From the Federal Reserve Bank of Atlanta, Center for Workforce and Economic Opportunity (CWEO):
The COVID-19 pandemic has caused an unprecedented economic slowdown and record numbers of layoffs. Even casual economic observers have seen reports of millions of workers filing claims for unemployment insurance – but how has this varied from state to state and person to person? How many workers continue to claim unemployment after their initial claim? And, importantly, are certain groups more or less likely to be claiming unemployment? How many gig workers have been affected by job loss?
Answers to all of these questions can help workforce development programs and policymakers develop strategies to address economic stresses from the COVID-19 pandemic. Which is why the Center for Workforce and Economic Opportunity (CWEO) created the Unemployment Claims Monitor.
The Unemployment Claims Monitor displays data from the weekly and monthly unemployment claims reports from the U.S. Department of Labor. It is updated every Thursday.
Users will find weekly and monthly data on claims and on who have filed for unemployment insurance, including special unemployment programs like Short-Time Compensation (or Workshare), Unemployment Compensation for Federal Employees, Ex-Service Members, and Extended Benefits programs. When the CARES Act’s Pandemic Unemployment Assistance program that covers gig workers and 1099 employee data is available, it will be included in the Unemployment Claims Monitor.
Contact Stuart Andreason at Stuart.Andreason@atl.frb.org and Mels de Zeeuw at Mels.deZeeuw@atl.frb.org for inquiries related to the Unemployment Claims Monitor.
Click here to learn more.