Impact of weekly unemployment insurance claims

Seasonally Adjusted Data: In the week ending June 29, the advance number for seasonally adjusted initial claims was 238,000, an increase of 4,000 and from the level of the previous week. The previous week’s level was revised upward by 1,000 from 233,000 to 234,000. The 4-week moving average was 238,500, an increase of 2,250 from the previous week’s revised average. The week’s average was revised by 250 from 236,000 to 236,250.

The seasonally adjusted insured unemployment rate was 1.2% for the week ending June 22, unchanged from the previous week’s unadjusted rate. The advance figure for seasonally adjusted insured unemployment during the week ending June 22 was 1,858,000, an increase of 26,000 from the previous week’s revised level. This is the highest level of insured unemployment since November 27, 2021 when it was 1,878,000. The previous week’s level has been adjusted

Down 7,000 from 1,839,000 to 1,832,000. The 4-week moving average was 1,831,000, an increase of 16,750 from the average. The average for the previous week. This is the highest level for this average since December 4, 2021 when it was

1,859,750. The previous week’s average was revised down by 1,750 from 1,816,000 to 1,814,250.

Unadjusted data: The advance number of actual initial claims under state programs, unadjusted, was 238,149 in the week ending in June.

September 29, an increase of 13,049 (or 5.8 percent) from the previous week. Seasonal factors were predicting an increase of 8649 (or 3.8 percent) from the previous week. There were 251,705 initial claims in the comparable week of 2023. The unadjusted insured unemployment rate was 1.2 percent during the week ending June 22, unchanged from the previous week. The total unadjusted level of unemployment insured in state programs was 1,823,032, an increase of 75,090 (or 4.3 percent) from the previous week.

Continuous weeks claimed for benefits

The total number of continuous weeks claimed for benefits across all programs for the week ending June 15 was 1,772,043,

An increase of 20,932 from the previous week. 1,699,574 weekly claims were filed for benefits across all programs in a similar week in 2023. No Extended Benefits status was active during the week ending June 15. Initial claims for unemployment insurance benefits filed by former federal civilian employees totaled 335 in the week ending June 22, a record high. Down 9 points from the previous week. There were 382 initial claims filed by newly discharged veterans, a decrease of 3 from

Previous week: There were 4,526 continuing weeks claimed by former federal civilian employees in the week ending June 15, down 27 from the previous week. The total number of newly discharged veterans claiming benefits was 4,469, an increase of 175 from the previous week. The highest rates of insured unemployment in the week ending June 15 were in New Jersey (2.2), California (2.1), Minnesota (2.0), Puerto Rico (1.9), Pennsylvania (1.7), Rhode Island (1.7), Washington (1.7), and Illinois. (1.6), Nevada

(1.6, Massachusetts (1.5), and New York (1.5). The largest increases in initial claims for the week ending June 22 were in New Jersey (+5,371), Massachusetts (+3,785), Connecticut (+1,243), Oregon (+968), and Rw. Island (+810), while the largest declines were in Minnesota (-2,993), Texas (-2,495), and Pennsylvania (-2,454).

Seasonally Adjusted Data, NSA – Non-Seasonally Adjusted Data Continuous weeks claimed represent all weeks of benefits claimed during the week reported, and do not represent weeks claimed by unique individuals.

  1. The previous year is comparable to the latest data.
  2. The last week used covered employment of 150,520,106 as the denominator.

3.Some states maintain supplemental benefit programs for claimants who have exhausted regular benefits, and when benefits are applicable and extended.

News release and weekly unemployment insurance claims

Claims submitted cannot be directly compared to claims reported in previous weeks. Advance claims are reported by the state responsible for paying unemployment compensation, while claims reported in prior weeks reflect claimants’ place of residence. Additionally, claims reported as Work Share Equivalent in the previous week are added to the claims advance as a replacement for Work Share Equivalent activity for the current week

Technical Notes: This news release presents the weekly Unemployment Insurance (UI) claims reported by each state’s unemployment insurance program offices. These claims can be used to monitor workload, evaluate state program and operations, and evaluate labor market conditions. States initially report claims taken by the state directly responsible for damages and benefit payments, regardless of the residence of the claimant filing the claim. These are the basis of the initial progression

Claims and ongoing claims reported every week. This data comes from ETA 538, the initial Advance Weekly and the Continuing Claims Report. Initial claims, continuing claims the following week based on a second claim, and reports are reviewed by states reflecting claimants by state of residence. This data comes from ETA 539, weekly claims

Extended benefits activation data report:

  1. Initial claims

An initial claim is a claim filed by an unemployed individual after separating from their employer. The plaintiff asks

Determine basic eligibility for the UI program. When an initial claim is submitted to the state, it is programmatic specific

Activities occur and this results in activity counts including the number of initial claims. Initial count of the United States

Unemployment insurance claims are considered a leading economic indicator because they are an indicator of an emerging labor market

Conditions in the country. However, this is weekly administrative data that is difficult to adjust seasonally

The series is subject to some fluctuations.

Continuing Weeks Claimed: A person who has already filed an initial claim and who has experienced a week of unemployment files a continuing claim to claim benefits for that week of unemployment. On a weekly basis, continuing claims are also referred to as insured unemployment, as continuing claims reflect a good estimate of the current number of insured unemployed and workers filing for UI benefits. The number of continuous weeks in the United States is also a good indicator of job market conditions. While continuing claims are not a leading indicator (they roughly coincide with economic cycles at their peak). And the lag at the lowest levels of the cycle), it provides confirmed evidence of the direction of the American economy

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