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TRANSMISSION OF MATERIALS IN THIS RELEASE IS EMBARGOED UNTIL 8:30 A.M. (Eastern) Thursday, August 15, 2024

UNEMPLOYMENT INSURANCE WEEKLY CLAIMS

SEASONALLY ADJUSTED DATA

In the week ending August 10, the advance figure for seasonally adjusted initial claims was 227,000, a decrease of 7,000 from the previous week's revised level. The previous week's level was revised up by 1,000 from 233,000 to 234,000. The 4-week moving average was 236,500, a decrease of 4,500 from the previous week's revised average. The previous week's average was revised up by 250 from 240,750 to 241,000.

The advance seasonally adjusted insured unemployment rate was 1.2 percent for the week ending August 3, unchanged from the previous week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending August 3 was 1,864,000, a decrease of 7,000 from the previous week's revised level. The previous week's level was revised down by 4,000 from 1,875,000 to 1,871,000. The 4-week moving average was 1,862,000, an increase of 1,000 from the previous week's revised average. This is the highest level for this average since November 27, 2021 when it was 1,928,000. The previous week's average was revised down by 1,000 from 1,862,000 to 1,861,000.

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UNADJUSTED DATA The advance number of actual initial claims under state programs, unadjusted, totaled 199,530 in the week ending August 10, a decrease of 4,500 (or -2.2 percent) from the previous week. The seasonal factors had expected an increase of 1,874 (or 0.9 percent) from the previous week. There were 213,803 initial claims in the comparable week in 2023. The advance unadjusted insured unemployment rate was 1.2 percent during the week ending August 3, a decrease of 0.1 percentage point from the prior week. The advance unadjusted level of insured unemployment in state programs totaled 1,888,540, a decrease of 17,920 (or -0.9 percent) from the preceding week. The seasonal factors had expected a decrease of 11,225 (or -0.6 percent) from the previous week. A year earlier the rate was 1.2 percent and the volume was 1,814,133.

The total number of continued weeks claimed for benefits in all programs for the week ending July 27 was 1,932,117, a decrease of 28,380 from the previous week. There were 1,834,506 weekly claims filed for benefits in all programs in the comparable week in 2023. No state was triggered "on" the Extended Benefits program during the week ending July 27. Initial claims for UI benefits filed by former Federal civilian employees totaled 332 in the week ending August 3, an increase of 20 from the prior week. There were 432 initial claims filed by newly discharged veterans, an increase of 41 from the preceding week. There were 4,852 continued weeks claimed filed by former Federal civilian employees the week ending July 27, an increase of 83 from the previous week. Newly discharged veterans claiming benefits totaled 4,669, an increase of 148 from the prior week.

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The highest insured unemployment rates in the week ending July 27 were in New Jersey (2.8), Rhode Island (2.6), Puerto Rico (2.5), California (2.3), Minnesota (2.0), Connecticut (1.9), Pennsylvania (1.9), Massachusetts (1.8), Illinois (1.7), Nevada (1.7), New York (1.7), and Washington (1.7). The largest increases in initial claims for the week ending August 3 were in New Jersey (+1,080), California (+694), Wisconsin (+672), New York (+607), and Illinois (+579), while the largest decreases were in Michigan (-7,430), Texas (-5,180), Missouri (-3,716), Virginia (-745), and Georgia (-493).

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UNEMPLOYMENT INSURANCE DATA FOR REGULAR STATE PROGRAMS

WEEK ENDING Initial Claims (SA) Initial Claims (NSA) 4-Wk Moving Average (SA)

August 10 227,000 199,530 236,500

August 3 234,000 204,030 241,000

Change -7,000 -4,500 -4,500

July 27 250,000 216,643 238,250

Prior Year1 248,000 213,803 244,250

WEEK ENDING Insured Unemployment (SA) Insured Unemployment (NSA) 4-Wk Moving Average (SA) Insured Unemployment Rate (SA)2 Insured Unemployment Rate (NSA)2

August 3 1,864,000 1,888,540 1,862,000

1.2% 1.2%

July 27 1,871,000 1,906,460 1,861,000

1.2% 1.3%

Change -7,000 -17,920 +1,000 0.0 -0.1

July 20 1,869,000 1,934,414 1,855,000

1.2% 1.3%

Prior Year1 1,803,000 1,814,133 1,779,250 1.2% 1.2%

INITIAL CLAIMS FILED IN FEDERAL PROGRAMS (UNADJUSTED)

WEEK ENDING Federal Employees (UCFE) Newly Discharged Veterans (UCX)

August 3 332 432

July 27 312 391

Change +20 +41

Prior Year1 377 457

CONTINUED WEEKS CLAIMED FILED FOR UI BENEFITS IN ALL PROGRAMS (UNADJUSTED)

WEEK ENDING Regular State Federal Employees Newly Discharged Veterans Extended Benefits3 State Additional Benefits4 STC / Workshare 5 TOTAL

July 27 1,901,126

4,852 4,669

274 2,265 18,931 1,932,117

July 20 1,928,469

4,769 4,521

191 2,336 20,211 1,960,497

Change -27,343

+83 +148 +83

-71 -1,280 -28,380

Prior Year1 1,804,695 5,106 4,047 605 1,771 18,282 1,834,506

FOOTNOTES SA - Seasonally Adjusted Data, NSA - Not Seasonally Adjusted Data Continued weeks claimed represent all weeks of benefits claimed during the week being reported, and do not represent weeks claimed by unique individuals.

