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Friday, July 6, 2012
UNEMPLOYMENT INSURANCE WEEKLY CLAIMS REPORT FOR WEEK ENDING JUNE 30, 2012
SEASONALLY ADJUSTED DATA
In the week ending June 30, the advance figure for seasonally adjusted initial claims was 374,000, a decrease of 14,000 from the previous week's revised figure of 388,000. The 4-week moving average was 385,750, a decrease of 1,500 from the previous week's revised average of 387,250.
The advance seasonally adjusted insured unemployment rate was 2.6 percent for the week ending June 23, unchanged from the prior week's unrevised rate.
The advance number for seasonally adjusted insured unemployment during the week ending June 23 was 3,306,000, an increase of 4,000 from the preceding week's revised level of 3,302,000. The 4-week moving average was 3,304,250, a decrease of 3,000 from the preceding week's revised average of 3,307,250.
The advance number of actual initial claims under state programs, unadjusted, totaled 367,331 in the week ending June 30, a decrease of 3,129 from the previous week. There were 425,640 initial claims in the comparable week in 2011.
The advance unadjusted insured unemployment rate was 2.5 percent during the week ending June 23, unchanged from the prior week's revised rate. The advance unadjusted number for persons claiming UI benefits in state programs totaled 3,134,347, an increase of 20,443 from the preceding week. A year earlier, the rate was 2.8 percent and the volume was 3,555,831.
The total number of people claiming benefits in all programs for the week ending June 16 was 5,869,607, a decrease of 20,439 from the previous week.
Extended benefits were available in the Idaho, Nevada, New Jersey, and Rhode Island, during the week ending June 16.
Initial claims for UI benefits by former Federal civilian employees totaled 1,410 in the week ending June 23, an increase of 56 from the prior week. There were 2,686 initial claims by newly discharged veterans, an increase of 222 from the preceding week.
There were 16,463 former Federal civilian employees claiming UI benefits for the week ending June 16, an increase of 368 from the previous week. Newly discharged veterans claiming benefits totaled 38,587, an increase of 321 from the prior week.
States reported 2,628,712 persons claiming EUC (Emergency Unemployment Compensation) benefits for the week ending June 16, a decrease of 16,805 from the prior week. There were 3,256,523 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 June 16 were in Virgin Islands (4.3), Alaska (4.1), Puerto Rico (4.0), Pennsylvania (3.7), California (3.3), New Jersey (3.3), Connecticut (3.2), Illinois (3.1), Oregon (3.1), Nevada (2.9), Rhode Island (2.9), and Wisconsin (2.9).
The largest increases in initial claims for the week ending June 23 were in California (+8,239), New Jersey (+4,894), Massachusetts (+3,873), Michigan (+3,692), and Connecticut (+2,598), while the largest decreases were in Pennsylvania (-7,865), Maryland (-2,265), Ohio (-1,588), Wisconsin (-1,544), and Georgia (-1,398).