Nationwide, 1,416,000 filed for unemployment insurance last week
The U.S. Department of Labor issued its weekly report on initial claims for unemployment insurance this morning. Nationwide, the number of seasonally adjusted claims was 1,416,000 last week. This is 109,000 more than the (upwardly revised) number of claims for the previous week, 1,307,000. The 4-week moving average of seasonally adjusted claims was 1,360,250, down […]
July 17 , 2020 - Kriss Sjoblom
Initial claims by sector
Here are two charts presenting initial claims for unemployment insurance by sector in Washington state for the four-week period from June 14 to July 11. The first chart shows the number of claims by sector. The five sectors with the greatest number of claims are, in descending order, accommodation and food services; health services and […]
July 16 , 2020 - Kriss Sjoblom
Good news on state tax collections in June
Today’s monthly report from state’s Economic and Revenue Forecast Council (ERFC) on general fund revenue collections brought some good news. For the sales tax, the use tax, the business and occupation tax, the public utility tax, the tobacco products tax, and penalties and interest (collectively the Revenue Act receipts), this report covers payments received between […]
July 16 , 2020 - Kriss Sjoblom
In Washington 59,388 filed initial claims for unemployment insurance last week
This morning the state Employment Security Department (ESD) gave its weekly report on unemployment insurance claims. A note of caution about initial claims numbers: In May, Washington’s unemployment insurance system was hit by a rash of fraudulent claims (press release here). ESD has estimated that the value paid out for fraudulent claims is in the […]
July 16 , 2020 - Kriss Sjoblom
Nationwide, 1,300,000 filed for unemployment insurance last week
The U.S. Department of Labor issued its weekly report on initial claims for unemployment insurance this morning. Nationwide, the number of seasonally adjusted claims was 1,300,000 last week. This is 10,000 less than the (downwardly revised) number of claims for the previous week, 1,310,000. The 4-week moving average of seasonally adjusted claims was 1,375,000, down […]
July 15 , 2020 - Kriss Sjoblom
Monthly employment report
The state Employment Security Department released its Monthly Employment Report today. According to preliminary estimates from the federal Bureau of Labor Statistics (BLS), the state gained 71,500 jobs, net, seasonally adjusted (SA), from May to June. This estimate is based on BLS’s monthly survey of employers, which counts as employed all persons who received pay […]
July 09 , 2020 - Kriss Sjoblom
Initial claims by sector
Here are two charts presenting initial claims for unemployment insurance by sector in Washington state for the four-week period from June 7 to July 4. The first chart shows the number of claims by sector. The five sectors with the greatest number of claims are, in descending order, health services and social assistance; accommodation and […]
July 09 , 2020 - Kriss Sjoblom
In Washington 48,471 filed initial claims for unemployment insurance last week
This morning the state Employment Security Department (ESD) gave its weekly report on unemployment insurance claims. A note of caution about initial claims numbers: In May, Washington’s unemployment insurance system was hit by a rash of fraudulent claims (press release here). ESD has estimated that the value paid out for fraudulent claims is in the […]
July 09 , 2020 - Kriss Sjoblom
Nationwide, 1,314,000 filed for unemployment insurance last week
The U.S. Department of Labor issued its weekly report on initial claims for unemployment insurance this morning. Nationwide, the number of seasonally adjusted claims was 1,314,000 last week. This is 99,000 less than the (downwardly revised) number of claims for the previous week, 1,413,000. The 4-week moving average of seasonally adjusted claims was 1,437,250, down […]
July 02 , 2020 - Kriss Sjoblom
Initial claims by sector
Here are two charts presenting initial claims for unemployment insurance by sector in Washington state for the four-week period from May 31 to June 28. The first chart shows the number of claims by sector. The five sectors with the greatest number of claims were, in descending order, health services and social assistance; accommodation and […]