In Washington 36,293 filed initial claims for unemployment insurance last week

By: Kriss Sjoblom
1:01 pm
August 6, 2020

In Washington 36,293 filed initial claims for unemployment insurance last week

This morning the state Employment Security Department (ESD) gave its weekly report on unemployment insurance claims.

ESD reported a total of 36,293 initial claims for unemployment insurance during the July 26–August 1 week. Of this total, 24,985 initial claims were under the regular unemployment insurance program; 4,613 claims were under the federal pandemic unemployment assistance program, which covers self-employed persons, independent contractors and part-time workers; and 6,695 claims were under the federal pandemic unemployment compensation program, which extends the maximum term of benefits from 26 weeks to 39 weeks.

The number new claims for regular unemployment insurance is a decrease of 3,855 from the number claims filed during the preceding week. The four-week moving average of regular initial claims is 30,910, down 852 from the preceding week.

The number of initial claims under the two pandemic programs is a decrease of 1,856 from the number filed during the preceding week.

We estimate that the seasonally adjusted 4-week average of regular initial claims was 39,620, down from 39,960 the preceding week.

A note of caution about this chart: In May, Washington’s unemployment insurance system was hit by a rash of fraudulent claims (see this post). ESD believes that most of the fraudulent claims were filed between May 1 and May 16, which coincides with the second, lower peak during the current recession.

ESD reports that continuing claims for unemployment insurance totaled 620,263 in the most recent week. This is a decrease of 15,088 from the number reported for the preceding week.

The ESD press release is here.

Categories: Economy.