Initial Unemployment Claims
Preliminary initial unemployment claims for the week ended September 11th were 42,080, which is down 8,240 claims, or 16%, from the revised initial unemployment claims number of 50,320 for the previous week, ending September 4th.
Initial unemployment claims have been continuing to decline since the week ended July 11th, when the state of Georgia saw 138,452 weekly claims. The highest weekly claims were filed the week ended April 4th, at 390,130. Just three weeks earlier, claims were at 5,447 for the week ended March 14th.
Preliminary insured unemployment for the week ended September 11th was at 504,058. This is down 19,085 from the previous week’s revised insured unemployment number of 523,143 for the week ended September 4th, a 4% drop.
Insured unemployment is also referred to as continued claims, which occur when an individual has already previously filed an initial claim, experienced another week of unemployment, and is now filing a continued claim to claim benefits for that week of unemployment.
Most Improved Industries this Week
The industries in Georgia are said to improving when they see declines in initial unemployment claims since last week. The following are the most improved since last week:
- Accommodation and Food Services: 2,207 less new claims, -16% from last week
- Retail Trade: 1,248 less new claims, -30% from last week
- Arts, Entertainment, and Recreation: 519 less new claims, -27% from last week
Most Declining Industries this Week
The industries with the largest increases in weekly initial unemployment claims are said to be declining. The following are the most declined since last week:
- Educational Services: 47 more new claims, 5% increase since last week
- Management of Companies and Enterprises: 22 more new claims, 10% increase since last week
These increases in claims are significantly lower than what has been seen in the recent past, with the vast majority of industries improving in terms of number of weekly initial unemployment claims.