3:37 a.m.
Thursday, 21 September 2017

initial jobless claims fell to 332,000

San Diego, California.- In the week ending March 9, the advance figure for seasonally adjusted initial claims was 332,000, a decrease of 10,000 from the previous week's revised figure of 342,000. The 4-week moving average was 346,750, a decrease of 2,750 from the previous week's revised average of 349,500.

The advance seasonally adjusted insured unemployment rate was 2.4 percent for the week ending March 2, unchanged from the prior week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending March 2 was 3,024,000, a decrease of 89,000 from the preceding week's revised level of 3,113,000. The 4-week moving average was 3,098,250, a decrease of 28,250 from the preceding week's revised average of 3,126,500.

UNADJUSTED DATA

The advance number of actual initial claims under state programs, unadjusted, totaled 315,356 in the week ending March 9, a decrease of 20,324 from the previous week. There were 340,102 initial claims in the comparable week in 2012.

The advance unadjusted insured unemployment rate was 2.7 percent during the week ending March 2, a decrease of 0.1 percentage point from the prior week's unrevised rate. The advance unadjusted number for persons claiming UI benefits in state programs totaled 3,474,738, a decrease of 136,324 from the preceding week's revised level of 3,611,062. A year earlier, the rate was 3.1 percent and the volume was 3,862,329.

The total number of people claiming benefits in all programs for the week ending February 23 was 5,619,860, an increase of 217,967 from the previous week. There were 7,424,041 persons claiming benefits in all programs in the comparable week in 2012.

Extended Benefits were available only in Alaska during the week ending February 23.

Initial claims for UI benefits filed by former Federal civilian employees totaled 1,259 in the week ending March 2, an increase of 121 from the prior week. There were 2,478 initial claims filed by newly discharged veterans, an increase of 290 from the preceding week.

There were 21,524 former Federal civilian employees claiming UI benefits for the week ending February 23, an increase of 622 from the previous week. Newly discharged veterans claiming benefits totaled 39,286, an increase of 804 from the prior week.

States reported 1,917,158 persons claiming EUC (Emergency Unemployment Compensation) benefits for the week ending February 23, an increase of 136,532 from the prior week. There were 2,875,795 persons claiming EUC in the comparable week in 2012. EUC weekly claims include first, second, third, and fourth tier activity.

The highest insured unemployment rates in the week ending February 23 were in Alaska (6.2), Puerto Rico (4.7), Rhode Island (4.5), Connecticut (4.2), New Jersey (4.2), Montana (4.1), Pennsylvania (4.1), Massachusetts (4.0), Wisconsin (3.9), California (3.7), Illinois (3.7), and Oregon (3.7).

The largest increases in initial claims for the week ending March 2 were in California (+11,720), New York (+7,900), Missouri (+2,722), Kansas (+1,419), and Washington (+813), while the largest decreases were in Massachusetts (-4,193), North Carolina (-1,146), Connecticut (-913), Michigan (-909), and Florida (-726).

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