Virginia’s Latest Unemployment Insurance Weekly Initial Claims at 1,284

RICHMOND— Virginia Works announced today that 1,284 unemployment insurance weekly initial claims were filed during the week ending November 30, 2024, which is 42.8 percent lower than last week’s 2,244 claims and 34.0 percent lower than the comparable week of last year (1,945).  Nearly 84 percent of claimants self-reported an associated industry; of those reported, the top five industries (59 percent) were Administrative and Support and Waste Management (140); Professional, Scientific, and Technical Services (115); Manufacturing (102); Accommodation and Food Services (88); and Health Care and Social Assistance (86).

Continued weeks claims (15,070) were 3.1 percent lower than last week (15,554) and were 25.8 percent higher than the comparable week of last year (11,984). Nearly 92 percent of claimants self-reported an associated industry; of those reported, the top five industries (60 percent) were Professional, Scientific, and Technical Services (2,419); Administrative and Support and Waste Management (1,932); Health Care and Social Assistance (1,414); Manufacturing (1,340); and Retail Trade (1,218).

Significant Layoffs and Announcements are available at the following websites:

WARN Notices | Virginia Employment Commission

Announcements | Virginia Economic Development Partnership

Initial Claims – Comparison of Unemployment Insurance Activity

 

Week Ending

11/30/2024

Week Ending

11/23/2024

Week Ending

11/16/2024

Last Year

12/02/2023

Initial Claims

1,284

2,244

2,265

1,945

Initial Change (%)

-960 (-42.8%)

-21 (-0.9%)

-143 (-5.9%)

-661 (-34.0%)

Continued Claims

15,070

15,554

15,438

11,984

 
 

graphic

graphic

Virginia Continued Weeks Claimed

A person who has already filed an initial claim and who has experienced a week of unemployment files a continued claim to claim benefits for that week of unemployment. On a weekly basis, continued claims reflect a good approximation of the current number of insured unemployed workers filing for UI benefits, and are a good indicator of labor market conditions. While continued claims are not a leading indicator, they provide confirming evidence of the direction of the economy.

The color-coded map below shows the distribution of this week’s continued claims for Virginia’s counties and cities.

Yellow represents low numbers, while progressively darker shades transitioning from yellow to green and dark green signify increasing numbers of continued claims. The legend located at the bottom provides the color spectrum and its corresponding count of continued claims.

graphic

Initial Claims for All States

In the week ending November 30, the advance figure for seasonally adjusted initial claims was 224,000, an increase of 9,000 from the previous week’s revised level. The previous week’s level was revised up by 2,000 from 213,000 to 215,000. The advance number of actual initial claims under state programs, unadjusted, totaled 210,166 in the week ending November 30, a decrease of 34,967 (or 14.3 percent) from the previous week. The seasonal factors had expected a decrease of 43,221 (or 17.6 percent) from the previous week. There were 294,615 initial claims in the comparable week in 2023. 

Initial State Claims (5 largest decreases)
(Not Seasonally Adjusted)

 

State

Initial Claims (this week)

Initial Claims (prior week)

Change

California

38,293

48,070

-9,777

Texas

10,553

16,936

-6,383

Florida

3,759

6,360

-2,601

Georgia

3,327

5,837

-2,510

Illinois

11,353

13,045

-1,692

 

Initial State Claims (5 largest increases)
(Not Seasonally Adjusted)

 

State

Initial Claims (this week)

Initial Claims (prior week)

Change

Wisconsin

6,502

4,647

1,855

North Dakota

1,945

859

1,086

Pennsylvania

15,086

14,439

647

Kentucky

2,522

2,039

483

Iowa

3,534

3,136

398

 

 

All States Initial Weeks Claimed

An initial claim is a claim filed by an unemployed individual after a separation from an employer. The count of U.S. initial claims for unemployment insurance is a leading economic indicator because it is an indication of emerging labor market conditions in the country.

Below is a color-coded map illustrating the percentage change in initial claims from last week to this week across all states nationwide, derived from the latest U.S. Department of Labor Weekly Claims News Release (https://www.dol.gov/ui/data.pdf). Green denotes a reduction in continued claims from last week, thus showing improvement, with progressively darker shades of green signifying greater improvement. Purple denotes an increase in continued claims from last week, thus showing deterioration, with progressively darker shades of purple signifying greater deterioration. Very light green, purple or white indicates minimal change from last week. The legend at the bottom provides the color spectrum along with its corresponding percentage value.

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