Which states are seeing the largest nominal increases in initial unemployment claims?
Initial unemployment claims are trending upward and have risen by around twelve percent over the last year. However, some states have seen much larger gains in the number of workers claiming benefits, while others have seen the figure decrease.
For the week ending on 22 April, Massachusetts (+8,774), Illinois (+2,482), New York (+1,487), Michigan (+625), and Colorado (+604) saw the largest boosts in claims. On the other hand, claims fell by the greatest magnitude in California (-3,754), Ohio (-3,236), New Jersey (-2,962), Connecticut (-2,076), and Rhode Island (-1,426).
Total claims have increased 21 percent compared to the rate recorded in mid-April 2022. The highest unemployed insurance rates were seen in California (2.4), New Jersey (2.4), Rhode Island (2.1), Massachusetts (2.0), Minnesota (1.8), New York (1.8), Alaska (1.7), Illinois (1.6), Oregon (1.6), Puerto Rico (1.6), and Washington (1.6) the week ending on 15 April.
April Employment Report Live Updates: release time, projections, layoffs, unemployment claims - AS USA
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