U.S. jobless claims jump to 16-year high

U.S. jobless claims jump to 16-year high

WASHINGTON - New claims for unemployment benefits jumped last week to a 16-year high, the Labor Department said Thursday, providing more evidence of a rapidly weakening job market expected to get even worse next year.

The government said new applications for jobless benefits rose to a seasonally adjusted 542,000 from a downwardly revised figure of 515,000 in the previous week. That’s much higher than Wall Street economists’ expectations of 505,000, according to a survey by Thomson Reuters.

That is also the highest level of claims since July 1992, the department said, when the U.S. economy was coming out of a recession.

The four-week average of claims, which smooths out fluctuations, was even worse: it rose to 506,500, the highest in more than 25 years.

In addition, the number of people continuing to claim unemployment insurance rose sharply for the third straight week to more than 4 million, the highest since December 1982, when the economy was in a painful recession.

Those figures partly reflect growth in the labor force, which has increased by about half since the early 1980s.

The figures likely will cause some economists to increase their projections for the unemployment rate this year. Many already expect unemployment to reach 7 percent by early next year and 8 percent by the end of 2009.

The rate in October was 6.5 percent, and last year the rate averaged 4.6 percent.

The Federal Reserve on Wednesday released projections that the jobless rate will climb to between 7.1 percent and 7.6 percent next year, according to documents from the Fed’s Oct. 29 closed-door deliberations on interest rate policy.

Initial claims have been driven higher in the past several months by a slowing economy hit by the financial crisis, and cutbacks in consumer and business spending.

Economists consider jobless claims a timely, if volatile, indication of how rapidly companies are laying off workers. Employees who quit or are fired for cause are not eligible for benefits.

Several companies announced mass layoffs in the past week, including Citigroup Inc., Union Pacific Corp. and Sun Microsystems Inc.

UNEMPLOYMENT INSURANCE WEEKLY CLAIMS REPORT

      SEASONALLY ADJUSTED DATA

In the week ending Nov. 15, the advance figure for seasonally adjusted initial claims was 542,000, an increase of 27,000 from the previous week’s revised figure of 515,000. The 4-week moving average was 506,500, an increase of 15,750 from the previous week’s revised average of 490,750.

The advance seasonally adjusted insured unemployment rate was 3.0 percent for the week ending Nov. 8, an increase of 0.1 percentage point from the prior week’s unrevised rate of 2.9 percent.

The advance number for seasonally adjusted insured unemployment during the week ending Nov. 8 was 4,012,000, an increase of 109,000 from the preceding week’s revised level of 3,903,000. The 4-week moving average was 3,867,000, an increase of 71,250 from the preceding week’s revised average of 3,795,750. 

UNADJUSTED DATA

The advance number of actual initial claims under state programs, unadjusted, totaled 511,941 in the week ending Nov. 15, a decrease of 26,717 from the previous week. There were 323,124 initial claims in the comparable week in 2007.

The advance unadjusted insured unemployment rate was 2.6 percent during the week ending Nov. 8, unchanged from the prior week. The advance unadjusted number for persons claiming UI benefits in state programs totaled 3,518,151, an increase of 60,257 from the preceding week. A year earlier, the rate was 1.7 percent and the volume was 2,293,829.

Extended benefits were available in North Carolina and Rhode Island during the week ending Nov. 1.

Initial claims for UI benefits by former Federal civilian employees totaled 1,477 in the week ending Nov. 8, an increase of 18 from the prior week. There were 1,732 initial claims by newly discharged veterans, an increase of 124 from the preceding week.

There were 14,297 former Federal civilian employees claiming UI benefits for the week ending Nov. 1, a decrease of 222 from the previous week. Newly discharged veterans claiming benefits totaled 23,603, an increase of 160 from the prior week.

States reported 713,059 persons claiming EUC (Emergency Unemployment Compensation) benefits for the week ending Nov. 1, a decrease of 43,624 from the prior week.

