Thursday, April 16, 2020: Unemployment Claims – Numbers Drop Slightly
In the week ending April 11, 2020, the advance figure for seasonally adjusted initial unemployment claims is 5,245,000, a decrease of 1,370,000 from the previous week’s revised level of 6,615,000. To put these numbers in perspective (as we typically don’t report these figures, but in light of the pandemic and the direct effect to many of our Members, it’s now worth noting), see the same time frame for 2019 (grid below).
|
Unemployment Claims week ending of
April 11, 2020
|
Unemployment Claims week ending
April 4, 2020
|
4-week moving average, ending
April 11, 2020
|
2020 |
5,245,000 |
6,615,000 |
5,508,500 |
2019 |
203,000 |
196,364 |
208,000 |
The largest increases in initial claims for the week ending April 4, 2020, were in Georgia (+256,312), Michigan (+84,219), Arizona (+43,488), Texas (+38,982), and Virginia (+34,872), while the largest decreases were in California (-139,511), Pennsylvania (-127,037), Florida (-58,599), Ohio (-48,097), and Massachusetts (-41,776).
Secretary of Labor Scalia issued a statement that highlighted, “The Department of Labor has issued all the essential guidance the States need to implement the historic unemployment benefits expansion under the CARES Act, and 29 States are now paying the $600 weekly boost in unemployment benefits under the Act.”
Hope & Help: Spread the Word
We reported earlier this month, Nonprofits DirectEmployers Association (DE) and the National Association of State Workforce Agencies (NASWA), announced the launch of NeedAJobNow.USNLx.com. The site now holds over 450,000 jobs. DE and NASWA continue to refresh and populate the site with more jobs daily.