COVID economy: California unemployment claims rise slightly, stay below 100,000

Unemployment claims in California rose slightly last week and remained below 100,000 for two weeks in a row — yet jobless filings are still far above what they were before the business shutdowns to combat the coronavirus.

California workers filed approximately 72,000 initial claims for unemployment during the week that ended on April 17, down about 3,000 from the 69,000 claims that were filed during the prior week, a new report by the U.S. Labor Department stated.

The latest unemployment filings in California marked only the sixth time during the last 57 weeks that jobless claims were below 100,000. Government-ordered business shutdowns and restrictions began in mid-March 2020.

Nationwide, unemployment claims totaled 547,000 for the week ending on April 17, a decline of 39,000 from the 586,000 claims that were filed during the week that ended on April 10, the Labor Department reported.

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Author: George Avalos