Unemployment Weekly Jobless Claims Show Another 1.5M

In the week ending June 13, the advance figure for seasonally adjusted initial claims was 1,508,000, a decrease of 58,000 from the previous week’s revised level. The previous week’s level was revised up by 24,000 from 1,542,000 to 1,566,000. The 4-week moving average was 1,773,500, a decrease of 234,500 from the previous week’s revised average. The previous week’s average was revised up by 6,000 from 2,002,000 to 2,008,000.

The advance seasonally adjusted insured unemployment rate was 14.1 percent for the week ending June 6, unchanged from the previous week’s revised rate. The previous week’s rate was revised down by 0.3 from 14.4 to 14.1 percent. The advance number for seasonally adjusted insured unemployment during the week ending June 6 was 20,544,000, a decrease of 62,000 from the previous week’s revised level. The previous week’s level was revised down by 323,000 from 20,929,000 to 20,606,000. The 4-week moving average was 20,814,750, a decrease of 1,092,000 from the previous week’s revised average. The previous week’s average was revised down by 80,750 from 21,987,500 to 21,906,750.

UNADJUSTED DATA

The advance number of actual initial claims under state programs, unadjusted, totaled 1,433,027 in the week ending June 13, a decrease of 128,240 (or -8.2 percent) from the previous week. The seasonal factors had expected a decrease of 73,600 (or -4.7 percent) from the previous week. There were 205,921 initial claims in the comparable week in 2019. In addition, for the week ending June 13, 46 states reported 760,526 initial claims for Pandemic Unemployment Assistance.

The advance unadjusted insured unemployment rate was 12.8 percent during the week ending June 6, unchanged from the prior week. The advance unadjusted number for persons claiming UI benefits in state programs totaled 18,654,001, an increase of 25,986 (or 0.1 percent) from the preceding week. The seasonal factors had expected an increase of 82,425 (or 0.4 percent) from the previous week. A year earlier the rate was 1.1 percent and the volume was 1,522,665.

The total number of people claiming benefits in all programs for the week ending May 30 was 29,140,557, a decrease of 375,522 from the previous week. There were 1,562,476 persons claiming benefits in all programs in the comparable week in 2019.

During the week ending May 30, Extended Benefits were available in the following 34 states: Alaska, California, Connecticut, the District of Columbia, Delaware, Georgia, Hawaii, Idaho, Illinois, Iowa, Kentucky, Louisiana, Maine, Massachusetts, Michigan, Minnesota, Mississippi, Montana, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, Ohio, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, Vermont, Washington, West Virginia, and Wisconsin.

Initial claims for UI benefits filed by former Federal civilian employees totaled 1,717 in the week ending June 6, a decrease of 251 from the prior week. There were 1,159 initial claims filed by newly discharged veterans, a decrease of 7 from the preceding week.

There were 15,514 former Federal civilian employees claiming UI benefits for the week ending May 30, an increase of 245 from the previous week. Newly discharged veterans claiming benefits totaled 11,901, an increase of 35 from the prior week.

During the week ending May 30, 44 states reported 9,280,644 individuals claiming Pandemic Unemployment Assistance benefits and 35 states reported 1,077,319 individuals claiming Pandemic Emergency Unemployment Compensation benefits.

The highest insured unemployment rates in the week ending May 30 were in Nevada (24.2), Puerto Rico (21.1), Hawaii (20.2), New York (18.0), Michigan (17.6), Connecticut (16.3), California (16.2), Rhode Island (16.2), Louisiana (16.1), and Massachusetts (16.1).

The largest increases in initial claims for the week ending June 6 were in California (+27,202), Massachusetts (+17,512), Oklahoma (+17,149), New York (+11,873), and Maryland (+9,718), while the largest decreases were in Florida (-95,546), Texas (-17,001), Georgia (-13,909), Michigan (-11,454), and Maine (-8,034).