Friday, January 31, 2014

UNEMPLOYMENT INSURANCE WEEKLY CLAIMS REPORT FOR WEEK ENDING JANUARY 25, 2014

UNEMPLOYMENT INSURANCE WEEKLY CLAIMS REPORT
          SEASONALLY ADJUSTED DATA

In the week ending January 25, the advance figure for seasonally adjusted initial claims was 348,000, an increase of 19,000 from the previous week's revised figure of 329,000. The 4-week moving average was 333,000, an increase of 750 from the previous week's revised average of 332,250.

The advance seasonally adjusted insured unemployment rate was 2.3 percent for the week ending January 18, unchanged from the prior week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending January 18 was 2,991,000, a decrease of 16,000 from the preceding week's revised level of 3,007,000. The 4-week moving average was 2,970,250, an increase of 43,500 from the preceding week's revised average of 2,926,750.

UNADJUSTED DATA

The advance number of actual initial claims under state programs, unadjusted, totaled 354,604 in the week ending January 25, a decrease of 59,707 from the previous week. There were 369,480 initial claims in the comparable week in 2013.

The advance unadjusted insured unemployment rate was 2.6 percent during the week ending January 18, a decrease of 0.1 percentage point from the prior week. The advance unadjusted number for persons claiming UI benefits in state programs totaled 3,445,204, a decrease of 60,438 from the preceding week. A year earlier, the rate was 2.9 percent and the volume was 3,678,926.

The total number of people claiming benefits in all programs for the week ending January 11 was 3,583,501, a decrease of 122,586 from the previous week. There were 5,916,993 persons claiming benefits in all programs in the comparable week in 2013.

No state was triggered "on" the Extended Benefits program during the week ending January 11.

Initial claims for UI benefits filed by former Federal civilian employees totaled 1,918 in the week ending January 18, a decrease of 309 from the prior week. There were 2,246 initial claims filed by newly discharged veterans, a decrease of 203 from the preceding week.

There were 23,789 former Federal civilian employees claiming UI benefits for the week ending January 11, an increase of 483 from the previous week. Newly discharged veterans claiming benefits totaled 32,686, an increase of 1,095 from the prior week.

The Emergency Unemployment Compensation (EUC) program expired on January 1, 2014, and under current law no EUC payments will be made for weeks of unemployment after this date.

The highest insured unemployment rates in the week ending January 11 were in Alaska (6.5), Connecticut (4.2), New Jersey (4.2), Puerto Rico (4.0), Pennsylvania (3.9), Rhode Island (3.9), Wisconsin (3.9), Illinois (3.8), Montana (3.7), and West Virginia (3.7).

The largest increases in initial claims for the week ending January 18 were in California (+11,708), Oregon (+1,239), Rhode Island (+304), and Virgin Islands (+7), while the largest decreases were in Pennsylvania (-16,595), Indiana (-10,740), Texas (-8,789), Georgia (-8,119), and Massachusetts (-5,863).

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