weekly unemployment report Oct 18
In the week ending Oct. 18, the advance figure for seasonally adjusted initial claims was 478,000, an increase of 15,000 from the previous week's revised figure of 463,000. It is estimated that the effects of Hurricane Ike in Texas added approximately 12,000 claims to the total. The 4-week moving average was 480,250, a decrease of 4,500 from the previous week's revised average of 484,750.
The advance seasonally adjusted insured unemployment rate was 2.8 percent for the week ending Oct. 11, unchanged from the prior week's unrevised rate of 2.8 percent.
The advance number for seasonally adjusted insured unemployment during the week ending Oct. 11 was 3,720,000, a decrease of 6,000 from the preceding week's revised level of 3,726,000. The 4-week moving average was 3,680,000, an increase of 44,250 from the preceding week's revised average of 3,635,750.
UNADJUSTED DATA
The advance number of actual initial claims under state programs, unadjusted, totaled 415,012 in the week ending Oct. 18, a decrease of 38,986 from the previous week. There were 307,675 initial claims in the comparable week in 2007.
The advance unadjusted insured unemployment rate was 2.3 percent during the week ending Oct. 11, unchanged from the prior week. The advance unadjusted number for persons claiming UI benefits in state programs totaled 3,128,523, an increase of 54,509 from the preceding week. A year earlier, the rate was 1.6 percent and the volume was 2,175,026.
Extended benefits were available in Alaska and Rhode Island during the week ending Oct 4.
Initial claims for UI benefits by former Federal civilian employees totaled 1,653 in the week ending Oct. 11, an increase of 9 from the prior week. There were 1,911 initial claims by newly discharged veterans, an increase of 81 from the preceding week.
There were 13,534 former Federal civilian employees claiming UI benefits for the week ending Oct. 4, an increase of 113 from the previous week. Newly discharged veterans claiming benefits totaled 22,337, a decrease of 407 from the prior week.
States reported 1,095,178 persons claiming EUC (Emergency Unemployment Compensation) benefits for the week ending Oct. 4, a decrease of 290,197 from the prior week.
The highest insured unemployment rates in the week ending Oct. 4 were in Puerto Rico (5.1 percent), Nevada (3.3), Oregon (3.3), Michigan (3.2), California (3.1), New Jersey (3.1), South Carolina (3.1), Pennsylvania (2.9), Rhode Island (2.9), North Carolina (2.8), and the Virgin Islands (2.8).
The largest increases in initial claims for the week ending Oct. 11 were in New York (+5,224), Michigan (+3,383), Florida (+3,007), California (+2,781), and South Carolina (+2,723), while the largest decreases were in Texas (-5,968), Ohio (-4,317), Alabama (-1,534), Louisiana (-828), and Delaware (-827).
--------------------------------------------------------------------------------
UNEMPLOYMENT INSURANCE DATA FOR REGULAR STATE PROGRAMS
--------------------------------------------------------------------------------
Advance
Prior1
WEEK ENDING
Oct. 18
Oct. 11
Change
Oct. 4
Year
--------------------------------------------------------------------------------
Initial Claims (SA)
478,000
463,000
+15,000
481,000
333,000
Initial Claims (NSA)
415,012
453,998
-38,986
426,789
307,675
4-Wk Moving Average (SA)
480,250
484,750
-4,500
483,500
327,750
Advance
Prior1
WEEK ENDING
Oct. 11
Oct. 4
Change
Sept. 27
Year
--------------------------------------------------------------------------------
Ins. Unemployment (SA)
3,720,000
3,726,000
-6,000
3,671,000
2,547,000
Ins. Unemployment (NSA)
3,128,523
3,074,014
+54,509
3,057,698
2,175,026
4-Wk Moving Average (SA)
3,680,000
3,635,750
+44,250
3,566,250
2,548,500
--------------------------------------------------------------------------------
Ins. Unemployment Rate (SA)2
2.8%
2.8%
0.0
2.7%
1.9%
Ins. Unemployment Rate (NSA)2
2.3%
2.3%
0.0
2.3%
1.6%
--------------------------------------------------------------------------------
INITIAL CLAIMS FILED IN FEDERAL PROGRAMS (UNADJUSTED)
--------------------------------------------------------------------------------
Prior1
WEEK ENDING
Oct. 11
Oct. 4
Change
Year
--------------------------------------------------------------------------------
Federal Employees
1,653
1,644
+9
1,375
Newly Discharged Veterans
1,911
1,830
+81
1,841
--------------------------------------------------------------------------------
PERSONS CLAIMING UI BENEFITS IN FEDERAL PROGRAMS (UNADJUSTED)
--------------------------------------------------------------------------------
Prior1
WEEK ENDING
Oct. 4
Sept. 27
Change
Year
--------------------------------------------------------------------------------
Federal Employees
13,534
13,421
+113
14,049
Newly Discharged Veterans
22,337
22,744
-407
21,843
Railroad Retirement Board
3,000
3,000
0
3,000
Extended Benefits
1,236
1,140
+96
0
EUC 2008
1,095,178
1,385,375
-290,197
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 133,902,387 as denominator.
