Research >> Economics
Weekly Initial Unemployment Claims increase 5,000 to 213,000
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In the week ending September 17, the advance figure for seasonally adjusted initial claims was 213,000, an increase of 5,000 from the previous week's revised level. The previous week's level was revised down by 5,000 from 213,000 to 208,000. The 4-week moving average was 216,750, a decrease of 6,000 from the previous week's revised average. The previous week's average was revised down by 1,250 from 224,000 to 222,750.
The advance seasonally adjusted insured unemployment rate was 1.0 percent for the week ending September 10, unchanged from the previous week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending September 10 was 1,379,000, a decrease of 22,000 from the previous week's revised level. The previous week's level was revised down by 2,000 from 1,403,000 to 1,401,000. The 4-week moving average was 1,404,750, a decrease of 8,250 from the previous week's revised average. The previous week's average was revised down by 250 from 1,413,250 to 1,413,000.
UNADJUSTED DATA
The advance number of actual initial claims under state programs, unadjusted, totaled 171,562 in the week ending September 17, an increase of 19,385 (or 12.7 percent) from the previous week. The seasonal factors had expected an increase of 15,613 (or 10.3 percent) from the previous week. There were 306,581 initial claims in the comparable week in 2021.
The advance unadjusted insured unemployment rate was 0.9 percent during the week ending September 10, unchanged from the prior week. The advance unadjusted level of insured unemployment in state programs totaled 1,281,137, an increase of 7,977 (or 0.6 percent) from the preceding week. The seasonal factors had expected an increase of 28,012 (or 2.2 percent) from the previous week. A year earlier the rate was 1.8 percent and the volume was 2,509,945.
The total number of continued weeks claimed for benefits in all programs for the week ending September 3 was 1,295,702, a decrease of 96,414 from the previous week. There were 11,250,317 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 September 3.
Initial claims for UI benefits filed by former Federal civilian employees totaled 309 in the week ending September 10, a decrease of 21 from the prior week. There were 368 initial claims filed by newly discharged veterans, a decrease of 49 from the preceding week.
There were 6,119 continued weeks claimed filed by former Federal civilian employees the week ending September 3, a decrease of 173 from the previous week. Newly discharged veterans claiming benefits totaled 4,070, a decrease of 432 from the prior week.
The highest insured unemployment rates in the week ending September 3 were in New Jersey (2.0), California (1.7), New York (1.6), Puerto Rico (1.6), Rhode Island (1.4), Massachusetts (1.3), Connecticut (1.2), Nevada (1.2), Alaska (1.1), Oregon (1.1), and Pennsylvania (1.1).
The largest increases in initial claims for the week ending September 10 were in Indiana (+738), Arkansas (+217), Iowa (+149), North Dakota (+28), and Maine (+15), while the largest decreases were in California (-3,064), New York (-2,905), Texas (-2,493), Oklahoma (-1,729), and Pennsylvania (-1,355).
Posted: September 22, 2022 Thursday 08:30 AM