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March 12, 2010 Friday 12:23 PM EST
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UNEMPLOYMENT INSURANCE WEEKLY CLAIMS REPORT
WASHINGTON, March 11 — The U.S. Department of Labor issued the following press release:SEASONALLY ADJUSTED DATAIn the week ending March 6, the advance figure for seasonally adjusted initial claims was 462,000, a decrease of 6,000 from the previous week’s revised figure of 468,000. The 4-week moving average was 475,500, an increase of 5,000 from the previous week’s revised average of 470,500.The advance seasonally adjusted insured unemployment rate was 3.5 percent for the week ending Feb. 27, unchanged from the prior week’s unrevised rate of 3.5 percent. The advance number for seasonally adjusted insured unemployment during the week ending Feb. 27 was 4,558,000, an increase of 37,000 from the preceding week’s revised level of 4,521,000. The 4-week moving average was 4,581,000, unchanged from the preceding week’s revised average of 4,581,000.The fiscal year-to-date average of seasonally adjusted weekly insured unemployment, which corresponds to the appropriated AWIU trigger, was 5.170 million.UNADJUSTED DATAThe advance number of actual initial claims under state programs, unadjusted, totaled 460,287 in the week ending March 6, a decrease of 10,969 from the previous week. There were 652,636 initial claims in the comparable week in 2009.The advance unadjusted insured unemployment rate was 4.2 percent during the week ending Feb. 27, a decrease of 0.1 percentage point from the prior week. The advance unadjusted number for persons claiming UI benefits in state programs totaled 5,528,856, a decrease of 68,281 from the preceding week. A year earlier, the rate was 4.8 percent and the volume was 6,361,354.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, Montana, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, Ohio, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, Tennessee, Texas, Vermont, Virginia, Washington, West Virginia, and Wisconsin during the week ending Feb. 20.Initial claims for UI benefits by former Federal civilian employees totaled 1,290 in the week ending Feb. 27, an increase of 93 from the prior week. There were 2,335 initial claims by newly discharged veterans, an increase of 388 from the preceding week.There were 22,955 former Federal civilian employees claiming UI benefits for the week ending Feb. 20, a decrease of 822 from the previous week. Newly discharged veterans claiming benefits totaled 36,585, an increase of 1,113 from the prior week.States reported 5,527,925 persons claiming EUC (Emergency Unemployment Compensation) benefits for the week ending Feb. 20, a decrease of 159,649 from the prior week. There were 2,068,413 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 Feb. 20 were in Alaska (7.4 percent), Oregon (6.4), Idaho (6.3), Pennsylvania (6.2), Wisconsin (6.2), Montana (6.1), Puerto Rico (6.0), Michigan (5.7), Nevada (5.6), and Rhode Island (5.6).The largest increases in initial claims for the week ending Feb. 27 were in California (+16,112), New York (+12,263), Florida (+2,516), Texas (+1,440), and Nevada (+947), while the largest decreases were in Pennsylvania (-4,772), Massachusetts (-4,504), New Jersey (-3,972), Kentucky (-3,633), and Missouri(-1,661).* Table omitted (the document can be viewed at: http://www.dol.gov/opa/media/press/eta/ui/eta20100281.htm.)For more information please contact: Sarabjit Jagirdar, Email:- htsyndication@hindustantimes.com
March 12, 2010
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