Thursday, November 29, 2012

U.S. UNEMPLOYMENT INSURANCE WEEKLY CLAIMS REPORT FOR WEEK ENDING NOVEMBER 24, 2012


Photo Credit:  Wikimedia.

FROM: U.S. DEPARTMENT OF LABOR

 
SEASONALLY ADJUSTED DATA

In the week ending November 24, the advance figure for seasonally adjusted initial claims was 393,000, a decrease of 23,000 from the previous week's revised figure of 416,000. The 4-week moving average was 405,250, an increase of 7,500 from the previous week's revised average of 397,750.
The advance seasonally adjusted insured unemployment rate was 2.6 percent for the week ending November 17, unchanged from the prior week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending November 17 was 3,287,000, a decrease of 70,000 from the preceding week's revised level of 3,357,000. The 4-week moving average was 3,296,250, an increase of 6,250 from the preceding week's revised average of 3,290,000.
UNADJUSTED DATA
The advance number of actual initial claims under state programs, unadjusted, totaled 357,015 in the week ending November 24, a decrease of 46,541 from the previous week. There were 372,640 initial claims in the comparable week in 2011.

The advance unadjusted insured unemployment rate was 2.2 percent during the week ending November 17, a decrease of 0.1 percentage point from the prior week's unrevised rate. The advance unadjusted number for persons claiming UI benefits in state programs totaled 2,820,064, a decrease of 124,308 from the preceding week. A year earlier, the rate was 2.5 percent and the volume was 3,167,053.

The total number of people claiming benefits in all programs for the week ending November 10 was 5,182,815, a decrease of 58,623 from the previous week. There were 7,004,413 persons claiming benefits in all programs in the comparable week in 2011.

Extended Benefits were only available in New York during the week ending November 10.

Initial claims for UI benefits filed by former Federal civilian employees totaled 1,629 in the week ending November 17, a decrease of 447 from the prior week. There were 2,385 initial claims filed by newly discharged veterans, a decrease of 416 from the preceding week.

There were 18,606 former Federal civilian employees claiming UI benefits for the week ending November 10, a decrease of 762 from the previous week. Newly discharged veterans claiming benefits totaled 39,318, a decrease of 285 from the prior week.

States reported 2,119,054 persons claiming EUC (Emergency Unemployment Compensation) benefits for the week ending November 10, a decrease of 37,451 from the prior week. There were 2,972,894 persons claiming EUC 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 November 3 were in Alaska (5.1), New Jersey (4.1), Puerto Rico (3.8), Pennsylvania (3.6), Connecticut (3.2), Oregon (3.1), California (3.0), New York (2.9), Nevada (2.8), Virgin Islands (2.8), and West Virginia (2.8).

The largest increases in initial claims for the week ending November 17 were in Florida (+1,534), Michigan (+1,427), Massachusetts (+1,189), Kentucky (+945), and Minnesota (+872), while the largest decreases were in New York (-30,603), California (-26,337), Pennsylvania (-11,451), Oregon (-1,997) and North Carolina (-1,851).

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