1. Prior year is comparable to most recent data. 2. Most recent week used covered employment of 151,110,325 as denominator. 3. Information on the EB program can be found here: EB Program information 4. Some states maintain additional benefit programs for those claimants who exhaust regular benefits, and when

applicable, extended benefits. Information on states that participate, and the extent of benefits paid, can be found starting on page 4-5 of this link: Extensions and Special Programs PDF 5. Information on STC/Worksharing can be found starting on page 4-11 of the following link: Extensions and Special Programs PDF

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Advance State Claims - Not Seasonally Adjusted

STATE Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware District of Columbia Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York North Carolina North Dakota Ohio Oklahoma Oregon Pennsylvania Puerto Rico* Rhode Island South Carolina South Dakota Tennessee Texas Utah Vermont Virgin Islands Virginia Washington West Virginia Wisconsin Wyoming US Total

Initial Claims Filed During Week Ended August 10

Advance

Prior Wk

Change

2,006

2,126

-120

574

466

108

4,082

4,014

68

1,443

1,297

146

39,252

41,481

-2,229

2,920

2,745

175

3,450

3,322

128

238

188

50

561

641

-80

5,350

5,338

12

5,398

4,926

472

1,099

958

141

787

818

-31

8,587

8,396

191

2,861

2,751

110

1,953

2,338

-385

1,277

1,018

259

1,808

1,704

104

1,670

1,833

-163

419

394

25

2,333

2,685

-352

5,323

6,347

-1,024

7,880

7,219

661

3,551

3,777

-226

894

1,129

-235

2,410

2,572

-162

378

414

-36

569

553

16

2,830

2,753

77

399

379

20

9,738

9,533

205

730

768

-38

13,771

13,756

15

3,231

3,325

-94

289

208

81

5,309

5,487

-178

1,232

1,329

-97

3,807

3,394

413

9,977

10,592

-615

1,597

1,748

-151

750

910

-160

1,824

2,086

-262

132

140

-8

2,894

2,757

137

18,523

19,898

-1,375

1,387

1,348

39

254

288

-34

14

33

-19

2,069

1,937

132

4,890

4,850

40

651

737

-86

3,944

4,108

-164

215

216

-1

199,530

204,030

-4,500

Insured Unemployment For Week Ended August 3

Advance

Prior Wk

Change

9,385

10,464

-1,079

3,461

3,546

-85

30,916

33,343

-2,427

8,673

9,120

-447

398,387

402,464

-4,077

27,997

27,607

390

31,153

31,619

-466

6,149

6,013

136

6,800

6,565

235

38,078

42,552

-4,474

28,789

30,400

-1,611

6,116

5,961

155

4,439

4,782

-343

96,961

97,860

-899

20,110

19,820

290

10,866

10,675

191

5,449

5,840

-391

9,211

8,833

378

12,752

14,440

-1,688

4,534

4,659

-125

26,157

25,875

282

62,627

63,261

-634

43,100

50,680

-7,580

60,297

57,411

2,886

7,578

9,130

-1,552

20,530

22,113

-1,583

4,012

4,186

-174

5,133

5,297

-164

24,992

25,716

-724

3,609

3,755

-146

115,140

114,519

621

10,602

10,300

302

162,329

161,458

871

20,897

21,954

-1,057

2,008

1,907

101

43,201

44,374

-1,173

10,423

10,817

-394

30,424

28,337

2,087

107,627

108,957

-1,330

22,340

23,148

-808

11,165

10,996

169

15,725

16,572

-847

1,249

1,237

12

21,113

22,073

-960

164,430

160,587

3,843

10,775

10,917

-142

2,492

2,356

136

266

266

0

17,902

16,893

1,009

64,161

60,115

4,046

7,758

7,235

523

26,687

25,933

754

1,565

1,522

43

1,888,540

1,906,460

-17,920

Note: Advance claims are not directly comparable to claims reported in prior weeks. Advance claims are reported by the state liable for paying the unemployment compensation, whereas previous weeks reported claims reflect claimants by state of residence. In addition, claims reported as "workshare equivalent" in the previous week are added to the advance claims as a proxy for the current week's "workshare equivalent" activity.

*Denotes OUI estimate.

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