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U.S.Economy: 
Jobless Claims Rise by 3,000
Author: 123jump.com Staff
123jump.com
Last Update: 8:45 AM ET June 18 2009



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In the week ending June 13, the advance figure for seasonally adjusted initial claims was 608,000, an increase of 3,000 from the previous week''''s revised figure of 605,000. The 4-week moving average was 615,750, a decrease of 7,000 from the previous week''''s revised average of 622,750.

 
The following is the unedited transcript of the news release from the U.S. Department of Labor.


SEASONALLY ADJUSTED DATA

In the week ending June 13, the advance figure for seasonally adjusted initial claims was 608,000, an increase of 3,000 from the previous week''s revised figure of 605,000. The 4-week moving average was 615,750, a decrease of 7,000 from the previous week''s revised average of 622,750.

The advance seasonally adjusted insured unemployment rate was 5.0 percent for the week ending June 6, a decrease of 0.1 percentage point from the prior week''s unrevised rate of 5.1 percent.

The advance number for seasonally adjusted insured unemployment during the week ending June 6 was 6,687,000, a decrease of 148,000 from the preceding week''s revised level of 6,835,000. The 4-week moving average was 6,757,500, an increase of 2,250 from the preceding week''s revised average of 6,755,250.

The fiscal year-to-date average for seasonally adjusted insured unemployment for all programs is 5.286 million.

UNADJUSTED DATA

The advance number of actual initial claims under state programs, unadjusted, totaled 554,405 in the week ending June 13, a decrease of 26,791 from the previous week. There were 349,255 initial claims in the comparable week in 2008.

The advance unadjusted insured unemployment rate was 4.5 percent during the week ending June 6, a decrease of 0.1 percentage point from the prior week. The advance unadjusted number for persons claiming UI benefits in state programs totaled 6,058,847, a decrease of 85,499 from the preceding week. A year earlier, the rate was 2.1 percent and the volume was 2,799,719.

Extended benefits were available in Alaska, Arizona, Arkansas, California, Colorado, Connecticut, the District of Columbia, Florida, Georgia, Idaho, Illinois, Indiana, Kentucky, Maine, Massachusetts, Michigan, Minnesota, Missouri, Montana, Nevada, New Jersey, New York, North Carolina, Ohio, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, Vermont, Virginia, Washington, and Wisconsin during the week ending May 30.

Initial claims for UI benefits by former Federal civilian employees totaled 1,972 in the week ending June 6, an increase of 206 from the prior week. There were 1,874 initial claims by newly discharged veterans, an increase of 419 from the preceding week.

There were 15,924 former Federal civilian employees claiming UI benefits for the week ending May 30, an increase of 898 from the previous week. Newly discharged veterans claiming benefits totaled 28,548, an increase of 1,793 from the prior week.

States reported 2,359,537 persons claiming EUC (Emergency Unemployment Compensation) benefits for the week ending May 30, an increase of 102,946 from the prior week. EUC weekly claims include both first and second tier activity.

The highest insured unemployment rates in the week ending May 30 were in Michigan (7.5 percent), Oregon (7.0), Nevada (6.3), Puerto Rico (6.3), Pennsylvania (6.2), Wisconsin (6.0), Arkansas (5.6), South Carolina (5.5), California (5.4), and North Carolina (5.4).

The largest increases in initial claims for the week ending June 6 were in Pennsylvania (+6,861), Florida (+6,469), Ohio (+5,104), California (+4,894), and New York (+4,795), while the largest decreases were in Arkansas (-1,206), Puerto Rico (-1,131), Wisconsin (-707), Arizona (-693), and Nebraska (-450).


Available at:

http://www.dol.gov/opa/media/press/eta/ui/current.htm
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