A continued downward trend of unemployment insurance claims can be good news for the economy, employers and the jobless. While we haven’t seen months after months of decreases, there have been smaller drops that are encouraging signs so far.

One such decrease came this past week, as the advance figure for seasonally adjusted initial claims slipped from 288,000 to 287,000 for the week ending Oct. 4, 2014, according to the U.S. Department of Labor. On a similar note, the four-week moving average reached 287,750, down 7,250 from the previous seven-day period. This is now the lowest average reported since Feb. 4, 2006.

The states with the largest increases in initial claims near the end of September were New Jersey, Indiana and Washington.

There are more positive employment gains besides just the unemployment insurance decrease. According to the U.S. Bureau of Labor Statistics, there were 4.8 million job openings at the end of August, compared to the 4.6 million openings reported in July. There were also 4.6 million hires in August, slightly down from July’s total.

At Corporate Cost Control, we work closely with employers across the country to better manage the nuances of unemployment insurance. Legislation changes on the state level could impact you today, and we welcome any questions or concerns you may have on a wide range of topics.


Contact CCC to see how we can save your organization time and money.
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(800) 207-6926

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