Nevada sees initial unemployment claims fall nearly 26% last week

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The variety of Nevadans submitting for brand new and continued claims for Unemployment Insurance and the Pandemic Unemployment Assistance program declined last week, in line with a brand new weekly report from the state workforce company.

The state Department of Employment, Training and Rehabilitation mentioned Friday that initial claims for UI totaled 7,378 for the week ending Feb. 13, down 25.9 % from the earlier week of 9,953 claims.

Continued claims, which signify the present variety of insured unemployed staff submitting weekly for UI advantages, totaled 77,310 claims, a lower of three.1 % from the earlier week’s complete of 79,798.

Through last week, there have been a complete of 851,469 initial claims filed because the week ending March 14.

The PUA program, which gives advantages for self-employed, unbiased contractors and gig staff, noticed 12,432 initial claims filed for the week ending Feb. 13, a decline of 64.9 % from last week’s complete of 35,460. There had been 99,931 PUA continued claims filed on the identical time.

There have been a complete of 1.08 million PUA initial claims filed in Nevada as of last week.

Nevada’s unemployment rate in December, the newest determine out there, was 9.2 %. While the jobless rate continues to tick downward, the labor power participation rate noticed a deep decline in December with a rising variety of individuals neither working nor in search of work.

On Thursday, the Labor Department reported that 18.3 million individuals throughout the U.S. had been receiving weekly unemployment funds by way of Jan. 30.

Contact Jonathan Ng at [email protected] Follow @ByJonathanNg on Twitter.

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