Initial unemployment claims edged up for the last filing week in Virginia and reflect pre-pandemic volumes, according to the Virginia Department of Workforce Development and Advancement.
For the filing week ending March 9, 2024, seasonally unadjusted initial claims for unemployment insurance in Virginia totaled 2,229, which was an increase of 55 claimants from the previous week. Continued weeks claimed totaled 15,629, which was a decrease of 198 claimants from the previous week but an increase of 32 percent from the 11,837 continued claims from the same week in 2023.
An industry was reported for 93 percent of continued claims. Fifty-seven percent of continued claims were from administrative and support and waste management; professional, scientific, and technical services; construction; manufacturing; and health care and social assistance. Eligibility for benefits is determined on a weekly basis, and so not all weekly claims filed result in a benefit payment.
In the week ending March 9, the U.S. advance figure for seasonally adjusted initial claims was 209,000, a decrease of 1,000 from the previous week’s revised level. The previous week’s level was revised down by 7,000 from 217,000 to 210,000. The advance number of actual U.S. initial claims under state programs, unadjusted, totaled 199,952 in the week ending March 9, a decrease of 14,472 (or -6.7 percent) from the previous week. There were 210,665 initial claims in the comparable week in 2023.
Looking at preliminary data, most U.S. states reported increases on a seasonally unadjusted basis. California’s preliminary weekly change of 968 was the largest increase. Oregon’s preliminary weekly change of 943 was the second largest increase. Indiana’s preliminary weekly change of 430 was the third largest increase. Iowa’s preliminary weekly change of 373 was the fourth largest increase. Virginia and Alabama were tied with the eleventh largest decrease at 97.
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Rebecca Barnabi