UNADJUSTED INITIAL CLAIMS FOR WEEK ENDED 10/11/2008
--------------------------------------------------------------------------------
STATES WITH A DECREASE OF MORE THAN 1,000
--------------------------------------------------------------------------------
State
Change
State Supplied Comment
TX
-5,968
Fewer layoffs in the trade, finance, and manufacturing industries.
OH
-4,317
No comment.
AL
-1,534
Fewer layoffs in the rubber/plastics industry.
--------------------------------------------------------------------------------
STATES WITH AN INCREASE OF MORE THAN 1,000
--------------------------------------------------------------------------------
State
Change
State Supplied Comment
OK
+1,039
No comment.
PA
+1,289
Layoffs in the wood products, industrial machinery, and transportation equipment industries.
GA
+1,365
Layoffs in the service and transportation equipment industries.
WI
+1,373
Layoffs in the construction, service, and manufacturing industries.
WA
+1,714
Layoffs in the wood products, primary metals, trade, and service industries.
KS
+1,793
Layoffs in the construction, service, and manufacturing industries.
NC
+2,034
Layoffs in the transportation equipment, furniture, leather goods, and service industries.
IL
+2,060
Layoffs in the trade, service, and manufacturing industries.
MO
+2,211
Layoffs in the construction industry.
SC
+2,723
Layoffs in the textile and industrial machinery industries.
CA
+2,781
No comment.
FL
+3,007
Layoffs in the construction, trade, and service industries, and agriculture.
MI
+3,383
Layoffs in the automobile industry.
NY
+5,224
Layoffs in the construction, service, and transportation industries.
The advance seasonally adjusted insured unemployment rate was 2.8 percent for the week ending Oct. 11, unchanged from the prior week's unrevised rate of 2.8 percent.
The advance number for seasonally adjusted insured unemployment during the week ending Oct. 11 was 3,720,000, a decrease of 6,000 from the preceding week's revised level of 3,726,000. The 4-week moving average was 3,680,000, an increase of 44,250 from the preceding week's revised average of 3,635,750.
UNADJUSTED DATA
The advance number of actual initial claims under state programs, unadjusted, totaled 415,012 in the week ending Oct. 18, a decrease of 38,986 from the previous week. There were 307,675 initial claims in the comparable week in 2007.
The advance unadjusted insured unemployment rate was 2.3 percent during the week ending Oct. 11, unchanged from the prior week. The advance unadjusted number for persons claiming UI benefits in state programs totaled 3,128,523, an increase of 54,509 from the preceding week. A year earlier, the rate was 1.6 percent and the volume was 2,175,026.
Extended benefits were available in Alaska and Rhode Island during the week ending Oct 4.
Initial claims for UI benefits by former Federal civilian employees totaled 1,653 in the week ending Oct. 11, an increase of 9 from the prior week. There were 1,911 initial claims by newly discharged veterans, an increase of 81 from the preceding week.
There were 13,534 former Federal civilian employees claiming UI benefits for the week ending Oct. 4, an increase of 113 from the previous week. Newly discharged veterans claiming benefits totaled 22,337, a decrease of 407 from the prior week.
States reported 1,095,178 persons claiming EUC (Emergency Unemployment Compensation) benefits for the week ending Oct. 4, a decrease of 290,197 from the prior week.
The highest insured unemployment rates in the week ending Oct. 4 were in Puerto Rico (5.1 percent), Nevada (3.3), Oregon (3.3), Michigan (3.2), California (3.1), New Jersey (3.1), South Carolina (3.1), Pennsylvania (2.9), Rhode Island (2.9), North Carolina (2.8), and the Virgin Islands (2.8).
