Unemployment Insurance Weekly Claims Report
Targeted News Service |
In the week ending
There were no special factors impacting this week's initial claims.
The advance seasonally adjusted insured unemployment rate was 1.9 percent for the week ending
UNADJUSTED DATA
The advance number of actual initial claims under state programs, unadjusted, totaled 369,591 in the week ending
The advance unadjusted insured unemployment rate was 1.9 percent during the week ending
The total number of people claiming benefits in all programs for the week ending
No state was triggered "on" the Extended Benefits program during the week ending
Initial claims for UI benefits filed by former Federal civilian employees totaled 2,534 in the week ending
There were 11,805 former Federal civilian employees claiming UI benefits for the week ending
The highest insured unemployment rates in the week ending
The largest increases in initial claims for the week ending
UNEMPLOYMENT INSURANCE DATA FOR REGULAR STATE PROGRAMS
Click here (http://workforcesecurity.doleta.gov/press/2014/071714.pdf) to view tables.
Figures Appearing In columns showing Over-The-Week Changes reflect all revisions in data for prior week submitted by State agencies.
1. The Unemployment Compensation program for Federal Employees (UCFE) and the Unemployment Compensation for Ex-servicemembers (UCX) exclude claims filed jointly under other programs to avoid duplication.
2. Rate is not seasonally adjusted. The source of US total covered employment is BLS.
TECHNICAL NOTES
This news release presents the weekly unemployment insurance (UI) claims reported by each state's unemployment insurance program offices. These claims may be used for monitoring workload volume, assessing state program operations and for assessing labor market conditions. States initially report claims directly taken by the state liable for the benefit payments, regardless of where the claimant who filed the claim resided. These are the basis for the advance initial claims and continued claims reported each week. These data come from ETA 538, Advance Weekly Initial and Continued Claims Report. The following week initial claims and continued claims are revised based on a second reporting by states that reflect the claimants by state of residence. These data come from the ETA 539, Weekly Claims and Extended Benefits Trigger Data Report.
A. Initial Claims
An initial claim is a claim filed by an unemployed individual after a separation from an employer. The claimant requests a determination of basic eligibility for the UI program. When an initial claim is filed with a state, certain programmatic activities take place and these result in activity counts including the count of initial claims.
The count of U.S. initial claims for unemployment insurance is a leading economic indicator because it is an indication of emerging labor market conditions in the country. However, these are weekly administrative data which are difficult to seasonally adjust, making the series subject to some volatility.
B. Continued Weeks Claimed
A person who has already filed an initial claim and who has experienced a week of unemployment then files a continued claim to claim benefits for that week of unemployment. Continued claims are also referred to as insured unemployment.
The count of U.S. continued weeks claimed is also a good indicator of labor market conditions. Continued claims reflect the current number of insured unemployed workers filing for UI benefits in the nation. While continued claims are not a leading indicator (they roughly coincide with economic cycles at their peaks and lag at cycle troughs), they provide confirming evidence of the direction of the U.S. economy.
C. Seasonal Adjustments and Annual Revisions
Click here (http://workforcesecurity.doleta.gov/press/2014/071714.pdf) to view tables.
TNS 30VianaGem - 140718-4803204 30VianaGem
Copyright: | (c) 2014 Targeted News Service |
Wordcount: | 1033 |
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