The highest insured unemployment rates in the week ending Nov. 1 were in Puerto Rico (5.3 percent), Oregon (3.9), California (3.7), Nevada (3.7), Michigan (3.5), Alaska (3.4), Pennsylvania (3.4), South Carolina (3.4), New Jersey (3.3), Arkansas (3.2), and North Carolina (3.2).

The largest increases in initial claims for the week ending Nov. 8 were in California (+15,532), North Carolina (+6,453), Tennessee (+5,067), New Jersey (+4,706), and New York (+3,680), while the largest decreases were in Kentucky (-1,562), Puerto Rico (-875), Delaware (-751), Maine (-349), and Rhode Island (-335).

Girl In the OC - 20 November 2008 08:03 PM

UNEMPLOYMENT INSURANCE WEEKLY CLAIMS REPORT

      SEASONALLY ADJUSTED DATA

In the week ending Nov. 15, the advance figure for seasonally adjusted initial claims was 542,000, an increase of 27,000 from the previous week’s revised figure of 515,000. The 4-week moving average was 506,500, an increase of 15,750 from the previous week’s revised average of 490,750.

The advance seasonally adjusted insured unemployment rate was 3.0 percent for the week ending Nov. 8, an increase of 0.1 percentage point from the prior week’s unrevised rate of 2.9 percent.

The advance number for seasonally adjusted insured unemployment during the week ending Nov. 8 was 4,012,000, an increase of 109,000 from the preceding week’s revised level of 3,903,000. The 4-week moving average was 3,867,000, an increase of 71,250 from the preceding week’s revised average of 3,795,750. 

UNADJUSTED DATA

The advance number of actual initial claims under state programs, unadjusted, totaled 511,941 in the week ending Nov. 15, a decrease of 26,717 from the previous week. There were 323,124 initial claims in the comparable week in 2007.

The advance unadjusted insured unemployment rate was 2.6 percent during the week ending Nov. 8, unchanged from the prior week. The advance unadjusted number for persons claiming UI benefits in state programs totaled 3,518,151, an increase of 60,257 from the preceding week. A year earlier, the rate was 1.7 percent and the volume was 2,293,829.

Extended benefits were available in North Carolina and Rhode Island during the week ending Nov. 1.

Initial claims for UI benefits by former Federal civilian employees totaled 1,477 in the week ending Nov. 8, an increase of 18 from the prior week. There were 1,732 initial claims by newly discharged veterans, an increase of 124 from the preceding week.

There were 14,297 former Federal civilian employees claiming UI benefits for the week ending Nov. 1, a decrease of 222 from the previous week. Newly discharged veterans claiming benefits totaled 23,603, an increase of 160 from the prior week.

States reported 713,059 persons claiming EUC (Emergency Unemployment Compensation) benefits for the week ending Nov. 1, a decrease of 43,624 from the prior week.

The highest insured unemployment rates in the week ending Nov. 1 were in Puerto Rico (5.3 percent), Oregon (3.9), California (3.7), Nevada (3.7), Michigan (3.5), Alaska (3.4), Pennsylvania (3.4), South Carolina (3.4), New Jersey (3.3), Arkansas (3.2), and North Carolina (3.2).

The largest increases in initial claims for the week ending Nov. 8 were in California (+15,532), North Carolina (+6,453), Tennessee (+5,067), New Jersey (+4,706), and New York (+3,680), while the largest decreases were in Kentucky (-1,562), Puerto Rico (-875), Delaware (-751), Maine (-349), and Rhode Island (-335).

Thanks for posting up cutie.  Looks like we are on our way to 600,000+ unemployment insurance weekly claims in short order.

Orange County gains 2,200 jobs over the month, but loses 35,100 jobs over the year

The unemployment rate in the Orange County was 6.0 percent in October 2008, up from a revised 5.8 percent in September 2008, and above the year-ago estimate of 4.2 percent. This compares with an unadjusted unemployment rate of 8.0 percent for California and 6.1 percent for the nation during the same period.

I tried to warn you all, but some of you thought I was just a nutter. I am a nutter, but I have been right about these things…

Professional and business services also posted an overall loss of 10,600 jobs, led by employment declines in administrative and support services, which includes temporary help firms.

