New Unemployment Claims Under 400k.

Washington, DC…In the week ending August 6, the advance figure for seasonally adjusted initial claimswas 395,000, a decrease of 7,000 from the previous week’s revised figure of 402,000. The 4-week moving average was 405,000, a decrease of 3,250 from the previous week’s revised average of 408,250.

The advance seasonally adjusted insured unemployment rate was 2.9 percent for the week ending July 30, a 0.1 percentage point decrease from the prior week’s unrevised rate of 3.0 percent.

The advance number for seasonally adjusted insured unemployment during the week ending July 30 was 3,688,000, a decrease of 60,000 from the preceding week’s revised level of 3,748,000. The 4-week moving average was 3,718,750, a decrease of 15,250 from the preceding week’s revised average of 3,734,000.

UNADJUSTED DATA

The advance number of actual initial claims under state programs, unadjusted, totaled 351,370 in the week ending August 6, an increase of 10,267 from the previous week. There were 425,471 initial claims in the comparable week in 2010.

The advance unadjusted insured unemployment rate was 2.8 percent during the week ending July 30, a decrease of 0.1 percentage point from the prior week. The advance unadjusted number for persons claiming UI benefits in state programs totaled 3,573,254, a decrease of 107,475 from the preceding week. A year earlier, the rate was 3.4 percent and the volume was 4,333,445.

The total number of people claiming benefits in all programs for the week ending July 23 was 7,479,915, a decrease of 89,945 from the previous week.

Extended benefits were available in Alabama, California, Colorado, Connecticut, Delaware, the District of Columbia, Florida, Georgia, Idaho, Illinois, Indiana, Kansas, Kentucky, Maine, Massachusetts, Michigan, Minnesota, Missouri, Nevada, New Jersey, New Mexico, New York, North Carolina, Ohio, Oregon, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Washington, West Virginia, and Wisconsin during the week ending July 23.

Initial claims for UI benefits by former Federal civilian employees totaled 3,145 in the week ending July 30, an increase of 1364 from the prior week. There were 2,651 initial claims by newly discharged veterans, a decrease of 46 from the preceding week.

There were 24,726 former Federal civilian employees claiming UI benefits for the week ending July 23, a decrease of 951 from the previous week. Newly discharged veterans claiming benefits totaled 38,268, an increase of 559 from the prior week.

States reported 3,158,621 persons claiming EUC (Emergency Unemployment Compensation) benefits for the week ending July 23, a decrease of 26,309 from the prior week. There were 4,145,702 claimants in the comparable week in 2010. EUC weekly claims include first, second, third, and fourth tier activity.

The highest insured unemployment rates in the week ending July 23 were in Puerto Rico (5.5), Pennsylvania (4.2), New Jersey (4.1), Alaska (3.9) California (3.9), Connecticut (3.8), Oregon (3.8), Rhode Island (3.7), Nevada (3.6) and Arizona (3.4).

The largest increases in initial claims for the week ending July 30 were in Minnesota (+472), Kentucky (+393), New Jersey (+291), Delaware (+64), and Vermont (+50) while the largest decreases were in Tennessee (-4,448), Michigan (-3,025), Florida (-2,336), New York (-2,132), and Texas (-1,828 ).