Initial unemployment insurance claims were up in October, with 15,507 claims this month, versus just 13,757 in September. Increases this time of year are common, as weather-dependent industries like Construction (2,993 claims in October, up 587 from last month) tend to see many more claims when fall and winter arrive. Initial claims have seen a significant decline on the year, with October’s total coming in 5,365 (25.7 percent) lower than the same period in 2013. Every major industry reported showed annual declines in claims, with only one group (Real Estate and Rental and Leasing, down 8.7 percent) dropping by less than ten percent. The sharpest over-the-year drop came in Public Administration, which had 2,364 claims in October 2013, likely due to the federal government shutdown in that month. Initial claims decreased for every education level, age group, gender, race and ethnicity tracked, and in every Economic Development Region in the state.
Seasonally Adjusted Data (Excel)