We are now at 2004 job levels. Four years of job growth has been wiped out. That means we need 2004 housing stock levels, not what we have now, nor do we need to be building more. Rapid appreciation in 2011? You are not allowed to be called an economist if you think that, because you are failing econ 101 if that is what you think.

usctrojanman29 - 20 November 2008 08:24 PM

Thanks for posting up cutie.

My advice?
Give it up!
You must have lived at home while you went to SC.
That was weak!
I expected more from you.

tenmagnet - 22 November 2008 12:43 AM

usctrojanman29 - 20 November 2008 08:24 PM

Thanks for posting up cutie.

My advice?
Give it up!
You must have lived at home while you went to SC.
That was weak!
I expected more from you.

Haha I did live at home, in the condo that I just sold when I was going to USC grad school.    I did live up in Westwood when I was going to UCLA for my undergrad.

graphrix - 22 November 2008 12:30 AM

Orange County gains 2,200 jobs over the month, but loses 35,100 jobs over the year

The unemployment rate in the Orange County was 6.0 percent in October 2008, up from a revised 5.8 percent in September 2008, and above the year-ago estimate of 4.2 percent. This compares with an unadjusted unemployment rate of 8.0 percent for California and 6.1 percent for the nation during the same period.

I tried to warn you all, but some of you thought I was just a nutter. I am a nutter, but I have been right about these things…

Professional and business services also posted an overall loss of 10,600 jobs, led by employment declines in administrative and support services, which includes temporary help firms.

We are now at 2004 job levels. Four years of job growth has been wiped out. That means we need 2004 housing stock levels, not what we have now, nor do we need to be building more. Rapid appreciation in 2011? You are not allowed to be called an economist if you think that, because you are failing econ 101 if that is what you think.

CA’s UI fund is near insolvency too.  Going to have to borrow billions from the Fed to keep paying UI claims…

And yet home prices in Irvine make no material downward movement…  When is it gonna happen Nutter?  I’m getting impatient for 2003 price levels.

UNEMPLOYMENT INSURANCE WEEKLY CLAIMS REPORT

      SEASONALLY ADJUSTED DATA

In the week ending Nov. 22, the advance figure for seasonally adjusted initial claims was 529,000, a decrease of 14,000 from the previous week’s revised figure of 543,000. The 4-week moving average was 518,000, an increase of 11,000 from the previous week’s revised average of 507,000.

The advance seasonally adjusted insured unemployment rate was 3.0 percent for the week ending Nov. 15, unchanged from the prior week’s unrevised rate of 3.0 percent.

The advance number for seasonally adjusted insured unemployment during the week ending Nov. 15 was 3,962,000, a decrease of 54,000 from the preceding week’s revised level of 4,016,000. The 4-week moving average was 3,929,000, an increase of 60,250 from the preceding week’s revised average of 3,868,750. 

UNADJUSTED DATA

The advance number of actual initial claims under state programs, unadjusted, totaled 606,877 in the week ending Nov. 22, an increase of 93,877 from the previous week. There were 324,047 initial claims in the comparable week in 2007.

The advance unadjusted insured unemployment rate was 2.8 percent during the week ending Nov. 15, an increase of 0.2 percentage point from the prior week. The advance unadjusted number for persons claiming UI benefits in state programs totaled 3,748,005, an increase of 226,034 from the preceding week. A year earlier, the rate was 1.7 percent and the volume was 2,217,292.

Extended benefits were available in North Carolina and Rhode Island during the week ending Nov. 8.

Initial claims for UI benefits by former Federal civilian employees totaled 1,898 in the week ending Nov. 15, an increase of 400 from the prior week. There were 1,585 initial claims by newly discharged veterans, a decrease of 191 from the preceding week.

There were 14,827 former Federal civilian employees claiming UI benefits for the week ending Nov. 8, an increase of 538 from the previous week. Newly discharged veterans claiming benefits totaled 23,317, a decrease of 329 from the prior week.

States reported 708,083 persons claiming EUC (Emergency Unemployment Compensation) benefits for the week ending Nov. 8, a decrease of 4,976 from the prior week.

