For Release:
September 19, 2024
Contact:
Virginia Works
Economic Information & Analytics Division
LMI@virginiaworks.gov
(804) 786-7496

Virginia’s Latest Unemployment Insurance Weekly Initial Claims at 2,164

~ Continued Claims at 14,749 ~

RICHMOND— Virginia Works announced today that 2,164 unemployment insurance weekly initial claims were filed during the week ending September 14, 2024, which is 1.6 percent higher than last week's 2,129 claims and 45.5 percent higher than the comparable week of last year (1,487).  Nearly 83 percent of claimants self-reported an associated industry; of those reported, the top five industries (58 percent) were Professional, Scientific, and Technical Services (251); Administrative and Support and Waste Management (217); Health Care and Social Assistance (186); Manufacturing (173); and Retail Trade (170).

Continued weeks claims (14,749) were 1.7 percent lower than last week (15,006) and were 11.0 percent higher than the comparable week of last year (13,286). Nearly 93 percent of claimants self-reported an associated industry; of those reported, the top five industries (60 percent) were Professional, Scientific, and Technical Services (2,402); Administrative and Support and Waste Management (2,031); Health Care and Social Assistance (1,430); Retail Trade (1,222); and Manufacturing (1,116).

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

09/14/2024

Week Ending

09/07/2024

Week Ending

08/31/2024

Last Year

09/16/2023

Initial Claims

2,164

2,129

1,826

1,487

Initial Change (%)

+35 (+1.6%)

+303 (+16.6%)

-359 (-16.4%)

+677 (+45.5%)

Continued Claims

14,749

15,006

15,589

13,286

 

graphic

graphic

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.

graphic

Initial Claims for All States

In the week ending September 14, the advance figure for seasonally adjusted initial claims was 219,000, a decrease of 12,000 from the previous week's revised level. The previous week's level was revised up by 1,000 from 230,000 to 231,000. The advance number of actual initial claims under state programs, unadjusted, totaled 184,845 in the week ending September 14, an increase of 6,436 (or 3.6 percent) from the previous week. The seasonal factors had expected an increase of 16,156 (or 9.1 percent) from the previous week. There were 176,586 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

Massachusetts

5,221

7,276

-2,055

Wisconsin

3,696

4,476

-780

Connecticut

2,304

2,837

-533

Nebraska

669

1,200

-531

Louisiana

1,228

1,545

-317

 

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

 

State

Initial Claims (this week)

Initial Claims (prior week)

Change

Texas

15,509

13,341

2,168

New York

14,210

12,233

1,977

California

38,181

36,707

1,474

Georgia

5,125

4,293

832

Michigan

5,496

4,729

767