Thursday, February 23, 2022
In the week ending February 18, the advance figure for seasonally adjusted initial claims was 192,000, a decrease of 3,000 from the previous week’s revised level. The previous week’s level was revised up by 1,000 from 194,000 to 195,000. The 4-week moving average was 191,250, an increase of 1,500 from the previous week’s revised average. The previous week’s average was revised up by 250 from 189,500 to 189,750.
UNEMPLOYMENT INSURANCE WEEKLY CLAIMS
SEASONALLY ADJUSTED DATA
In the week ending February 18, the advance figure for seasonally adjusted initial claims was 192,000, a decrease of 3,000 from the previous week’s revised level. The previous week’s level was revised up by 1,000 from 194,000 to 195,000. The 4-week moving average was 191,250, an increase of 1,500 from the previous week’s revised average. The previous week’s average was revised up by 250 from 189,500 to 189,750.
The advance seasonally adjusted insured unemployment rate was 1.1 percent for the week ending February 11, a decrease of 0.1 percentage point from the previous week’s unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending February 11 was 1,654,000, a decrease of 37,000 from the previous week’s revised level. The previous week’s level was revised down by 5,000 from 1,696,000 to 1,691,000. The 4-week moving average was 1,668,750, a decrease of 3,000 from the previous week’s revised average. The previous week’s average was revised down by 1,250 from 1,673,000 to 1,671,750.
UNADJUSTED DATA
The advance number of actual initial claims under state programs, unadjusted, totaled 210,867 in the week ending February 18, a decrease of 14,465 (or -6.4 percent) from the previous week. The seasonal factors had expected a decrease of 11,870 (or -5.3 percent) from the previous week. There were 215,978 initial claims in the comparable week in 2022.
The advance unadjusted insured unemployment rate was 1.3 percent during the week ending February 11, unchanged from the prior week. The advance unadjusted level of insured unemployment in state programs totaled 1,921,791, a decrease of 26,639 (or -1.4 percent) from the preceding week. The seasonal factors had expected an increase of 16,913 (or 0.9 percent) from the previous week. A year earlier the rate was 1.4 percent and the volume was 1,910,832.
The total number of continued weeks claimed for benefits in all programs for the week ending February 4 was 1,979,303, an increase of 25,690 from the previous week. There were 2,033,907 weekly claims filed for benefits in all programs in the comparable week in 2022.
No state was triggered “on” the Extended Benefits program during the week ending February 4.
Initial claims for UI benefits filed by former Federal civilian employees totaled 438 in the week ending February 11, a decrease of 63 from the prior week. There were 382 initial claims filed by newly discharged veterans, a decrease of 19 from the preceding week.
There were 7,715 continued weeks claimed filed by former Federal civilian employees the week ending February 4, a decrease of 7 from the previous week. Newly discharged veterans claiming benefits totaled 4,236, a decrease of 44 from the prior week.
The highest insured unemployment rates in the week ending February 4 were in New Jersey (2.7), Rhode Island (2.5), Minnesota (2.4), California (2.3), Massachusetts (2.3), Alaska (2.1), Montana (2.1), Illinois (2.0), Puerto Rico (2.0), and New York (1.9). The largest increases in initial claims for the week ending February 11 were in Ohio (+1,855), Michigan (+1,350), Massachusetts (+743), Texas (+702), and Minnesota (+683), while the largest decreases were in California (-4,297), Pennsylvania (-2,594), Illinois (-1,956), Kansas (-985), and Iowa (-723).
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SOURCE: https://www.dol.gov/sites/dolgov/files/OPA/newsreleases/ui-claims/20230382.pdf