The highest insured unemployment rates in the week ending Nov. 8 were in Puerto Rico (5.0 percent), Oregon (4.2), Michigan (3.8), Nevada (3.8), South Carolina (3.6), New Jersey (3.5), Pennsylvania (3.5), Alaska (3.4), Arkansas (3.4), and California (3.4).

The largest increases in initial claims for the week ending Nov. 15 were in Illinois (+5,285), Michigan (+2,697), Wisconsin (+1,551), Indiana (+1,549), and Missouri (+1,487), while the largest decreases were in California (-9,436), Tennessee (-4,566), North Carolina (-4,512), New Jersey (-3,729), and Florida (-2,686).

Economy lost another 533,000 jobs in Nov.
Worst month since December 1974 brings total this year to 1.9 million

WASHINGTON - Skittish employers slashed 533,000 jobs in November, the most in 34 years, catapulting the unemployment rate to 6.7 percent, dramatic proof the country is careening deeper into recession.

Economy lost another 533,000 jobs in November

Job losses in September and October also turned out to be much worse. Employers cut 403,000 jobs in September, versus 284,000 previously estimated. Another 320,000 were chopped in October, compared with an initial estimate of 240,000.

At 12 months and counting, the recession is longer than the 10-month average length of recessions since World War II. The record for the longest recession in the postwar period is 16 months, which was reached in the 1973-75 and 1981-82 downturns. The current recession might end up matching that or setting a record in terms of duration, analysts say.

UNEMPLOYMENT INSURANCE WEEKLY CLAIMS REPORT

      SEASONALLY ADJUSTED DATA

In the week ending Dec. 6, the advance figure for seasonally adjusted initial claims was 573,000, an increase of 58,000 from the previous week’s revised figure of 515,000. The 4-week moving average was 540,500, an increase of 14,250 from the previous week’s revised average of 526,250.

The advance seasonally adjusted insured unemployment rate was 3.3 percent for the week ending Nov. 29, an increase of 0.2 percentage point from the prior week’s unrevised rate of 3.1 percent.

The advance number for seasonally adjusted insured unemployment during the week ending Nov. 29 was 4,429,000, an increase of 338,000 from the preceding week’s revised level of 4,091,000. The 4-week moving average was 4,133,500, an increase of 130,750 from the preceding week’s revised average of 4,002,750. 

UNADJUSTED DATA

The advance number of actual initial claims under state programs, unadjusted, totaled 757,481 in the week ending Dec. 6, an increase of 221,735 from the previous week. There were 423,130 initial claims in the comparable week in 2007.

The advance unadjusted insured unemployment rate was 3.4 percent during the week ending Nov. 29, an increase of 0.7 percentage point from the prior week. The advance unadjusted number for persons claiming UI benefits in state programs totaled 4,490,760, an increase of 837,333 from the preceding week. A year earlier, the rate was 2.0 percent and the volume was 2,623,051.

Extended benefits were available in North Carolina and Rhode Island during the week ending Nov. 22.

Initial claims for UI benefits by former Federal civilian employees totaled 1,665 in the week ending Nov. 29, a decrease of 291 from the prior week. There were 1,275 initial claims by newly discharged veterans, a decrease of 555 from the preceding week.

There were 15,656 former Federal civilian employees claiming UI benefits for the week ending Nov. 22, an increase of 107 from the previous week. Newly discharged veterans claiming benefits totaled 22,286, a decrease of 2,139 from the prior week.

States reported 673,949 persons claiming EUC (Emergency Unemployment Compensation) benefits for the week ending Nov. 22, a decrease of 35,949 from the prior week.

The highest insured unemployment rates in the week ending Nov. 22 were in Puerto Rico (5.0 percent), Oregon (4.5), Michigan (4.3), Nevada (4.1), Idaho (3.9), Alaska (3.8), Pennsylvania (3.7), South Carolina (3.7), New Jersey (3.6), and Wisconsin (3.5).

