Wednesday, June 13, 2012

UNEMPLOYMENT WEEKLY CLAIMS REPORT FOR WEEK ENDING JUNE 2, 2012


UNEMPLOYMENT INSURANCE WEEKLY CLAIMS REPORT
SEASONALLY ADJUSTED DATA
In the week ending June 2, the advance figure for seasonally adjusted initial claims was 377,000, a decrease of 12,000 from the previous week's revised figure of 389,000. The 4-week moving average was 377,750, an increase of 1,750 from the previous week's revised average of 376,000.

The advance seasonally adjusted insured unemployment rate was 2.6 percent for the week ending May 26, unchanged from the prior week's unrevised rate.

The advance number for seasonally adjusted insured unemployment during the week ending May 26 was 3,293,000, an increase of 34,000 from the preceding week's revised level of 3,259,000. The 4-week moving average was 3,279,500, an increase of 11,500 from the preceding week's revised average of 3,268,000.

UNADJUSTED DATA 
The advance number of actual initial claims under state programs, unadjusted, totaled 321,884 in the week ending June 2, a decrease of 24,376 from the previous week. There were 366,816 initial claims in the comparable week in 2011.

The advance unadjusted insured unemployment rate was 2.4 percent during the week ending May 26, unchanged from the prior week's unrevised rate. The advance unadjusted number for persons claiming UI benefits in state programs totaled 3,039,077, a decrease of 21,271 from the preceding week. A year earlier, the rate was 2.7 percent and the volume was 3,426,345.

The total number of people claiming benefits in all programs for the week ending May 19 was 5,970,729, a decrease of 167,133 from the previous week.

Extended benefits were available in the District of Columbia, Idaho, Nevada, New Jersey, New York, Rhode Island, and West Virginia during the week ending May 19.
Initial claims for UI benefits by former Federal civilian employees totaled 1,459 in the week ending May 26, an increase of 260 from the prior week. There were 2,304 initial claims by newly discharged veterans, a decrease of 228 from the preceding week.

There were 16,188 former Federal civilian employees claiming UI benefits for the week ending May 19, an increase of 136 from the previous week. Newly discharged veterans claiming benefits totaled 38,492, a decrease of 661 from the prior week.

States reported 2,572,558 persons claiming EUC (Emergency Unemployment Compensation) benefits for the week ending May 19, a decrease of 45,808 from the prior week. There were 3,381,090 claimants in the comparable week in 2011. EUC weekly claims include first, second, third, and fourth tier activity.

The highest insured unemployment rates in the week ending May 19 were in Alaska (4.6), Puerto Rico (3.8), Pennsylvania (3.5), California (3.4), New Jersey (3.3), Connecticut (3.2), Oregon (3.2), Illinois (3.0), Nevada (3.0), Rhode Island (2.9), and Virgin Islands (2.9).

The largest increases in initial claims for the week ending May 26 were in Georgia (+2,078), Tennessee (+1,983), Missouri (+1,898), Illinois (+1,798), and New York (+1,578), while the largest decreases were in Texas (-376), North Carolina (-371), California (-344), Pennsylvania (-291), and Virginia (-275).


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