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Seasonally adjusted insured unemployment rate decrease
20
Jun '08
Seasonally Adjusted Data: In the week ending June 14, the advance figure for seasonally adjusted initial claims was 381,000, a decrease of 5,000 from the previous week's revised figure of 386,000. The 4-week moving average was 375,250, an increase of 3,250 from the previous week's revised average of 372,000.

The advance seasonally adjusted insured unemployment rate was 2.3 percent for the week ending June 7, a decrease of 0.1 percentage point from the prior week's unrevised rate of 2.4 percent.

The advance number for seasonally adjusted insured unemployment during the week ending June 7 was 3,060,000, a decrease of 76,000 from the preceding week's revised level of 3,136,000. The 4-week moving average was 3,096,500, a decrease of 2,000 from the preceding week's revised average of 3,098,500.

The fiscal year-to-date average for seasonally adjusted insured unemployment for all programs is 2.900 million.

Unadjusted Data: The advance number of actual initial claims under state programs, unadjusted, totaled 346,679 in the week ending June 14, a decrease of 26,208 from the previous week. There were 290,951 initial claims in the comparable week in 2007.

The advance unadjusted insured unemployment rate was 2.1 percent during the week ending June 7, unchanged from the prior week. The advance unadjusted number for persons claiming UI benefits in state programs totaled 2,803,210, a decrease of 25,417 from the preceding week. A year earlier, the rate was 1.7 percent and the volume was 2,298,047.

Extended benefits were not available in any state during the week ending May 31.

Initial claims for UI benefits by former Federal civilian employees totaled 1,168 in the week ending June 7, an increase of 11 from the prior week. There were 1,596 initial claims by newly discharged veterans, an increase of 480 from the preceding week.

There were 10,835 former Federal civilian employees claiming UI benefits for the week ending May 31, an increase of 183 from the previous week. Newly discharged veterans claiming benefits totaled 19,892, an increase of 543 from the prior week.

The highest insured unemployment rates in the week ending May 31 were in Puerto Rico (4.0 percent), Alaska (3.4), Oregon (3.2), California (3.1), Michigan (3.0), Pennsylvania (2.9), New Jersey (2.8), Rhode Island (2.8), Arkansas (2.7), and Nevada (2.7).

The largest increases in initial claims for the week ending June 7 were in California (+10,778), Florida (+6,164), Pennsylvania (+5,762), Georgia (+5,452), and Kentucky (+4,966), while the largest decreases were in Wisconsin (-1,382), Mississippi (-557), Alabama (-526), Vermont (-370), and Kansas (-251).

U.S. Department of Labor

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