Jobless claims fall by nearly 50K nationally

Numbers show fewer lay-offs
This artist's rendering shows how Montgomery County plans to convert a former ALDI store at Westown Shopping Center into a new Employment Opportunity Center that when finished will house services for job seekers and space for youth mentorship programs in West Dayton. SUBMITTED

Credit: Submitted

Credit: Submitted

This artist's rendering shows how Montgomery County plans to convert a former ALDI store at Westown Shopping Center into a new Employment Opportunity Center that when finished will house services for job seekers and space for youth mentorship programs in West Dayton. SUBMITTED

Fewer people are seeking unemployment benefits across the country, new figures show.

In the week ending November 7, the advance figure for seasonally adjusted initial claims was 709,000, a decrease of 48,000 from the previous week’s revised level, the U.S. Department of Labor said Thursday.

It’s the lowest number since the pandemic first was truly felt in Ohio and the nation in mid-March.

The previous week’s level of claims was revised up by 6,000 from 751,000 to 757,000, however.

The number of people applying for unemployment benefits through their state governments dropped nationally to 6.8 million for the week ended Oct. 31 from 7.2 million.

Ongoing claims are well below their levels from late March, a sign that fewer workers are being laid off and some are finding jobs, even as COVID-19 cases climb nationally and in Ohio.

Across the country, the number of new U.S. cases rose above144,000, a new national record, while in Ohio in the past week, there have been 37,147 new cases. In the past three weeks, Ohio has seen more than 79,000 new cases, which accounts for nearly 30% of the cumulative 267,356 cases across the state since the beginning of the pandemic.

On Wednesday evening, Ohio Gov. Mike DeWine said he may close bars, restaurants and fitness centers if current trends continue — a step he may take as early as next Wednesday.

Because Veterans Day was recognized on Wednesday, states will report their jobless claims numbers to the U.S. Department of Labor a day later than usual. As a consequence, the announcement of Ohio’s weekly initial and continued jobless claims statistics will be pushed back a day to Friday

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