30 August 2012

• U.S. Initial Unemployment Claims - 25 AUG 2012


In the week ending August 25, the advance figure for seasonally adjusted initial claims was 374,000, unchanged from the previous week's revised figure of 374,000 but down 8.1% from the same week a year ago. The 4-week moving average was 370,250, an increase of 1,500 from the previous week's revised average of 368,750.

Click on chart to enlarge

The advance seasonally adjusted insured unemployment rate was 2.6 percent for the week ending August 18, unchanged from the prior week's unrevised rate.

The highest insured unemployment rates in the week ending August 11 were in Puerto Rico (4.4), theVirgin Islands (4.1), Pennsylvania (3.9), New Jersey (3.8), Connecticut (3.6), Alaska (3.6), California (3.4), Rhode Island (3.1), New York (3.0), and Nevada (3.0).

The largest increases in initial claims for the week ending August 18 were in Michigan (+2,383), Florida (+1,558), Colorado (+781), South Carolina (+774), and Texas (+517), while the largest decreases were in California (-5,549), Ohio (-1,379), Oregon (-1,098), Wisconsin (-539), and Virginia (-480).

Note: “Insured unemployment rate” refers to individuals who are unemployed and receiving UC benefits.

Source: USDOL-BLS


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