June 3, 2021
Economic Information & Analytics Division
Virginia’s Unemployment Insurance Weekly Claims for Week Ending May 29th
~ Seasonally unadjusted weekly initial unemployment insurance claims decreased from the previous filing week as continued claims also decreased during that period ~
RICHMOND—The Virginia Employment Commission (VEC) announced that the number of initial claims filed during the most recent filing week continued the trend of recent weeks’ lower claims volumes.
For the filing week ending May 29, the figure for seasonally unadjusted initial claims in Virginia was 8,090. The latest claims figure was a decrease of 1,753 claimants from the previous week. This brought the total number of claims filed since the March 21, 2020 filing week to 1,690,912, compared to the 477,600 average filed during the previous three economic recessions since 1990.
For the most recent filing week, continued weeks claimed totaled 52,228, which was a decrease of 1,935 claims from the previous week, but 87% lower than the 398,411 continued claims from the comparable week last year. Over half of claims that had a self-reported industry were in the accommodation and food services, administrative and waste services, retail trade, and health care and social assistance 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.
For additional information on who is claiming unemployment insurance in Virginia, access the VEC’s U.I. claims data dashboard (https://www.vec.virginia.gov/ui-claims-dashboard) that is updated no later than the following Monday after the weekly claims press release.
Nationwide, in the week ending May 29, the advance figure for seasonally adjusted initial claims was 385,000, a decrease of 20,000 from the previous week's revised level. This is the lowest level for initial claims since March 14, 2020 when it was 256,000. The previous week's level was revised down by 1,000 from 406,000 to 405,000. The advance number of actual initial claims under state programs, unadjusted, totaled 425,450 in the week ending May 29, an increase of 6,014 (or 1.4 percent) from the previous week There were 1,611,720 initial claims in the comparable week in 2020. Looking at preliminary data, most states reported decreases on a seasonally unadjusted basis. Texas’s preliminary weekly change (-2,965) was the largest decrease. Florida’s preliminary weekly change (-2,591) was the second largest decrease. Oregon’s preliminary weekly change (-2,288) was the third largest decrease. Alabama’s decline was the fourth largest decrease (-1,725). Virginia’s increase (+2,128) was the sixth largest increase.