Unemployment Increased by 2,000 for Week Ending Feb. 8, 2020

In the week ending Feb. 8, 2020, the advance figure for seasonally adjusted initial claims was 205,000, an increase of 2,000 from the previous week’s revised level. The previous week’s level was revised up by 1,000 from 202,000 to 203,000. The four-week moving average was 212,000, unchanged from the previous week’s revised average. The previous week’s average was revised up by 250 from 211,750 to 212,000.

The advance seasonally adjusted insured unemployment rate was 1.2% for the week ending Feb. 1, 2020 unchanged from the previous week’s unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending Feb. 1, 1919 was 1,698,000, a decrease of 61,000 from the previous week’s revised level. The previous week’s level was revised up 8,000 from 1,751,000 to 1,759,000. The four-week moving average was 1,726,750, a decrease of 17,500 from the previous week’s revised average. The previous week’s average was revised up by 2,000 from 1,742,250 to 1,744,250.

The advance number of actual initial claims under state programs, unadjusted, totaled 218,977 in the week ending Feb. 8, 2020 a decrease of 5,687 (or -2.5%) from the previous week. The seasonal factors had expected a decrease of 8,306 (or -3.7%) from the previous week. There were 242,817 initial claims in the comparable week in 2019.

The advance unadjusted insured unemployment rate was 1.4% during the week ending February 1, a decrease of 0.1% point from the prior week. The advance unadjusted number for persons claiming UI benefits in state programs totaled 2,083,084, a decrease of 69,649 (or -3.2 percent) from the preceding week. The seasonal factors had expected an increase of 5,276 (or 0.2%) from the previous week. A year earlier the rate was 1.5% and the volume was 2,142,663.

The total number of people claiming benefits in all programs for the week ending Jan. 25, 2020 was 2,184,592, an increase of 76,077 from the previous week. There were 2,143,915 persons claiming benefits in all programs in the comparable week in 2019.

No state was triggered “on” the Extended Benefits program during the week ending Jan. 25, 2020.

Initial claims for UI benefits filed by former Federal civilian employees totaled 748 in the week ending Feb. 1, 2020 a decrease of 89 from the prior week. There were 535 initial claims filed by newly discharged veterans, an increase of 67 from the preceding week.

There were 11,422 former Federal civilian employees claiming UI benefits for the week ending Jan. 25, 2020 a decrease of 45 from the previous week. Newly discharged veterans claiming benefits totaled 5,723, an increase of 233 from the prior week.

The highest insured unemployment rates in the week ending Jan. 25, 2020 were in Alaska (3.1), Puerto Rico (2.8), New Jersey (2.7), Connecticut (2.5), Montana (2.5), West Virginia (2.5), Illinois (2.4), California (2.3), Pennsylvania (2.3), and Rhode Island (2.3).

The largest increases in initial claims for the week ending Feb. 1, 2020 were in Pennsylvania (+2,534), New York (+1,523), Texas (+748), Oregon (+396), and Arizona (+332), while the largest decreases were in California (-2,138), Washington (-1,453), New Jersey (-1,021), Michigan (-809), and Ohio (-757).