17 States Report Increases in Initial Applications for Unemployment in August

September 12, 2019

17 States Report Increases in Initial Applications for Unemployment in August

At the end of August each year the number of initial applications for unemployment compensation historically has increased as summer employment ends. Weekly increases through the end of January are typical. However, increases in weeks compared to the prior year may be an indication that the growth in the economy is slowing. For the weeks of August 17th and 24th, the following states reported increases in initial applications in both weeks.

Arkansas, Georgia, Hawaii, Indiana, Iowa, Kentucky, Montana, North Carolina, North Dakota, Oklahoma, Oregon, Puerto Rico, South Dakota, Texas, West Virginia, Wisconsin, Wyoming.

UWC continues to track initial application trends as part of projecting potential economic downturns and claims load in the coming year. See https://www.dol.gov/ui/data.pdf

Source: UWC – Strategic Services on Unemployment & Workers’ Compensation

 

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