous week's revised level. The previous week's level was revised down by 1,000 from 1,438,000 to 1,437,000. The 4-week moving average was 1,439,000, an increase of 10,750 from the previous week's revised average. The previous week's average was revised down by 250 from 1,428,500 to 1,428,250.
UNADJUSTED DATA
The advance number of actual initial claims under state programs, unadjusted, totaled 175,842 in the week ending September 3, an increase of 1,978 (or 1.1 percent) from the previous week. The seasonal factors had expected an increase of 7,073 (or 4.1 percent) from the previous week. There were 285,950 initial claims in the comparable week in 2021.
The advance unadjusted insured unemployment rate was 1.0 percent during the week ending August 27, unchanged from the prior week. The advance unadjusted level of insured unemployment in state programs totaled 1,437,982, an increase of 47,449 (or 3.4 percent) from the preceding week. The seasonal factors had expected an increase of 11,492 (or 0.8 percent) from the previous week. A year earlier the rate was 1.9 percent and the volume was 2,668,660.
The total number of continued weeks claimed for benefits in all programs for the week ending August 20 was 1,414,849, a decrease of 23,283 from the previous week. There were 11,927,797 weekly claims filed for benefits in all programs in the comparable week in 2021.
No state was triggered "on" the Extended Benefits program during the week ending August 20.
Initial claims for UI benefits filed by former Federal civilian employees totaled 332 in the week ending August 27, a decrease of 43 from the prior week. There were 403 initial claims filed by newly discharged veterans, an increase of 22 from the preceding week.
There were 6,377 continued weeks claimed filed by former Federal civilian employees the week ending August 20, a decrease of 272 from the previous week. Newly discharged veterans claiming benefits totaled 4,513, an increase of 139 from the prior week.
The highest insured unemployment rates in the week ending August 20 were in New Jersey (2.2), California (1.9), Rhode Island (1.8), Connecticut (1.7), New York (1.7), Puerto Rico (1.7), Massachusetts (1.5), Pennsylvania (1.3), and Nevada (1.2).
The largest increases in initial claims for the week ending August 27 were in New York (+4,630), Michigan (+1,199), South Carolina (+290), Hawaii (+263), and New Jersey (+256), while the largest decreases were in Connecticut (-2,635), Oklahoma (-1,260), Missouri (-1,250), Georgia (-853), and California (-802).
Posted: September 8, 2022 Thursday 08:30 AM