September 16, 2021
This morning the state Employment Security Department (ESD) gave its weekly report on unemployment insurance claims.
ESD reported a total of 6,640 initial claims for unemployment insurance during the week ending September 11. Of this total, 4,860 initial claims were filed under the regular state unemployment insurance program; 1,223 claims were under the federal pandemic unemployment assistance program, which covers self-employed persons, independent contractors and part-time workers; and 557 claims were filed under the federal pandemic unemployment compensation program, which adds 13 weeks to the maximum term of benefits.
The number of new claims for regular unemployment insurance is a decrease of 345 from the number of claims filed during the preceding week.
The four-week moving average of regular initial claims is 5,124, down 167 from the preceding week. I estimate that the seasonally adjusted 4-week average of regular initial claims was 6,612 down from 6,832 the preceding week.
The number of initial claims under the two federal pandemic programs is a decrease of 1,140 from the number filed during the preceding week.
ESD reports that continuing claims for unemployment insurance totaled 238,705 in the most recent week, which is 11,805 less than the number reported last week. The next chart shows continuing claims filed by week, with claims under the federal PUA and PEUC programs shown separately from those under the regular state program.
For the week, regular state continuing claims fell by 3,965, while federal continuing claims fell by 7,840.
The week ending September 4th is the final week for which individuals may claim benefits under the expiring federal pandemic unemployment insurance programs. As claims for unemployment in particular week are filed in a subsequent week, the expiration of federal programs had no direct effect on the number of claims ESD reported today. Continuing claims are on course to fall precipitously beginning with next week’s report. Three weeks ago, ESD analysts estimated that about 120,000 individuals would be affected by the expiration of the federal programs. The department expects to have a better estimate soon.
ESD’s weekly UI claims press release is posted here.Categories: Categories , Economy.