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California Continues to Report “Outsized” Share of Jobless Claims
California’s unemployment claims rose to a total of 237,500 last week, the Labor department reported on Thursday. That reflects a jump from 219,500 claims filed in the week ending Aug. 29.
In the week ending September 5, the government’s advance figure for seasonally adjusted initial claims in the U.S. was 884,000. California accounted for about 27% of the unemployment claims filed nationwide last week. California’s workforce represents roughly 11% of the national labor pool, which means the Golden State owns an outsized share of the U.S.’s jobless claims.
The Labor department’s advance seasonally adjusted insured unemployment rate was 9.2% for the week ending August 29, an increase of 0.1 percentage point from the previous week’s unrevised rate. California’s unemployment rate stands at California 14.8%.
The largest increases in initial claims were in California (+22,647), Texas (+4,521), Louisiana (+3,662), Tennessee (+1,288), and Missouri (+1,226), while the largest decreases were in Florida (-6,057), Georgia (-5,485), Pennsylvania (-2,627), Wisconsin (-1,422), and Michigan (-1,159).
For comments, questions or concerns, please contact Dennis Kaiser
- ◦Economy


