Research >> Economics
Weekly Initial Unemployment Claims increase 2,000 to 207,000
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In the week ending September 30, the advance figure for seasonally adjusted initial claims was 207,000, an increase of
2,000 from the previous week's revised level. The previous week's level was revised up by 1,000 from 204,000 to
205,000. The 4-week moving average was 208,750, a decrease of 2,500 from the previous week's revised average. The
previous week's average was revised up by 250 from 211,000 to 211,250.
The advance seasonally adjusted insured unemployment rate was 1.1 percent for the week ending September 23,
unchanged from the previous week's unrevised rate. The advance number for seasonally adjusted insured
unemployment during the week ending September 23 was 1,664,000, a decrease of 1,000 from the previous week's
revised level. The previous week's level was revised down by 5,000 from 1,670,000 to 1,665,000. The 4-week moving
average was 1,667,500, a decrease of 5,000 from the previous week's revised average. The previous week's average was
revised down by 1,250 from 1,673,750 to 1,672,500.
The advance number of actual initial claims under state programs, unadjusted, totaled 172,775 in the week ending
September 30, a decrease of 2,875 (or -1.6 percent) from the previous week. The seasonal factors had expected a
decrease of 3,903 (or -2.2 percent) from the previous week. There were 167,378 initial claims in the comparable week in
2022.
The advance unadjusted insured unemployment rate was 1.1 percent during the week ending September 23, unchanged
from the prior week. The advance unadjusted level of insured unemployment in state programs totaled 1,577,686, a
decrease of 10,581 (or -0.7 percent) from the preceding week. The seasonal factors had expected a decrease of 9,989 (or -
0.6 percent) from the previous week. A year earlier the rate was 0.9 percent and the volume was 1,233,270.
The total number of continued weeks claimed for benefits in all programs for the week ending September 16 was
1,612,134, a decrease of 57,424 from the previous week. There were 1,246,953 weekly claims filed for benefits in all
programs in the comparable week in 2022.
No state was triggered "on" the Extended Benefits program during the week ending September 16.
Initial claims for UI benefits filed by former Federal civilian employees totaled 363 in the week ending September 23,
unchanged from the prior week. There were 385 initial claims filed by newly discharged veterans, an increase of 23 from
the preceding week.
There were 4,123 continued weeks claimed filed by former Federal civilian employees the week ending September 16, a
decrease of 172 from the previous week. Newly discharged veterans claiming benefits totaled 4,206, an increase of 31
from the prior week.
The highest insured unemployment rates in the week ending September 16 were in Hawaii (2.4), New Jersey (2.2),
California (2.1), Puerto Rico (1.8), Massachusetts (1.6), New York (1.6), Oregon (1.5), Rhode Island (1.5), Washington
(1.5), Illinois (1.4), Nevada (1.4), and Pennsylvania (1.4).
The largest increases in initial claims for the week ending September 23 were in California (+2,712), Ohio (+1,422),
Michigan (+1,282), Alabama (+870), and Missouri (+532), while the largest decreases were in Georgia (-1,853), South
Carolina (-1,199), New York (-1,149), Indiana (-705), and Florida (-485).
Posted: October 5, 2023 Thursday 08:30 AM