The largest increases in initial claims for the week ending Nov. 29 were in Wisconsin (+16,331), Iowa (+6,240), Arkansas (+1,509), Mississippi (+1,398), and North Dakota (+1,391), while the largest decreases were in California (-20,304), Florida (-8,626), Missouri (-8,347), Michigan (-7,323), and Texas (-7,129).

UNEMPLOYMENT INSURANCE WEEKLY CLAIMS REPORT

      SEASONALLY ADJUSTED DATA

In the week ending Dec. 20, the advance figure for seasonally adjusted initial claims was 586,000, an increase of 30,000 from the previous week’s revised figure of 556,000. The 4-week moving average was 558,000, an increase of 13,750 from the previous week’s revised average of 544,250.

The advance seasonally adjusted insured unemployment rate was 3.3 percent for the week ending Dec. 13, unchanged from the prior week’s unrevised rate of 3.3 percent.

The advance number for seasonally adjusted insured unemployment during the week ending Dec. 13 was 4,370,000, a decrease of 17,000 from the preceding week’s revised level of 4,387,000. The 4-week moving average was 4,319,750, an increase of 93,000 from the preceding week’s revised average of 4,226,750. 

UNADJUSTED DATA

The advance number of actual initial claims under state programs, unadjusted, totaled 715,496 in the week ending Dec. 20, an increase of 85,629 from the previous week. There were 456,272 initial claims in the comparable week in 2007.

The advance unadjusted insured unemployment rate was 3.4 percent during the week ending Dec. 13, an increase of 0.1 percentage point from the prior week. The advance unadjusted number for persons claiming UI benefits in state programs totaled 4,592,793, an increase of 214,520 from the preceding week. A year earlier, the rate was 2.1 percent and the volume was 2,813,055.

Extended benefits were available in North Carolina and Rhode Island during the week ending Dec. 6.

Initial claims for UI benefits by former Federal civilian employees totaled 2,199 in the week ending Dec. 13, an increase of 144 from the prior week. There were 2,056 initial claims by newly discharged veterans, a decrease of 34 from the preceding week.

There were 18,460 former Federal civilian employees claiming UI benefits for the week ending Dec. 6, an increase of 281 from the previous week. Newly discharged veterans claiming benefits totaled 24,744, a decrease of 1,563 from the prior week.

States reported 1,426,540 persons claiming EUC (Emergency Unemployment Compensation) benefits for the week ending Dec. 6, an increase of 492,078 from the prior week.

The highest insured unemployment rates in the week ending Dec. 6 were in Oregon (5.2 percent), Puerto Rico (5.2), Michigan (4.9), Idaho (4.7), Pennsylvania (4.7), Nevada (4.6), Wisconsin (4.3), South Carolina (4.2), California (4.1), Alaska (4.0), Arkansas (4.0), and New Jersey (4.0).

The largest increases in initial claims for the week ending Dec. 13 were in Oklahoma (+1,590), Connecticut (+1,286), Illinois (+962), Maine (+707), and Utah (+402), while the largest decreases were in North Carolina (-20,526), California (-16,493), Pennsylvania (-12,438), Georgia (-12,053), and South Carolina (-8,432).

UNEMPLOYMENT INSURANCE WEEKLY CLAIMS REPORT

      SEASONALLY ADJUSTED DATA

In the week ending Dec. 27, the advance figure for seasonally adjusted initial claims was 492,000, a decrease of 94,000 from the previous week’s unrevised figure of 586,000. The 4-week moving average was 552,250, a decrease of 5,750 from the previous week’s unrevised average of 558,000.

The advance seasonally adjusted insured unemployment rate was 3.4 percent for the week ending Dec. 20, an increase of 0.1 percentage point from the prior week’s unrevised rate of 3.3 percent.

The advance number for seasonally adjusted insured unemployment during the week ending Dec. 20 was 4,506,000, an increase of 140,000 from the preceding week’s revised level of 4,366,000. The 4-week moving average was 4,422,500, an increase of 103,750 from the preceding week’s revised average of 4,318,750. 

UNADJUSTED DATA

The advance number of actual initial claims under state programs, unadjusted, totaled 718,468 in the week ending Dec. 27, an increase of 1,892 from the previous week. There were 507,908 initial claims in the comparable week in 2007.

