For Release:
April 25, 2024
Contact:
Virginia Works
Economic Information & Analytics Division
(804) 786-7496

Virginia’s Latest Unemployment Insurance Weekly Initial Claims at 2,331; Continued Claims at 15,254

RICHMOND— Virginia Works announced today that 2,331 unemployment insurance weekly initial claims were filed during the week ending April 20, 2024, which is 4.2 percent higher than last week's 2,238 claims and 26.8 percent higher than the comparable week of last year (1,838).  Nearly 84 percent of claimants self-reported an associated industry; of those reported, the top five industries (60 percent) were Professional, Scientific, and Technical Services (293); Administrative and Support and Waste Management (248); Health Care and Social Assistance (237); Retail Trade (228); and Manufacturing (142).

Continued weeks claims (15,254) were 0.1 percent lower than last week (15,263) and were 28.9 percent higher than the comparable week of last year (11,830). Nearly 93 percent of claimants self-reported an associated industry; of those reported, the top five industries (58 percent) were Professional, Scientific, and Technical Services (2,281); Administrative and Support and Waste Management (2,125); Health Care and Social Assistance (1,327); Manufacturing (1,313); and Retail Trade (1,229).

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
04/20/2024

Week Ending
04/13/2024

Week Ending
04/06/2024

Last Year
04/22/2023

Initial Claims

2,331

2,238

2,288

1,838

Initial Change (%)

+93 (+4.2%)

-50 (-2.2%)

+207 (+9.9%)

+493 (+26.8%)

Continued Claims

15,254

15,263

15,351

11,830

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.

Initial Claims for All States

In the week ending April 20, the advance figure for seasonally adjusted initial claims  was 207,000, a decrease of 5,000 from the previous week's unrevised level of 212,000. The advance number of actual initial claims under state programs, unadjusted, totaled 201,619 in the week ending April 20, a decrease of 7,363 (or  3.5 percent) from the previous week. The seasonal factors had expected a decrease of 2,549 (or  1.2 percent) from the previous week. There were 203,233 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

New York

12,920

17,094

-4,174

Pennsylvania

8,794

11,590

-2,796

Oregon

5,457

6,801

-1,344

Georgia

4,570

5,867

-1,297

New Jersey

8,567

9,586

-1,019

 

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

 

State

Initial Claims (this week)

Initial Claims (prior week)

Change

Massachusetts

8,103

4,538

3,565

Rhode Island

2,462

743

1,719

California

45,693

44,811

882

Colorado

3,310

2,803

507

Texas

15,436

15,075

361

 

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.