New Weekly Jobless Claims Hit 1.5M, 14th Week New Claims Topped a Million

U.S. Department of Labor

In the week ending June 20, the advance figure for seasonally adjusted initial claims was 1,480,000, a decrease of 60,000 from the previous week’s revised level. The previous week’s level was revised up by 32,000 from 1,508,000 to 1,540,000. The 4-week moving average was 1,620,750, a decrease of 160,750 from the previous week’s revised average. The previous week’s average was revised up by 8,000 from 1,773,500 to 1,781,500.

The advance seasonally adjusted insured unemployment rate was 13.4 percent for the week ending June 13, a decrease of 0.5 percentage point from the previous week’s revised rate. The previous week’s rate was revised down by 0.2 from 14.1 to 13.9 percent. The advance number for seasonally adjusted insured unemployment during the week ending June 13 was 19,522,000, a decrease of 767,000 from the previous week’s revised level. The previous week’s level was revised down by 255,000 from 20,544,000 to 20,289,000. The 4-week moving average was 20,421,250, a decrease of 329,750 from the previous week’s revised average. The previous week’s average was revised down by 63,750 from 20,814,750 to 20,751,000.

UNADJUSTED DATA

The advance number of actual initial claims under state programs, unadjusted, totaled 1,457,373 in the week ending June 20, a decrease of 5,990 (or -0.4 percent) from the previous week. The seasonal factors had expected an increase of 53,913 (or 3.7 percent) from the previous week. There were 225,819 initial claims in the comparable week in 2019. In addition, for the week ending June 20, 46 states reported 728,120 initial claims for Pandemic Unemployment Assistance.

The advance unadjusted insured unemployment rate was 12.3 percent during the week ending June 13, a decrease of 0.3 percentage point from the prior week. The advance unadjusted number for persons claiming UI benefits in state programs totaled 17,921,282, a decrease of 501,287 (or -2.7 percent) from the preceding week. The seasonal factors had expected an increase of 202,892 (or 1.1 percent) from the previous week. A year earlier the rate was 1.1 percent and the volume was 1,558,646.

The total number of people claiming benefits in all programs for the week ending June 6 was 30,553,817, an increase of 1,294,309 from the previous week. There were 1,546,208 persons claiming benefits in all programs in the comparable week in 2019.

During the week ending June 6, Extended Benefits were available in the following 44 states: Alabama, Alaska, Arkansas, California, Colorado, Connecticut, the District of Columbia, Delaware, Georgia, Hawaii, Idaho, Illinois, Iowa, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, Tennessee, Texas, Vermont, Virginia, Washington, West Virginia, and Wisconsin.

Initial claims for UI benefits filed by former Federal civilian employees totaled 1,696 in the week ending June 13, a decrease of 21 from the prior week. There were 1,194 initial claims filed by newly discharged veterans, an increase of 35 from the preceding week.

There were 15,339 former Federal civilian employees claiming UI benefits for the week ending June 6, a decrease of 175 from the previous week. Newly discharged veterans claiming benefits totaled 12,483, an increase of 582 from the prior week.

During the week ending Jun 6, 46 states reported 11,046,401 individuals claiming Pandemic Unemployment Assistance benefits and 38 states reported 851,983 individuals claiming Pandemic Emergency Unemployment Compensation benefits.

The highest insured unemployment rates in the week ending June 6 were in Nevada (22.6), Puerto Rico (20.6), Hawaii (18.3), New York (17.8), California (17.3), Michigan (16.9), Louisiana (16.2), Massachusetts (16.2), the Virgin Islands (16.2), and Connecticut (15.8).

The largest increases in initial claims for the week ending June 13 were in Oklahoma (+7,254), Texas (+5,047), New Jersey (+3,272), New York (+1,351), and Louisiana (+1,243), while the largest decreases were in Florida (-24,013), Maryland (-18,188), Massachusetts (-14,731), California (-14,412), and Michigan (-6,543).

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