Louisiana’s initial unemployment filings increased while nationally there was a decrease with New York showing the most significant recovery, according to the U.S. Department of Labor.
Louisiana Sees Rise in Initial Unemployment Filings, While National Claims Decline: U.S. Department of Labor Report
Initial filings for unemployment benefits in Louisiana rose last week compared to the previous week, according to the U.S. Department of Labor. New jobless claims increased to 1,713 in the week ending May 11, up from 1,360 the week before.
Nationally, unemployment claims dropped to 222,000 last week, down 10,000 from 232,000 the previous week showing a positive trend with fewer Americans filing for benefits.
Louisiana Leads with 26.0% Increase in Weekly Unemployment Claims, While New York Shows Strong Recovery with 40.5% Drop
Louisiana had the largest percentage increase in weekly claims with a 26.0% jump indicating local economic challenges. This increase contrasts with the national trend of declining claims.
Meanwhile, New York saw the largest percentage drop in new claims, with a 40.5% decrease, suggesting a stronger recovery. The data highlights varying economic conditions across the country.
Shereveport Times is sharing this information on its news sites nationwide using data from the U.S. Department of Labor’s weekly unemployment report to provide insights into labor market trends.