U.S. unemployment claims decreased for the week ended September 26

October 2, 2020
The seasonally adjusted initial claims, advance estimate, decreased by 36,000 to 837,000for the week ending September 26 from the prior week’s revised level, according to the U.S. Department of Labour (DOL). The prior week’s level was revised from 870,000 to 873,000 up by 3,000. In comparison to the previous week’s average, the 4-week moving average was 867,250, a decline of 11,750. Moreover, the preceding week’s average was revised up by 750 from 878,250 to 879,000.

The advance seasonally adjusted insured unemployment rate stood at 8.1% for the week ending September 19, a 0.6 percentage point decrease from the prior week’s revised rate.  Moreover, DOL stated that, “advance number for seasonally adjusted insured unemployment during the week ending September 19 was 11,767,000, a decrease of 980,000 from the previous week’s revised level. The previous week’s level was revised up 167,000 from 12,580,000 to 12,747,000.” Relative to last week’s revised average, the 4-week moving average decreased by 381,250to 12,701,250. Notably, there was an upward revision in the preceding week’s average by 41,750from 13,040,750 to 13,082,500.


Based on the unadjusted advance estimate, there were 786,942actual initial claims under state programs in the week ending September 26, a decrease of40,263 (or -4.9%) from the previous week.The seasonal factors had expected a decrease of 4,251 (or -0.5%) from the previous week.Furthermore, for the week ending September 26, 52 states observed 650,120initial claims for Pandemic Unemployment Assistance.

During the week ending September 19, the advance unadjusted insured unemployment rate stood at 7.8%, a 0.7 percentage point decline relative to the previous week. The advance unadjusted number for persons claiming UI benefits in state programs fell by 1,020,192 (or -8.2%) to 11,410,703from a week earlier.The seasonal factors had expected a decline of 40,431 (or -0.3%) from the previous week.

A total of 26,529,810persons claimed benefits in all programs for the week endedSeptember 12, an increase of 484,856compared to the prior week.

Extended Benefits, during the week endingSeptember 12, were accessible in the following 47 states: Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Hawaii, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, Tennessee, Texas, Vermont, the Virgin Islands, Virginia, Washington, West Virginia, and Wisconsin.

For the week ending the 19th of September,1,089former Federal civilian employees claimed for UI benefits, an increase of 135 relative to the previous week, whereas 829 newly discharged veterans (+35) claimed for benefits.

However, for the week ending the 12th of September, 13,307 former Federal civilian employees claimed for UI benefits, an increase of 282 relative to the previous week, whereas 14,412 newly discharged veterans (+889) claimed for benefits.

DOL noted that, “duringthe week ending Sep 12, 50 states reported 11,828,338 individuals claiming Pandemic Unemployment Assistance benefits and 50 states reported 1,828,370 individuals claiming Pandemic Emergency Unemployment Compensation benefits.”

In the week endingSeptember 12,Hawaii observed the highest insured unemployment rates of 21.3% followed by California (16.1), Nevada (14.7), New York (13.7), Puerto Rico (12.8), Louisiana (12.6), Georgia (12.2), the Virgin Islands (11.9), District of Columbia (11.2), and Connecticut (10.6).

The state that experienced the highest increases in initial claims for the week ending September 19 wereNew York (+7,893), Georgia (+7,336), Massachusetts (+5,186), New Jersey (+5,038), and Oregon (+3,251), while the largest decreases were in Maryland (-2,197), Michigan (-2,169), Indiana (-1,543), Illinois (-1,408), and Louisiana (-1,340).

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