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State's unemployment claims bucked the national trend last week. Here's what the stats say
State's unemployment claims bucked the national trend last week. Here's what the stats say
State's unemployment claims bucked the national trend last week. Here's what the stats say

Published on: 05/04/2024

Description

Initial filings for unemployment benefits in Massachusetts dropped last week compared with the week prior, the U.S. Department of Labor said Thursday.

New jobless claims, a proxy for layoffs, fell to 4,752 in the week ending April 27, down from 8,113 the week before, the Labor Department said.

U.S. unemployment claims remained the same at 208,000 last week on a seasonally adjusted basis.

New Hampshire saw the largest percentage increase in weekly claims, with claims jumping by 103.7%. Rhode Island, meanwhile, saw the largest percentage drop in new claims, with claims dropping by 65.3%.

The USA TODAY Network is publishing localized versions of this story on its news sites across the country, generated with data from the U.S. Department of Labor's weekly unemployment insurance claims report

News Source : https://www.patriotledger.com/story/news/2024/05/03/unemployment-claims-in-massachusetts-dropped-considerably-last-week/73543503007/

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