For Release:
July 8, 2021
Contact:
Timothy Aylor
Senior Economist
Economic Information & Analytics Division
timothy.aylor@vec.virginia.gov
(804) 786-3976

Virginia’s Unemployment Insurance Weekly Claims for Week Ending July 3rd

~ Seasonally unadjusted weekly initial unemployment insurance claims declined from the previous filing week as continued claims continued its decreasing trend during that period ~

RICHMOND—The Virginia Employment Commission (VEC) announced that the number of initial claims filed during the most recent filing week were nearly 80% lower than during the comparable week in 2020.

For the filing week ending July 3, the figure for seasonally unadjusted initial claims in Virginia was 6,825. The latest claims figure was a decrease of 1,371 claimants from the previous week. This brought the total number of claims filed since the March 21, 2020 filing week to 1,727,897, 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 37,790, which was a decrease of 2,435 claims from the previous week, and 90% lower than the 378,607 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, health care and social assistance, and retail trade 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.

graphic

Nationwide, in the week ending July 3, the advance figure for seasonally adjusted initial claims was   373,000, an increase of 2,000 from the previous week's revised level. The previous week's level was revised up by 7,000 from 364,000 to 371,000. The advance number of actual initial claims under state programs, unadjusted, totaled 369,661 in the week ending July 3, an increase of 3,147 (or 0.9 percent) from the previous week. There were 1,391,178 initial claims in the comparable week in 2020. Looking at preliminary data, slightly more states reported decreases on a seasonally unadjusted basis. Puerto Rico’s preliminary weekly change (-4,319) was the largest decrease. Oklahoma’s preliminary weekly change (-3,688) was the second largest decrease. Maryland’s preliminary weekly change (-2,847) was the third largest decrease. Washington’s decline was the fourth largest decrease (-1,978). Virginia’s decrease (-29) was the 25th largest decrease.

graphic

graphic

graphic

graphic