The largest increases in initial claims for the week ending Oct. 11 were in New York (+5,224), Michigan (+3,383), Florida (+3,007), California (+2,781), and South Carolina (+2,723), while the largest decreases were in Texas (-5,968), Ohio (-4,317), Alabama (-1,534), Louisiana (-828), and Delaware (-827).
--------------------------------------------------------------------------------
UNEMPLOYMENT INSURANCE DATA FOR REGULAR STATE PROGRAMS
--------------------------------------------------------------------------------
Advance
Prior1
WEEK ENDING
Oct. 18
Oct. 11
Change
Oct. 4
Year
--------------------------------------------------------------------------------
Initial Claims (SA)
478,000
463,000
+15,000
481,000
333,000
Initial Claims (NSA)
415,012
453,998
-38,986
426,789
307,675
4-Wk Moving Average (SA)
480,250
484,750
-4,500
483,500
327,750
Advance
Prior1
WEEK ENDING
Oct. 11
Oct. 4
Change
Sept. 27
Year
--------------------------------------------------------------------------------
Ins. Unemployment (SA)
3,720,000
3,726,000
-6,000
3,671,000
2,547,000
Ins. Unemployment (NSA)
3,128,523
3,074,014
+54,509
3,057,698
2,175,026
4-Wk Moving Average (SA)
3,680,000
3,635,750
+44,250
3,566,250
2,548,500
--------------------------------------------------------------------------------
Ins. Unemployment Rate (SA)2
2.8%
2.8%
0.0
2.7%
1.9%
Ins. Unemployment Rate (NSA)2
2.3%
2.3%
0.0
2.3%
1.6%
--------------------------------------------------------------------------------
INITIAL CLAIMS FILED IN FEDERAL PROGRAMS (UNADJUSTED)
--------------------------------------------------------------------------------
Prior1
WEEK ENDING
Oct. 11
Oct. 4
Change
Year
--------------------------------------------------------------------------------
Federal Employees
1,653
1,644
+9
1,375
Newly Discharged Veterans
1,911
1,830
+81
1,841
--------------------------------------------------------------------------------
PERSONS CLAIMING UI BENEFITS IN FEDERAL PROGRAMS (UNADJUSTED)
--------------------------------------------------------------------------------
Prior1
WEEK ENDING
Oct. 4
Sept. 27
Change
Year
--------------------------------------------------------------------------------
Federal Employees
13,534
13,421
+113
14,049
Newly Discharged Veterans
22,337
22,744
-407
21,843
Railroad Retirement Board
3,000
3,000
0
3,000
Extended Benefits
1,236
1,140
+96
0
EUC 2008
1,095,178
1,385,375
-290,197
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 133,902,387 as denominator.
UNADJUSTED INITIAL CLAIMS FOR WEEK ENDED 10/11/2008
--------------------------------------------------------------------------------
STATES WITH A DECREASE OF MORE THAN 1,000
--------------------------------------------------------------------------------
State
Change
State Supplied Comment
TX
-5,968
Fewer layoffs in the trade, finance, and manufacturing industries.
OH
-4,317
No comment.
AL
-1,534
Fewer layoffs in the rubber/plastics industry.
--------------------------------------------------------------------------------
STATES WITH AN INCREASE OF MORE THAN 1,000
--------------------------------------------------------------------------------
State
Change
State Supplied Comment
OK
+1,039
No comment.
PA
+1,289
Layoffs in the wood products, industrial machinery, and transportation equipment industries.
GA
+1,365
Layoffs in the service and transportation equipment industries.
WI
+1,373
Layoffs in the construction, service, and manufacturing industries.
WA
+1,714
Layoffs in the wood products, primary metals, trade, and service industries.
KS
+1,793
Layoffs in the construction, service, and manufacturing industries.
NC
+2,034
Layoffs in the transportation equipment, furniture, leather goods, and service industries.
IL
+2,060
Layoffs in the trade, service, and manufacturing industries.
MO
+2,211
Layoffs in the construction industry.
SC
+2,723
Layoffs in the textile and industrial machinery industries.
CA
+2,781
No comment.
FL
+3,007
Layoffs in the construction, trade, and service industries, and agriculture.
MI
+3,383
Layoffs in the automobile industry.
NY
+5,224
Layoffs in the construction, service, and transportation industries.
Views: 0
Comment
© 2024 Created by James Dicks.
Powered by
You need to be a member of JDFN Financial Network to add comments!
Join JDFN Financial Network