The COVID-19 virus continues to impact the number of initial claims and its impact is also reflected in the increasing levels of insured unemployment.
UNEMPLOYMENT INSURANCE WEEKLY CLAIMS - SEASONALLY ADJUSTED DATA
April 30, 2020 - In the week ending April 25, the advance figure for seasonally adjusted initial claims was 3,839,000, a decrease of 603,000 from the previous week's revised level. The previous week's level was revised up by 15,000 from 4,427,000 to 4,442,000. The 4-week moving average was 5,033,250, a decrease of 757,000 from the previous week's revised average. The previous week's average was revised up by 3,750 from 5,786,500 to 5,790,250.
The advance seasonally adjusted insured unemployment rate was 12.4 percent for the week ending April 18, an increase of 1.5 percentage points from the previous week's revised rate. This marks the highest level of the seasonally adjusted insured unemployment rate in the history of the seasonally adjusted series. The previous week's rate was revised down by 0.1 from 11.0 to 10.9 percent. The advance number for seasonally adjusted insured unemployment during the week ending April 18 was 17,992,000, an increase of 2,174,000 from the previous week's revised level. This marks the highest level of seasonally adjusted insured unemployment in the history of the seasonally adjusted series. The previous week's level was revised down by 158,000 from 15,976,000 to 15,818,000. The 4-week moving average was 13,292,500, an increase of 3,733,250 from the previous week's revised average. The previous week's average was revised down by 39,000 from 9,598,250 to 9,559,250.
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Source: DOL
Department of Labor Reports Due to COVID-19 The Initial Unemployment Claims For The Week Ending March 28, 2020 Was 6,648,000, An Increase Of 3,341,000 From The Previous Week's Revised Level
Department of Labor Reports Due to COVID-19 The Initial Unemployment Claims For The Week Ending March 21, 2020 Was 3,283,000, An Increase Of 3,001,000 From The Previous Week's Revised Level