Initial U.S. jobless claims decreased by 11,000 last week

RP news wires
Tags: business management, talent management

In the week ending July 24, the advance figure for seasonally adjusted initial unemployment claims was 457,000, a decrease of 11,000 from the previous week's revised figure of 468,000, the U.S. Department of Labor reported on July 29. The four-week moving average was 452,500, a decrease of 4,500 from the previous week's revised average of 457,000.

The advance seasonally adjusted insured unemployment rate was 3.6 percent for the week ending July 17, an increase of 0.1 percentage point from the prior week's unrevised rate of 3.5 percent.

The advance number for seasonally adjusted insured unemployment during the week ending July 17 was 4,565,000, an increase of 81,000 from the preceding week's revised level of 4,484,000. The four-week moving average was 4,548,250, a decrease of 18,000 from the preceding week's revised average of 4,566,250.

The fiscal year-to-date average of seasonally adjusted weekly insured unemployment, which corresponds to the appropriated AWIU trigger, was 5.037 million. 

Unadjusted data:The advance number of actual initial claims under state programs, unadjusted, totaled 411,107 in the week ending July 24, a decrease of 91,366 from the previous week. There were 511,628 initial claims in the comparable week in 2009.

The advance unadjusted insured unemployment rate was 3.6 percent during the week ending July 17, unchanged from the prior week. The advance unadjusted number for persons claiming unemployment insurance benefits in state programs totaled 4,564,922, a decrease of 12,920 from the preceding week. A year earlier, the rate was 4.6 percent and the volume was 6,104,047.

Extended benefits were available in Alabama, Alaska, Arizona, California, Colorado, Connecticut, Delaware, the District of Columbia, Georgia, Idaho, Illinois, Indiana, Kansas, Kentucky, Maine, Massachusetts, Michigan, Minnesota, Missouri, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, Ohio, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, Tennessee, Texas, Virginia, Washington, West Virginia and Wisconsin during the week ending July 10.

Initial claims for unemployment insurance benefits by former federal civilian employees totaled 3,281 in the week ending July 17, an increase of 84 from the prior week. There were 2,916 initial claims by newly discharged veterans, an increase of 211 from the preceding week.

There were 21,060 former federal civilian employees claiming unemployment insurance benefits for the week ending July 10, an increase of 1,190 from the previous week. Newly discharged veterans claiming benefits totaled 42,010, an increase of 3,511 from the prior week.

States reported 3,253,636 persons claiming EUC (Emergency Unemployment Compensation) benefits for the week ending July 10, a decrease of 230,304 from the prior week. There were 2,732,277 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 10 were in Puerto Rico (6.9 percent), Pennsylvania (5.1), Oregon (5.0), New Jersey (4.8), Nevada (4.6), Wisconsin (4.6), California (4.5), Connecticut (4.5), Massachusetts (4.5) and Alaska (4.4).

The largest increases in initial claims for the week ending July 17 were in California (+19,809), South Carolina (+5,115), North Carolina (+4,512), Illinois (+3,183) and Tennessee (+3,066), while the largest decreases were in New York (-19,552), Indiana (-5,146), Michigan (-4,491), Pennsylvania (-3,390) and Florida (-2,138). 


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