Thursday, November 18, 2021

Georgia unemployment claims continue decline for week ending November 13

Advance initial claims in Georgia for the week ending November 13 dropped by 506 to 3,835 from 4,341 recorded in the prior week, according to newly released information from the U.S. Department of Labor’s Employment and Training Administration.

The 11.7 percent decline in advance claims for the state compares to a 7.1 percent drop reported nationally for the same week before seasonal adjustment.

In the week ending November 6, the number of people continuing to receive unemployment benefits in Georgia declined by 7,791 to 32,007 from 39,798 recorded in the prior week. Although the number of people receiving unemployment benefits continues to decline, it remains higher than prior to the start of the pandemic in March 2020.

The percentage of people receiving unemployment insurance benefits in Georgia as compared to the number of workers covered by unemployment insurance remains below 1 percent. The national insured unemployment rate stands at 1.4 percent.

Comparison with past years

As a comparison, the number of initial unemployment claims for the week ending November 7, 2020, stood at 23,827 with an insured unemployment rate of 6.47 percent.

Another way to compare the numbers is to look at the data for the week ending November 9, 2019, which occurred before the start of the Coronavirus pandemic in March 2020. For the week ending November 9, 2019, 5,417 people in Georgia were receiving unemployment benefits with an insured unemployment rate of 0.56 percent.

 

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