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May 1, 2013

Unemployment Insurance Weekly Claims Report Update for April 20, 2013

Filed under: News — Tags: , — Vision @ 1:51 pm
Acting Secretary of Labor Seth Harris
Acting Secretary of Labor Seth Harris
According to the US Department of Labor, in the week ending April 20, the advance figure for seasonally adjusted initial claims was 339,000, a decrease of 16,000 from the previous week’s revised figure of 355,000. The 4-week moving average was 357,500, a decrease of 4,500 from the previous week’s revised average of 362,000.

Advance Seasonally Adjusted Insured Unemployment Rate Decreases

The advance seasonally adjusted insured unemployment rate was 2.3% for the week ending April 13, a decrease of 0.1 percentage point from the prior week’s unrevised rate.

Advance Seasonally Adjusted Insured Unemployment Decreases

The advance number for seasonally adjusted insured unemployment during the week ending February 13 was 3,000,000, a decrease of 93,000 from the preceding week’s revised level of 3,093,000. The 4-week moving average was 3,071,750, a decrease of 17,500 from the preceding week’s revised average of 3,089,250.

March 7, 2013

Unemployment Insurance Weekly Claims Report Update for March 2, 2013

Acting Secretary of Labor Seth Harris
Acting Secretary of Labor Seth Harris
According to the US Department of Labor, in the week ending March 2, the advance figure for seasonally adjusted initial claims was 340,000, a decrease of 7,000 from the previous week’s revised figure of 347,000. The 4-week moving average was 348,750, a decrease of 7,000 from the previous week’s revised average of 355,750.

Advance Seasonally Adjusted Insured Unemployment Rate Remains Unchanged

The advance seasonally adjusted insured unemployment rate was 2.4% for the week ending February 23, unchanged from the prior week’s unrevised rate.

Advance Seasonally Adjusted Insured Unemployment Increases

The advance number for seasonally adjusted insured unemployment during the week ending February 23 was 3,094,000, an increase of 3,000 from the preceding week’s revised level of 3,091,000. The 4-week moving average was 3,121,750, a decrease of 37,500 from the preceding week’s revised average of 3,159,250.

February 21, 2013

Unemployment Insurance Weekly Claims Report Update for February 16, 2013

Acting Secretary of Labor Seth Harris
Acting Secretary of Labor Seth Harris
According to the US Department of Labor, in the week ending February 16, the advance figure for seasonally adjusted initial claims was 362,000, an increase of 20,000 from the previous week’s revised figure of 342,000. The 4-week moving average was 360,750, an increase of 8,000 from the previous week’s revised average of 352,750.

Advance Seasonally Adjusted Insured Unemployment Rate Remains Unchanged

The advance seasonally adjusted insured unemployment rate was 2.4% for the week ending February 9, unchanged from the prior week’s unrevised rate.

Advance Seasonally Adjusted Insured Unemployment Increases

The advance number for seasonally adjusted insured unemployment during the week ending February 9 was 3,148,000, an increase of 11,000 from the preceding week’s revised level of 3,137,000. The 4-week moving average was 3,186,250, a decrease of 6,750 from the preceding week’s revised average of 3,193,000.

January 3, 2013

Unemployment Insurance Weekly Claims Report Update for December 29, 2012

Secretary of Labor Hilda Solis
Secretary of Labor Hilda Solis
According to the US Department of Labor, in the week ending December 29, the advance figure for seasonally adjusted initial claims was 372,000, an increase of 10,000 from the previous week’s revised figure of 362,000. The 4-week moving average was 360,000, an increase of 250 from the previous week’s revised average of 359,750.

Advance Seasonally Adjusted Insured Unemployment Rate Remains Unchanged

The advance seasonally adjusted insured unemployment rate was 2.5% for the week ending December 22, unchanged from the prior week’s unrevised rate.

Advance Seasonally Adjusted Insured Unemployment Increases

The advance number for seasonally adjusted insured unemployment during the week ending December 22 was 3,245,000, an increase of 44,000 from the preceding week’s revised level of 3,201,000. The 4-week moving average was 3,224,250, an increase of 6,500 from the preceding week’s revised average of 3,217,750.