The advance unadjusted insured unemployment rate was 3.4 percent during the week ending Dec. 20, unchanged from the prior week. The advance unadjusted number for persons claiming UI benefits in state programs totaled 4,568,685, a decrease of 19,701 from the preceding week. A year earlier, the rate was 2.1 percent and the volume was 2,812,156.

Extended benefits were available in North Carolina, Oregon, and Rhode Island during the week ending Dec. 13.

Initial claims for UI benefits by former Federal civilian employees totaled 1,610 in the week ending Dec. 20, a decrease of 589 from the prior week. There were 1,974 initial claims by newly discharged veterans, a decrease of 82 from the preceding week.

There were 18,787 former Federal civilian employees claiming UI benefits for the week ending Dec. 13, an increase of 327 from the previous week. Newly discharged veterans claiming benefits totaled 25,547, an increase of 803 from the prior week.

States reported 1,561,311 persons claiming EUC (Emergency Unemployment Compensation) benefits for the week ending Dec. 13, an increase of 84,941 from the prior week.

The highest insured unemployment rates in the week ending Dec. 13 were in Michigan (5.5 percent), Oregon (5.3), Puerto Rico (5.1), Idaho (4.9), Nevada (4.8), Pennsylvania (4.8), Alaska (4.7), Wisconsin (4.5), California (4.2), New Jersey (4.2), Rhode Island (4.2), and South Carolina (4.2).

The largest increases in initial claims for the week ending Dec. 20 were in California (+20,866), Kentucky (+13,337), Michigan (+8,160), Missouri (+7,091), and Indiana (+6,795), while the largest decreases were in Massachusetts (-4,016), Georgia (-3,525), New Jersey (-1,866), Tennessee (-1,649), and Illinois (-1,194).

UNEMPLOYMENT INSURANCE WEEKLY CLAIMS REPORT

      SEASONALLY ADJUSTED DATA

In the week ending Jan. 3, the advance figure for seasonally adjusted initial claims was 467,000, a decrease of 24,000 from the previous week’s revised figure of 491,000. The 4-week moving average was 525,750, a decrease of 27,000 from the previous week’s revised average of 552,750.

The advance seasonally adjusted insured unemployment rate was 3.4 percent for the week ending Dec. 27, unchanged from the prior week’s unrevised rate of 3.4 percent.

The advance number for seasonally adjusted insured unemployment during the week ending Dec. 27 was 4,611,000, an increase of 101,000 from the preceding week’s revised level of 4,510,000. The 4-week moving average was 4,470,000, an increase of 45,000 from the preceding week’s revised average of 4,425,000. 

UNADJUSTED DATA

The advance number of actual initial claims under state programs, unadjusted, totaled 726,420 in the week ending Jan. 3, an increase of 9,420 from the previous week. There were 521,311 initial claims in the comparable week in 2008.

The advance unadjusted insured unemployment rate was 4.0 percent during the week ending Dec. 27, an increase of 0.6 percentage point from the prior week. The advance unadjusted number for persons claiming UI benefits in state programs totaled 5,316,124, an increase of 743,487 from the preceding week. A year earlier, the rate was 2.5 percent and the volume was 3,273,400.

Extended benefits were available in North Carolina, Oregon, and Rhode Island during the week ending Dec. 20.

Initial claims for UI benefits by former Federal civilian employees totaled 1,420 in the week ending Dec. 27, a decrease of 193 from the prior week. There were 1,116 initial claims by newly discharged veterans, a decrease of 841 from the preceding week.

There were 19,144 former Federal civilian employees claiming UI benefits for the week ending Dec. 20, an increase of 199 from the previous week. Newly discharged veterans claiming benefits totaled 24,088, a decrease of 1,410 from the prior week.

States reported 1,922,497 persons claiming EUC (Emergency Unemployment Compensation) benefits for the week ending Dec. 20, an increase of 359,728 from the prior week.

