Weekly unemployment claims continue to show improvement

first_imgWeekly unemployment insurance claims fell for the fourth consecutive week, showing nearly 5,000 fewer regular benefit claims compared to last year at this time. For the week of May 15, 2010, there were 850 new regular benefit claims for Unemployment Insurance, a decrease of 33 from the week before. This is the third consecutive week that there was a steep drop in new claims. Altogether 11,579 new and continuing claims were filed, a decrease of 922 from a week ago and 4,758 fewer than a year earlier. The Department also processed 3,773 First Tier claims for benefits under Emergency Unemployment Compensation, 2008 (EUC08), 112 fewer than a week ago. In addition, there were 2,522 Second Tier claims for benefits processed under the EUC08 program, which is a decrease of 93 from the week before. The Unemployment Weekly Report can be found at: http://www.vtlmi.info/(link is external). Previously released Unemployment Weekly Reports and other UI reports can be found at: http://www.vtlmi.info/lmipub.htm#uc(link is external)last_img

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