December 09, 2021
The advance figure for seasonally adjusted initial claims in the week ending December 4 was 184,000, a 43,000 decrease from the previous week’s revised level. This is the lowest amount of initial claims since September 6, 1969, when it stood at 182,000. The prior week’s figure was raised by 5,000 points, from 222,000 to 227,000. The 4-week moving average was 218,750, a decrease of 21,250 from the corrected average from the prior week. This average has been at its lowest level since March 7, 2020, when it was 215,250. The previous week’s average was raised by 1,250 points, from 238,750 to 240,000.
For the week ending November 27, the advance seasonally adjusted insured unemployment rate was 1.5 percent, up 0.1 percentage point from the previous week’s unrevised estimate. The advance figure for seasonally adjusted insured unemployment for the week ending November 27 was 1,992,000, up 38,000 from the previous week’s revised figure. The previous week’s figure was reduced by 2,000 points, from 1,956,000 to 1,954,000. The four-week moving average was 2,027,500, a 54,250 decrease from the previous week’s revised average. This average has been at its lowest level since March 14, 2020, when it was 1,730,750. The previous week’s average was lowered by 2,500 points, from 2,084,250 to 2,081,750.
The unadjusted advance number of actual initial claims under state programs totalled 280,665 in the week ending December 4, up 63,680 (or 29.3 percent) from the previous week. Seasonal factors predicted a 106,047 (or 48.9 percent) increase from the previous week. In the equivalent week in 2020, there were 946,661 initial claims. In addition, 32 states reported 1,826 initial claims for Pandemic Unemployment Assistance for the week ending December 4.
During the week ending November 27, the advance unadjusted insured unemployment rate was 1.5 percent, up 0.3 percentage point from the previous week. The advance unadjusted level of insured unemployment in state programs was 1,958,827, up 397,591 (or 25.5%) over the previous week. Seasonal factors anticipated a 359,514 (or 23.0 percent) increase from the previous week. The rate was 4.0 percent a year ago, and the volume was 5,790,579.
For the week ending November 20, the total number of continued weeks claimed for benefits in all programs was 1,947,598, a decrease of 350,527 from the previous week. In the comparable week in 2020, there were 19,575,088 weekly claims for benefits in all programs.
Extended Benefits were provided in the following four states during the week ending November 20: Alaska, Connecticut, New Jersey, and New Mexico.
In the week ending November 27, there were 860 initial claims for UI benefits made by former Federal civilian employees, a reduction of 84 from the previous week. There were 275 initial claims submitted by recently discharged veterans, a 116-percentage-point reduction from the previous week.
The week ending November 20, there were 7,950 continued weeks claims filed by former Federal civilian employees, a 561 reduction from the previous week. The number of newly discharged veterans claiming benefits was 4,300, a 786 reduction from the previous week.
During the week ending November 20, 42 states reported 124,536 ongoing weekly claims for Pandemic Unemployment Assistance and 112,728 ongoing claims for Pandemic Emergency Unemployment Compensation.
Alaska (2.9), the District of Columbia (2.8), New Jersey (2.3), Puerto Rico (2.3), California (2.1), Hawaii (1.8), Minnesota (1.8), Nevada (1.8), Illinois (1.7), and Massachusetts had the highest insured unemployment rates in the week ending November 20. (1.7).
North Carolina (+2,461), Wisconsin (+1,081), Ohio (+300), Connecticut (+251), and Idaho (+249) had the most increases in initial claims for the week ending November 27, while Virginia (-6,548), California (-5,613), Texas (-5,447), Michigan (-2,640), and New Jersey had the highest decreases (-2,371).
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