ETA Press Release: Unemployment Insurance Weekly Claims Report

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ETA Press Release: Unemployment Insurance Weekly Claims Report

The following news release was published by the Employment and Training Administration on March 12, 2009. It is reproduced in full below.

UNEMPLOYMENT INSURANCE WEEKLY CLAIMS REPORT SEASONALLY ADJUSTED DATA In the week ending March 7, the advance figure for seasonally adjusted initial claims was 654,000, an increase of 9,000 from the previous week's revised figure of 645,000. The 4-week moving average was 650,000, an increase of 6,750 from the previous week's revised average of 643,250.

The advance seasonally adjusted insured unemployment rate was 4.0 percent for the week ending Feb. 28, an increase of 0.2 percentage point from the prior week's unrevised rate of 3.8 percent.

The advance number for seasonally adjusted insured unemployment during the week ending Feb. 28 was 5,317,000, an increase of 193,000 from the preceding week's revised level of 5,124,000. The 4-week moving average was 5,139,750, an increase of 124,250 from the preceding week's revised average of 5,015,500.

The fiscal year-to-date average for seasonally adjusted insured unemployment for all programs is 4.533 million.

UNADJUSTED DATA The advance number of actual initial claims under state programs, unadjusted, totaled 648,363 in the week ending March 7, an increase of 2,536 from the previous week. There were 341,685 initial claims in the comparable week in 2008.

The advance unadjusted insured unemployment rate was 4.8 percent during the week ending Feb. 28, an increase of 0.1 percentage point from the prior week. The advance unadjusted number for persons claiming UI benefits in state programs totaled 6,396,429, an increase of 165,349 from the preceding week. A year earlier, the rate was 2.5 percent and the volume was 3,340,432.

Extended benefits were available in Alaska, Connecticut, Idaho, Michigan, North Carolina, Oregon, Pennsylvania, Puerto Rico, Rhode Island, and Washington during the week ending Feb. 21.

Initial claims for UI benefits by former Federal civilian employees totaled 1,179 in the week ending Feb. 28, an increase of 38 from the prior week. There were 1,949 initial claims by newly discharged veterans, an increase of 211 from the preceding week.

There were 19,152 former Federal civilian employees claiming UI benefits for the week ending Feb. 21, a decrease of 850 from the previous week. Newly discharged veterans claiming benefits totaled 28,722, an increase of 813 from the prior week.

States reported 1,414,439 persons claiming EUC (Emergency Unemployment Compensation) benefits for the week ending Feb. 21, a decrease of 18,480 from the prior week.

The highest insured unemployment rates in the week ending Feb. 21 were in Michigan (7.7 percent), Oregon (7.4), Idaho (7.2), Wisconsin (6.7), Rhode Island (6.5), Pennsylvania (6.3), Nevada (6.2), Montana (5.9), Alaska (5.7), Indiana (5.7), Massachusetts (5.7), New Jersey (5.7), and Vermont (5.7).

The largest increases in initial claims for the week ending Feb. 28 were in New York (+16,481), California (+7,765), Oregon (+4,001), Georgia (+3,313), and Wisconsin (+3,006), while the largest decreases were in Missouri (-3,350), Massachusetts (-3,263), New Jersey (-1,973), Florida (-1,559), and New Mexico (-1,005).

UNEMPLOYMENT INSURANCE DATA FOR REGULAR STATE PROGRAMS Advance Prior1 WEEK ENDING March 7 Feb. 28 Change Feb. 21 Year Initial Claims (SA) 654,000 645,000 +9,000 670,000 347,000 Initial Claims (NSA) 648,363 645,827 +2,536 605,668 341,685 4-Wk Moving Average (SA) 650,000 643,250 +6,750 639,750 348,000 Advance Prior1 WEEK ENDING Feb. 28 Feb. 21 Change Feb. 14 Year Ins. Unemployment (SA) 5,317,000 5,124,000 +193,000 5,120,000 2,794,000 Ins. Unemployment (NSA) 6,396,429 6,231,080 +165,349 6,108,398 3,340,432 4-Wk Moving Average (SA) 5,139,750 5,015,500 +124,250 4,934,250 2,780,000 Ins. Unemployment Rate (SA)2 4.0% 3.8% +0.2 3.8% 2.1% Ins. Unemployment Rate (NSA)2 4.8% 4.7% +0.1 4.6% 2.5% INITIAL CLAIMS FILED IN FEDERAL PROGRAMS (UNADJUSTED) Prior1 WEEK ENDING Feb. 28 Feb. 21 Change Year Federal Employees 1,179 1,141 +38 881 Newly Discharged Veterans 1,949 1,738 +211 1,558 PERSONS CLAIMING UI BENEFITS IN FEDERAL PROGRAMS (UNADJUSTED) Prior1 WEEK ENDING Feb. 21 Feb. 14 Change Year Federal Employees 19,152 20,002 -850 15,389 Newly Discharged Veterans 28,722 27,909 +813 22,948 Railroad Retirement Board 9,000 9,000 0 4,000 Extended Benefits 3,862 2,766 +1,096 0 EUC 2008 1,414,439 1,432,919 -18,480 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 133,886,830 as denominator.

UNADJUSTED INITIAL CLAIMS FOR WEEK ENDED 02/28/2009 STATES WITH A DECREASE OF MORE THAN 1,000 State Change State Supplied Comment MO -3,350 Fewer layoffs in the construction and manufacturing industries.

MA -3,263 No comment.

NJ -1,973 Fewer layoffs in the construction, trade, service, transportation, warehousing, and manufacturing industries.

FL -1,559 Fewer layoffs in the construction, trade, service, and manufacturing industries, and agriculture.

NM -1,005 No comment.

STATES WITH AN INCREASE OF MORE THAN 1,000 State Change State Supplied Comment IN +1,079 Layoffs in the automobile, warehousing, and manufacturing industries.

PA +1,209 Layoffs in the industrial machinery, transportation equipment, furniture, and trade industries.

MI +1,828 No comment.

TN +2,082 Layoffs in the construction and manufacturing industries.

VA +2,101 Layoffs in the manufacturing industry.

NC +2,640 Layoffs in the rubber/plastics, transportation equipment, electrical equipment, electronic equipment, and construction industries.

SC +2,930 Layoffs in the manufacturing industry.

WI +3,006 Layoffs in the construction, trade, and manufacturing industries.

GA +3,313 Layoffs in the trade and manufacturing industries.

OR +4,001 Layoffs in the construction, trade, service, public administration, and manufacturing industries.

CA +7,765 Layoffs in the trade and service industries.

NY +16,481 Layoffs in the service and transportation industries.

State Detail Prior Week UI Claims Series 1967 to current

Source: Employment and Training Administration

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