Unemployment Insurance Claims

Initial Unemployment Insurance claims were up sharply over the month in December, with 34,206 claims, up 3,360 from November levels. This type of increase is common in December. A plurality of the initial claims this month came from the highly seasonal construction industry, which had 12,096. Over the year, initial claims were down by 5, 709 (14.3 percent). Every published major industry sector saw a drop in claims, save Management of Companies and Enterprises which had 25 (6.8 percent) more claims in December 2014 than a year before. Significant declines in claims occurred in Manufacturing (down 1,417 or 22.2 percent), Construction (down 2,198, 15.4 percent) and Real Estate and Rental and Leasing (down 143, 33.7 percent), among other industries. Every economic region in the state also saw a drop in claims, with the lone exception of the Upper Minnesota Valley (Region 6W), in which claims were up 60, or 12.3 percent.

Graph: Minnesota UI Change in Initial Claims

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Seasonally Adjusted Data (Excel)