October 4, 2012

Unemployment Insurance Weekly Claims Report Update for September 29, 2012

Secretary of Labor Hilda Solis
Secretary of Labor Hilda Solis
According to the US Department of Labor, in the week ending September 29, the advance figure for seasonally adjusted initial claims was 367,000, an increase of 4,000 from the previous week’s revised figure of 363,000. The 4-week moving average was 375,000, unchanged from the previous week’s revised average.

Advance Seasonally Adjusted Insured Unemployment Rate Remains Unchanged

The advance seasonally adjusted insured unemployment rate was 2.6% for the week ending September 22, unchanged from the prior week’s unrevised rate.

Advance Seasonally Adjusted Insured Unemployment Remains Unchanged

The advance number for seasonally adjusted insured unemployment during the week ending September 22 was 3,281,000, unchanged from the preceding week’s revised level. The 4-week moving average was 3,285,250, a decrease of 12,750 from the preceding week’s revised average of 3,298,000.

September 27, 2012

Unemployment Insurance Weekly Claims Report Update for September 22, 2012

Secretary of Labor Hilda Solis
Secretary of Labor Hilda Solis
According to the US Department of Labor, in the week ending September 22, the advance figure for seasonally adjusted initial claims was 359,000, a decrease of 26,000 from the previous week’s revised figure of 385,000. The 4-week moving average was 374,000, a decrease of 4,500 from the previous week’s revised average of 378,500.

Advance Seasonally Adjusted Insured Unemployment Rate Remains Unchanged

The advance seasonally adjusted insured unemployment rate was 2.6% for the week ending September 15, unchanged from the prior week’s unrevised rate.

Advance Seasonally Adjusted Insured Unemployment Increases

The advance number for seasonally adjusted insured unemployment during the week ending September 15 was 3,271,000, a decrease of 4,000 from the preceding week’s revised level of 3,275,000. The 4-week moving average was 3,295,500, a decrease of 15,000 from the preceding week’s revised average of 3,310,500.

July 6, 2012

Unemployment Rate Steady at 8.2 Percent in June

Filed under: News — Tags: , , , — Vision @ 9:41 am

Unemployment Rate Steady at 8.2 Percent in June
Unemployment Rate Steady at 8.2 Percent in June
Nonfarm payroll employment continued to edge up in June (+80,000), and the unemployment rate was unchanged at 8.2%, the US Bureau of Labor Statistics reported today. Professional and business services added jobs, and employment in other major industries changed little over the month.

Household Survey Data

The number of unemployed persons (12.7 million) was essentially unchanged in June, and the unemployment rate held at 8.2%.

Among the major worker groups, the unemployment rate for blacks (14.4%) edged up over the month, while the rates for adult men (7.8%), adult women (7.4%), teenagers (23.7%), whites (7.4%), and Hispanics (11.0%) showed little or no change. The jobless rate for Asians was 6.3% in June (not seasonally adjusted), little changed from a year earlier.

In June, the number of long-term unemployed (those jobless for 27 weeks and over) was essentially unchanged at 5.4 million. These individuals accounted for 41.9% of the unemployed.

Both the civilian labor force participation rate and the employment-population ratio were unchanged in June at 63.8 and 58.6%, respectively.

The number of persons employed part time for economic reasons (sometimes referred to as involuntary part-time workers) was essentially unchanged at 8.2 million. These individuals were working part time because their hours had been cut back or because they were unable to find a full-time job.

In June, 2.5 million persons were marginally attached to the labor force, down from 2.7 million a year earlier. (These data are not seasonally adjusted.) These individuals were not in the labor force, wanted and were available for work, and had looked for a job sometime in the prior 12 months. They were not counted as unemployed because they had not searched for work in the 4 weeks preceding the survey.

Among the marginally attached, there were 821,000 discouraged workers in June, a decline of 161,000 from a year earlier. (These data are not seasonally adjusted.) Discouraged workers are persons not currently looking for work because they believe no jobs are available for them. The remaining 1.7 million persons marginally attached to the labor force in June had not searched for work in the 4 weeks preceding the survey for reasons such as school attendance or family responsibilities.

Establishment Survey Data

Total nonfarm payroll employment continued to edge up in June (+80,000). In the second quarter, employment growth averaged 75,000 per month, compared with an average monthly gain of 226,000 for the first quarter of the year. Slower job growth in the second quarter occurred in most major industries.

Professional and business services added 47,000 jobs in June, with temporary help services accounting for 25,000 of the increase. Employment also rose in management and technical consulting services (+9,000) and in computer systems design and related services (+7,000). Employment in professional and business services has grown by 1.5 million since its most recent low point in September 2009.

