June 30, 2022
Timothy Aylor
Senior Economist
Economic Information & Analytics Division
LMI@virginiaworks.gov
(804) 786-3976
Virginia Unemployment Insurance Weekly Initial Claims at 1,554; Administrative and Support and Waste Management and Health Care and Social Assistance Leading Industries for Claims
~ Seasonally unadjusted weekly initial unemployment insurance claims fell substantially from the previous filing week; remain at near historic lows during that period ~
RICHMOND—The Virginia Employment Commission (VEC) announced that the number of continued claims increased but remained at pre-pandemic levels during the most recent filing week.
For the filing week ending June 25, the figure for seasonally unadjusted initial claims in Virginia was 1,554. The latest claims figure was a decrease of 449 claimants from the previous week. Over half of initial claims that had a self-reported industry were in administrative and support and waste management, health care and social assistance, retail trade, professional, scientific and technical services, and accommodation and food services. Eligibility for benefits is determined on a weekly basis, and so not all weekly claims filed result in a benefit payment. This is because the initial claims numbers represent claim applications; claims are then reviewed for eligibility and legitimacy.
For the most recent filing week, continued weeks claimed totaled 10,016, which was an increase of 363 claims from the previous week but was 75% lower than the 40,225 continued claims from the comparable week last year.
In the week ending June 25, the advance U.S. figure for seasonally adjusted initial claims was 231,000, a decrease of 2,000 from the previous week's revised level. The previous week's level was revised up by 4,000 from 229,000 to 233,000. The advance number of actual initial claims under state programs, unadjusted, totaled 207,421 in the week ending June 25, an increase of 1,060 (or 0.5 percent) from the previous week. Looking at preliminary data, the majority of U.S. states reported decreases on a seasonally unadjusted basis. Texas’s preliminary weekly change (-2,210) was the largest decrease. Georgia’s weekly change (-1,802) was the second largest decrease. Pennsylvania’s preliminary weekly change (-1,677) was the third largest decrease. Michigan’s weekly change (-1,548) was the fourth largest decrease. Virginia’s preliminary weekly change (-291) was the 14th largest decrease.