The highest insured unemployment rates in the week ending Dec. 20 were in Oregon (6.1 percent), Idaho (5.3), Michigan (5.2), Nevada (5.1), Puerto Rico (5.0), Pennsylvania (4.7), Wisconsin (4.7), South Carolina (4.4), Arkansas (4.3), Indiana (4.2), New Jersey (4.2), and Washington (4.2).

The largest increases in initial claims for the week ending Dec. 27 were in Wisconsin (+16,081), Michigan (+10,524), Kansas (+10,485), Massachusetts (+10,265), and New Jersey (+7,330), while the largest decreases were in Texas (-13,232), California (-9,702), Florida (-8,566), Virginia (-5,943), and South Carolina (-4,678).

UNEMPLOYMENT INSURANCE WEEKLY CLAIMS REPORT

      SEASONALLY ADJUSTED DATA

In the week ending Jan. 10, the advance figure for seasonally adjusted initial claims was 524,000, an increase of 54,000 from the previous week’s revised figure of 470,000. The 4-week moving average was 518,500, a decrease of 8,000 from the previous week’s revised average of 526,500.

The advance seasonally adjusted insured unemployment rate was 3.4 percent for the week ending Jan. 3, unchanged from the prior week’s unrevised rate of 3.4 percent.

The advance number for seasonally adjusted insured unemployment during the week ending Jan. 3 was 4,497,000, a decrease of 115,000 from the preceding week’s revised level of 4,612,000. The 4-week moving average was 4,497,750, an increase of 27,500 from the preceding week’s revised average of 4,470,250. 

UNADJUSTED DATA

The advance number of actual initial claims under state programs, unadjusted, totaled 952,151 in the week ending Jan. 10, an increase of 220,205 from the previous week. There were 547,506 initial claims in the comparable week in 2008.

The advance unadjusted insured unemployment rate was 4.4 percent during the week ending Jan. 3, an increase of 0.4 percentage point from the prior week. The advance unadjusted number for persons claiming UI benefits in state programs totaled 5,832,746, an increase of 515,294 from the preceding week. A year earlier, the rate was 2.6 percent and the volume was 3,508,053.

Extended benefits were available in North Carolina, Oregon, and Rhode Island during the week ending Dec. 27.

Initial claims for UI benefits by former Federal civilian employees totaled 1,435 in the week ending Jan. 3, an increase of 15 from the prior week. There were 1,544 initial claims by newly discharged veterans, an increase of 428 from the preceding week.

There were 19,697 former Federal civilian employees claiming UI benefits for the week ending Dec. 27, an increase of 553 from the previous week. Newly discharged veterans claiming benefits totaled 25,890, an increase of 1,802 from the prior week.

States reported 1,653,523 persons claiming EUC (Emergency Unemployment Compensation) benefits for the week ending Dec. 27, a decrease of 268,974 from the prior week.

The highest insured unemployment rates in the week ending Dec. 27 were in Oregon (7.4 percent), Michigan (6.6), Idaho (6.3), Wisconsin (6.0), South Carolina (5.4), Arkansas (5.3), Nevada (5.2), Pennsylvania (5.2), Indiana (5.1), and Montana (5.1).

The largest increases in initial claims for the week ending Jan. 3 were in New York (+24,465), North Carolina (+19,749), Georgia (+18,308), South Carolina (+14,905), and Virginia (+7,362), while the largest decreases were in California (-14,796), Kansas (-13,313), Michigan (-11,956), Illinois (-9,727), and Ohio (-7,499).

UNEMPLOYMENT INSURANCE WEEKLY CLAIMS REPORT

      SEASONALLY ADJUSTED DATA

In the week ending Jan. 17, the advance figure for seasonally adjusted initial claims was 589,000, an increase of 62,000 from the previous week’s revised figure of 527,000. The 4-week moving average was 519,250, unchanged from the previous week’s revised average of 519,250.

The advance seasonally adjusted insured unemployment rate was 3.4 percent for the week ending Jan. 10, unchanged from the prior week’s unrevised rate of 3.4 percent.