Employment in manufacturing continued to edge up in June (+11,000). Growth in the second quarter averaged 10,000 per month, compared with an average of 41,000 per month during the first quarter. In June, employment increased in motor vehicles and parts (+7,000) and in fabricated metal products (+5,000).

Employment continued to trend up in health care (+13,000) and wholesale trade (+9,000) in June.

Employment in other major industries, including mining and logging, construction, retail trade, transportation and warehousing, financial activities, leisure and hospitality, and government, showed little or no change.

The average workweek for all employees on private nonfarm payrolls edged up by 0.1 hour to 34.5 hours in June. The manufacturing workweek edged up by 0.1 hour to 40.7 hours, and factory overtime was 3.3 hours for the fifth consecutive month. The average workweek for production and nonsupervisory employees on private nonfarm payrolls edged up by 0.1 hour to 33.8 hours.

In June, average hourly earnings for all employees on private nonfarm payrolls increased by 6 cents to $23.50. Over the year, average hourly earnings have increased by 2.0%. In June, average hourly earnings of private-sector production and nonsupervisory employees increased by 5 cents to $19.74.

The change in total nonfarm payroll employment for April was revised from +77,000 to +68,000, and the change for May was revised from +69,000 to +77,000.

July 5, 2012

Unemployment Insurance Weekly Claims Report Update for June 30, 2012

Secretary of Labor Hilda Solis
Secretary of Labor Hilda Solis
According to the US Department of Labor, in the week ending June 30, the advance figure for seasonally adjusted initial claims was 374,000, a decrease of 14,000 from the previous week’s revised figure of 388,000. The 4-week moving average was 385,750, a decrease of 1,500 from the previous week’s revised average of 387,250.

Advance Seasonally Adjusted Insured Unemployment Rate Remains Unchanged

The advance seasonally adjusted insured unemployment rate was 2.6% for the week ending June 23, unchanged from the prior week’s unrevised rate.

Advance Seasonally Adjusted Insured Unemployment Increases

The advance number for seasonally adjusted insured unemployment during the week ending June 23 was 3,306,000, an increase of 4,000 from the preceding week’s revised level of 3,302,000. The 4-week moving average was 3,304,250, a decrease of 3,000 from the preceding week’s revised average of 3,307,250.

June 28, 2012

Unemployment Insurance Weekly Claims Report Update for June 23, 2012

Secretary of Labor Hilda Solis
Secretary of Labor Hilda Solis
According to the US Department of Labor, in the week ending June 23, the advance figure for seasonally adjusted initial claims was 386,000, a decrease of 6,000 from the previous week’s revised figure of 392,000. The 4-week moving average was 386,750, a decrease of 750 from the previous week’s revised average of 387,500.

Advance Seasonally Adjusted Insured Unemployment Rate Remains Unchanged

The advance seasonally adjusted insured unemployment rate was 2.6% for the week ending June 16, unchanged from the prior week’s unrevised rate.

Advance Seasonally Adjusted Insured Unemployment Decreases

The advance number for seasonally adjusted insured unemployment during the week ending June 16 was 3,296,000, a decrease of 15,000 from the preceding week’s revised level of 3,311,000. The 4-week moving average was 3,306,000, an increase of 9,250 from the preceding week’s revised average of 3,296,750.

June 21, 2012

Unemployment Insurance Weekly Claims Report Update for June 16, 2012

Secretary of Labor Hilda Solis
Secretary of Labor Hilda Solis
According to the US Department of Labor, in the week ending June 16, the advance figure for seasonally adjusted initial claims was 387,000, a decrease of 2,000 from the previous week’s revised figure of 389,000. The 4-week moving average was 386,250, an increase of 3,500 from the previous week’s revised average of 382,750.

Advance Seasonally Adjusted Insured Unemployment Rate Remains Unchanged

The advance seasonally adjusted insured unemployment rate was 2.6% for the week ending June 9, unchanged from the prior week’s unrevised rate.

Advance Seasonally Adjusted Insured Unemployment Remains Unchanged

The advance number for seasonally adjusted insured unemployment during the week ending June 9 was 3,299,000, unchanged from the preceding week’s revised level. The 4-week moving average was 3,293,750, an increase of 5,250 from the preceding week’s revised average of 3,288,500.

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