COVID-19 Impact
The COVID-19 virus continues to impact the number of initial claims and its impact is also reflected in the increasing levels of insured unemployment.

UNEMPLOYMENT INSURANCE WEEKLY CLAIMS - SEASONALLY ADJUSTED DATA

April 23, 2020 - In the week ending April 18, the advance figure for seasonally adjusted initial claims was 4,427,000, a decrease of 810,000 from the previous department of labor seal logoweek's revised level. The previous week's level was revised down by 8,000 from 5,245,000 to 5,237,000. The 4-week moving average was 5,786,500, an increase of 280,000 from the previous week's revised average. The previous week's average was revised down by 2,000 from 5,508,500 to 5,506,500.

The advance seasonally adjusted insured unemployment rate was 11.0 percent for the week ending April 11, an increase of 2.8 percentage points from the previous week's unrevised rate. This marks the highest level of the seasonally adjusted insured unemployment rate in the history of the seasonally adjusted series. The advance number for seasonally adjusted insured unemployment during the week ending April 11 was 15,976,000, an increase of 4,064,000 from the previous week's revised level. This marks the highest level of seasonally adjusted insured unemployment in the history of the seasonally adjusted series. The previous week's level was revised down by 64,000 from 11,976,000 to 11,912,000. The 4-week moving average was 9,598,250, an increase of 3,548,000 from the previous week's revised average. The previous week's average was revised down by 16,000 from 6,066,250 to 6,050,250.

Click here for full report
Source: DOL

Related: