Delaware saw a weekly reduction in the number of initial unemployment claims during the coronavirus crisis.
The report from the U.S. Department of Labor indicated that in the week ending May 23, the number of initial claims fell below 4,800 from more than 5,400 a week earlier.
In a related development, the Delaware Department of Labor reported it has received more than 100,475 unemployment claims as of May 23 with $282 million in jobless benefits paid out since the middle of March. (See above).
The national advance figure for seasonally adjusted initial claims for the week was 2,123,000, a decrease of 323,000 from the previous week’s revised level.
The advance seasonally adjusted insured unemployment rate was 14.5 percent for the week ending May 16, a decrease of 2.6 percentage points from the previous week’s revised rate.
Late last week, Delaware reported a seasonally adjusted April jobless rate of 14.3 percent. The rate is believed to be far higher, due to factors such as workers who for various reasons have been unable to receive jobless benefits.
Delaware’s total workforce also dropped by 10,000 to 465,000
See federal and state reports below
https://storage.googleapis.com/delawarebusinessnow-cdn/2020/05/weekly-claims.pdf
https://storage.googleapis.com/delawarebusinessnow-cdn/2020/05/2020-04-MLR.pdf
