For the week ending July 24, the advance seasonally adjusted insured unemployment rate was 2.1%, down 0.3 percentage point from the previous week’s unrevised figure. The advance figure for seasonally adjusted insured unemployment for the week ending July 24 was 2,930,000, down 366,000 from the revised figure the previous week. The previous week’s level was raised by 27,000, to 3,296,000, from 3,269,000. The 4-week moving average was 3,188,250, down 109,250 from the revised average the prior week. The prior week’s average was increased from 3,290,750 to 3,297,500, an increase of 6,750.
UNADJUSTED DATA
In the week ending July 31, the advance number of actual initial claims under state programs was 323,763, a reduction of 20,602 (or -6.0%) from the previous week. Seasonal factors had predicted a drop of 6,024 (or -1.7%) from the previous week. In addition, 46 states reported 94,476 initial claims for Pandemic Unemployment Assistance for the week ending July 31.
During the week ending July 24, the advance unadjusted insured unemployment rate was 2.1%, down 0.3 percentage point from the previous week. The advance unadjusted level of insured unemployment in state programs was 2,880,564, down 393,237 (or -12.0%) from the previous week. Seasonal factors had predicted a drop of 27,216 (or -0.8%) from the previous week.
For the week ending July 17, the total number of continuing weeks claimed for benefits in all programs was 12,975,015, down 181,251 from the previous week. In the same week in 2020, 31,987,359 weekly benefit claims were made throughout all programs.
Extended Benefits were available in Alaska, California, Connecticut, the District of Columbia, Illinois, Massachusetts, Nevada, New Jersey, New Mexico, New York, Rhode Island, and Texas during the week ending July 17.
In the week ending July 24, there were 703 initial applications for UI benefits filed by former Federal civilian employees, down 377 from the previous week. Newly discharged veterans filed 492 initial claims this week, down from 169 the week before.
The week ending July 17 saw 10,142 continued weeks claims filed by former Federal civilian employees, down 426 from the previous week. Benefit claims from recently released veterans totalled 6,893, up 135 from the previous week.
During the week ending July 17, 47 states reported a total of 5,156,982 continued weekly claims for Pandemic Unemployment Assistance and 4,246,207 continued claims for Pandemic Emergency Unemployment Compensation.
California (5.2), Puerto Rico (5.1), Nevada (4.1), Rhode Island (4.0), Illinois (3.7), New Jersey (3.7), Connecticut (3.3), New York (3.3), District of Columbia (3.1), and Pennsylvania (3.1) had the highest insured unemployment rates in the week ending July 17. (3.0).
California (+8,010), Tennessee (+1,694), Michigan (+449), New Jersey (+420), and Florida (+140) had the largest increases in initial claims for the week ending July 24, while Pennsylvania (-21,218), Texas (-11,154), Kentucky (-7,185), Illinois (-7,060), and Missouri had the largest decreases (-5,351).
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