Department of Labor Reports The Initial Unemployment Claims For The Week Ending August 15, 2020 Rises to 1,106,000 - An Increase of 135,000 From The Previous Week's Revised Level

Details: Last Updated: Thursday, 20 August 2020 05:41; Published: Thursday, 20 August 2020 05:41

COVID-19 Impact
The COVID-19 virus continues to impact the number of initial claims and insured unemployment. This report now includes information on claimants filing Pandemic Unemployment Assistance and Pandemic Emergency Unemployment Compensation claims.

UNEMPLOYMENT INSURANCE WEEKLY CLAIMS - SEASONALLY ADJUSTED DATA

August 20, 2020 - In the week ending August 15, the advance figure for seasonally adjusted initial claims was 1,106,000, an increase of 135,000 from the previous week's

revised level. The previous week's level was revised up by 8,000 from 963,000 to 971,000. The 4-week moving average was 1,175,750, a decrease of 79,000 from the previous week's revised average. The previous week's average was revised up by 2,000 from 1,252,750 to 1,254,750.

The advance seasonally adjusted insured unemployment rate was 10.2 percent for the week ending August 8, a decrease of 0.4 percentage point from the previous week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending August 8 was 14,844,000, a decrease of 636,000 from the previous week's revised level. The previous week's level was revised down by 6,000 from 15,486,000 to 15,480,000. The 4-week moving average was 15,841,250, a decrease of 326,750 from the previous week's revised average. The previous week's average was revised down by 1,500 from 16,169,500 to 16,168,000.

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Source: DOL

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