The advance number for seasonally adjusted insured unemployment during the week ending Jan. 10 was 4,607,000, an increase of 97,000 from the preceding week’s revised level of 4,510,000. The 4-week moving average was 4,559,750, an increase of 58,750 from the preceding week’s revised average of 4,501,000. 

UNADJUSTED DATA

The advance number of actual initial claims under state programs, unadjusted, totaled 768,858 in the week ending Jan. 17, a decrease of 187,905 from the previous week. There were 415,149 initial claims in the comparable week in 2008.

The advance unadjusted insured unemployment rate was 4.2 percent during the week ending Jan. 10, a decrease of 0.2 percentage point from the prior week. The advance unadjusted number for persons claiming UI benefits in state programs totaled 5,638,630, a decrease of 211,240 from the preceding week. A year earlier, the rate was 2.5 percent and the volume was 3,272,000.

Extended benefits were available in North Carolina, Oregon, and Rhode Island during the week ending Jan. 3.

Initial claims for UI benefits by former Federal civilian employees totaled 2,605 in the week ending Jan. 10, an increase of 1,171 from the prior week. There were 2,316 initial claims by newly discharged veterans, an increase of 773 from the preceding week.

There were 21,070 former Federal civilian employees claiming UI benefits for the week ending Jan. 3, an increase of 1,378 from the previous week. Newly discharged veterans claiming benefits totaled 26,958, an increase of 1,068 from the prior week.

States reported 2,091,706 persons claiming EUC (Emergency Unemployment Compensation) benefits for the week ending Jan. 3, an increase of 425,928 from the prior week.

The highest insured unemployment rates in the week ending Jan. 3 were in Michigan (7.5 percent), Oregon (7.5), Idaho (6.7), Wisconsin (6.7), Pennsylvania (6.6), Indiana (5.7), Kentucky (5.7), North Carolina (5.7), South Carolina (5.6), and Rhode Island (5.5).

The largest increases in initial claims for the week ending Jan. 10 were in Michigan (+34,639), California (+22,573), Florida (+20,658), North Carolina (+15,637), and Pennsylvania (+13,848), while the largest decreases were in South Carolina (-2,682), Massachusetts (-1,882), New York (-1,852), Iowa (-1,593), and Oregon (-856).

usctrojanman29 - 22 November 2008 07:05 AM

tenmagnet - 22 November 2008 12:43 AM

usctrojanman29 - 20 November 2008 08:24 PM

Thanks for posting up cutie.

My advice?
Give it up!
You must have lived at home while you went to SC.
That was weak!
I expected more from you.

Haha I did live at home, in the condo that I just sold when I was going to USC grad school.    I did live up in Westwood when I was going to UCLA for my undergrad.

Shouldn’t your name be BruinMan29?

CapitalismWorks - 22 January 2009 10:54 PM

Shouldn’t your name be BruinMan29?

He’s conflicted.

CapitalismWorks - 22 January 2009 10:54 PM

usctrojanman29 - 22 November 2008 07:05 AM

tenmagnet - 22 November 2008 12:43 AM

usctrojanman29 - 20 November 2008 08:24 PM

Thanks for posting up cutie.

My advice?
Give it up!
You must have lived at home while you went to SC.
That was weak!
I expected more from you.

Haha I did live at home, in the condo that I just sold when I was going to USC grad school.    I did live up in Westwood when I was going to UCLA for my undergrad.

Shouldn’t your name be BruinMan29?

It guess it should be BrojanMan29…haha

Haha I did live at home, in the condo that I just sold when I was going to USC grad school.    I did live up in Westwood when I was going to UCLA for my undergrad.

Sorry to hear that you went over to the dark side.  I’d always enjoyed your posts until now; guess you’ll make the “ignore” list, traitor! 

Monthly Labor Force Data by County - December 2008 Preliminary

You are so sexy when you post charTporn.

Just for you NoVas!  Bringing sexy back…

I’m bummed to admit that one of my siblings will be one of the new claims this week :(

Sorry to hear that 24… 

I’ve been between jobs before… but, have never taken unemployment. 

How about everyone else?

When in between jobs, do you take unemployment benefits?