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COVID economy: California unemployment claims jump, layoffs persist

State Employment Development Department main offices at the State Capitol complex in Sacramento. California workers filed a big increase in initial claims for unemployment last week, an unsettling report that suggests coronavirus-linked woes continue to afflict the ailing statewide economy.
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State Employment Improvement Division principal workplaces on the State Capitol advanced in Sacramento. California employees filed a giant enhance in preliminary claims for unemployment final week, an unsettling report that means coronavirus-linked woes proceed to afflict the ailing statewide economic system.

California employees filed a giant enhance in preliminary claims for unemployment final week, an unsettling report that means coronavirus-linked woes proceed to afflict the ailing statewide economic system.

Staff statewide filed about 67,500 first-time jobless claims in the course of the week that ended on Jan. 15, a rise of about 6,100 from the roughly 61,400 claims they filed the week ending on Jan. 8, the U.S. Labor Division reported Thursday, utilizing estimates from the state Employment Improvement Division.

The rise marked three consecutive weeks that preliminary unemployment claims have risen in California. The statewide jobless claims figures weren’t adjusted for seasonal volatility.

Final week’s unemployment totals are the very best in three months. Throughout the week that ended on Oct. 16, California employees filed 72,900 preliminary claims for jobless advantages.

The newest report for California unemployment claims affords recent proof that California’s economic system has but to recuperate from the unwanted side effects of government-ordered enterprise shutdowns and mandates that started practically two years in the past to fight the unfold of the coronavirus.

Nationwide, unemployment claims totaled 286,000 final week, a rise of 55,000 from the claims that have been filed the week earlier than in america. These nationwide numbers have been adjusted for seasonal volatility.

The statewide jobless claims at current are far larger than what could be typical in a wholesome economic system in California.

Throughout January 2020 and February 2020 — the ultimate two months earlier than the launch of enterprise shutdowns that the federal government crafted to curb the results of the lethal bug — jobless claims in California averaged 44,800 per week.

Final week’s complete of 67,500 claims was 51% larger than the typical for these two months in early 2020.

 

 

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