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New Virginia jobless claims up 30 percent over past week

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virginia economy
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For the filing week ending Oct. 23, the figure for seasonally unadjusted initial unemployment claims in Virginia was 2,570. The latest claims figure was an increase of 603 claimants from the previous week.

Eligibility for benefits is determined on a weekly basis, and so not all weekly claims filed result in a benefit payment. This is because the initial claims numbers represent claim applications; claims are then reviewed for eligibility and legitimacy.

For the most recent filing week, continued weeks claimed totaled 44,840, which was a decrease of 13,581 claims from the previous week but 65 percent lower than the 127,621 continued claims from the comparable week last year.

Over half of claims that had a self-reported industry were in the health care and social assistance, retail trade, accommodation and food services, and administrative and waste services industries. The continued claims total is mainly comprised of those recent initial claimants who continued to file for unemployment insurance benefits during the COVID-19 pandemic.

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