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New unemployment applications remain low here, drop nationally

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* CBS 2

The U.S. Department of Labor estimates 17,931 new unemployment claims were filed during the week of May 3 in Illinois, according to the DOL’s weekly claims report released Thursday. […]

There were 15,134 new unemployment claims were filed during the week of April 26 in Illinois.

There were 17,141 new unemployment claims filed during the week of April 19 in Illinois.

There were 15,248 new unemployment claims were filed during the week of April 12 in Illinois.

There were 18,986 new unemployment claims were filed during the week of April 5 in Illinois.

The four-week moving average is down 82 percent from a year ago.

* Bloomberg

Applications for U.S. state unemployment insurance fell to a fresh pandemic low last week as business confidence strengthens and employers seek to fill more positions left open by restrictions.

Initial claims in regular state programs declined by 34,000 to 473,000 in the week ended May 8, Labor Department data showed Thursday. The median estimate in a Bloomberg survey of economists called for 490,000 claims. The prior week’s figure was revised up to 507,000.

That’s still “More than twice a typical non-recession week.”

* Related…

* Illinois taxpayers who received unemployment benefits and filed before March 15 could be eligible for refund

posted by Rich Miller
Thursday, May 13, 21 @ 12:12 pm

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Previous Post: Time Is Running Out To Hold Utilities Accountable
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