Initial U.S. jobless claims increased by 37,000 last week

RP news wires
Tags: talent management, business management

In the week ending July 17, the advance figure for seasonally adjusted initial unemployment claims was 464,000, an increase of 37,000 from the previous week's revised figure of 427,000, the U.S. Department of Labor announced on July 22. The four-week moving average was 456,000, an increase of 1,250 from the previous week's revised average of 454,750.

The advance seasonally adjusted insured unemployment rate was 3.5 percent for the week ending July 10, a decrease of 0.2 percentage point from the prior week's unrevised rate of 3.7 percent.

The advance number for seasonally adjusted insured unemployment during the week ending July 10 was 4,487,000, a decrease of 223,000 from the preceding week's revised level of 4,710,000. The four-week moving average was 4,567,000, a decrease of 21,500 from the preceding week's revised average of 4,588,500.

The fiscal year-to-date average of seasonally adjusted weekly insured unemployment, which corresponds to the appropriated AWIU trigger, was 5.046 million. 

Unadjusted data: The advance number of actual initial claims under state programs, unadjusted, totaled 498,022 in the week ending July 17, a decrease of 13,113 from the previous week. There were 585,575 initial claims in the comparable week in 2009.

The advance unadjusted insured unemployment rate was 3.6 percent during the week ending July 10, an increase of 0.1 percentage point from the prior week. The advance unadjusted number for persons claiming unemployment insurance benefits in state programs totaled 4,581,351, an increase of 186,572 from the preceding week. A year earlier, the rate was 4.7 percent and the volume was 6,256,960.

Extended benefits were available in Alaska, Connecticut, Kansas, Michigan, Minnesota, New Hampshire, New Jersey, New Mexico, North Carolina, Oregon, Puerto Rico, Rhode Island, Vermont and Washington during the week ending July 3.

Initial claims for unemployment insurance benefits by former Federal civilian employees totaled 3,197 in the week ending July 10, an increase of 640 from the prior week. There were 2,705 initial claims by newly discharged veterans, an increase of 8 from the preceding week.

There were 19,870 former Federal civilian employees claiming unemployment insurance benefits for the week ending July 3, an increase of 1,103 from the previous week. Newly discharged veterans claiming benefits totaled 38,499, an increase of 866 from the prior week.

States reported 3,483,940 persons claiming EUC (Emergency Unemployment Compensation) benefits for the week ending July 3, a decrease of 404,049 from the prior week. There were 2,706,195 claimants in the comparable week in 2009. EUC weekly claims include first-, second-, third- and fourth-tier activity.

The highest insured unemployment rates in the week ending July 3 were in Puerto Rico (7.0 percent), Oregon (4.9), Pennsylvania (4.8), Alaska (4.5), Nevada (4.5), Connecticut (4.4), Massachusetts (4.4), New Jersey (4.4), California (4.1) and Wisconsin (4.1).

The largest increases in initial claims for the week ending July 10 were in New York (+18,047), Indiana (+9,094), Michigan (+7,758), Georgia (+6,268) and Florida (+5,568), while the largest decreases were in New Jersey (-10,585), California (-8,034), Massachusetts (-3,343), Illinois (-1,327) and Oregon (-987).