Unemployment 10/5-10/9

Total preliminary initial unemployment claims were up +19% from the previous week. This is up 53,400 claims since last week, marking the first major uptick in initial claims since July 11th. All industries saw increases in number of new weekly initial claims since last week, with Transportation and Warehousing being hit hardest with an 88% increase in claims since last week, and Manufacturing seeing a 52% increase. The only exception to this was Health Care and Social Assistance, who saw merely 5 less new claims from the week prior, but still saw 4,461 initial claims this week.

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Unemployment 9/28-10/2

Total preliminary initial unemployment claims were up +0.8% from the previous week. This is up 348 claims since last week, but marks the second increase in initial claims since May 9th, showing a slowdown in the trend of declination. The industry with the largest absolute uptick in new claims was Retail Trade, seeing a 31% increase in new claims, while the Professional, Scientific, and Technical Services industry saw a 46% increase in new weekly initial claims since last week. Meanwhile, Construction and Transportation & Warehousing both improved this week.

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Unemployment 9/21-9/25

Total preliminary initial unemployment claims were down 13% from the previous week. This is similar to the number of initial claims two weeks ago, which was 42,085 for the week ended September 11th. The industry with the largest upticks in new claims was Construction, seeing a 31% increase in new claims, while the Arts, Entertainment, and Recreation industry saw a 23% increase in new weekly initial claims since last week. Meanwhile, Retail Trade and Accommodation and Food Services both improved this week.

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Photo of an undetermined Georgia Tech home game during the 1918 college football season. That's when the sport was hit by the Spanish flu and the end of World War I.

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