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Unemployment Claims Remain Steady or Continue to Decline

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Unemployment Claims Remain Steady or Continue to Decline

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The Oklahoma Employment Security Commission (OESC) reports that initial claims numbers remain steady, while continued claims and both four-week moving averages continue to decline.

“We are thrilled to see that the unemployment numbers are continuing to decline in our state,” said Shelley Zumwalt, OESC Executive Director. “Seven weeks of continued decline for three reporting categories demonstrates the progress Oklahomans have made finding jobs and strengthening our state’s workforce. Initial claims remained relatively flat for the filing week ending Sept. 4.”

Weekly Unemployment Numbers for Week Ending Sept. 4

For the file week ending Sept. 4, the number of initial claims totaled 2,680, an increase of four from the previous week’s level of 2,676.

For the same file week, the less volatile initial claims four-week moving average was 3,122, a decrease of 290 from the previous week’s average of 3,412.

The number of continued claims totaled 23,879, a decrease of 1,396 from the previous week’s level of 25,275.

Continued claims’ fourweek moving average was 26,512, a decrease of 1,557 from the previous week’s average of 28,069.

Nationally, the advance figure for seasonally adjusted initial claims for the week ending Sept. 11 was 332,000, an increase of 20,000 from the previous week’s revised level, the U.S. Department of Labor reports. The fourweek moving average was 335,750, a decrease of 4,250 from the previous week’s revised average. For the week ending Sept. 4, U.S. DOL reports the advance seasonally adjusted insured unemployment rate was 1.9 %, a decrease from the previous week’s revised rate.

The national weekly seasonally adjusted initial claims report is one of 10 components in the Composite Index of Leading Economic Indicators. To smooth out the volatility in the weekly initial claims data, a four-week moving average is used to assess trends.

Claimant Resources

Individuals seeking unemployment benefits should go to https://ui.ok.gov and create an account with the Get Started button to connect their social security number and pull all unemployment information into one location.

Unemployment claimants should be aware that not returning to work when recalled or when work is available could potentially lead to disqualification from receiving unemployment benefits.

Employers may report this activity by emailing returntowork@oesc.state.ok.us, calling 405-962-7524, or mailing OESC at P.O. Box 52006, Oklahoma City, OK, 73152-2006.

If a claimant returns to work full time, they should keep their unemployment claim open with OESC and not certify a weekly claim. If they return part time, a claimant may continue to certify their weekly claim and must report all gross earnings for the week to potentially receive a partial benefit. Eligibility for continued benefits is determined on the circumstances of each individual claimant.

OESC is an excellent resource for people looking to re-enter the job market by connecting Oklahomans with available employment through https://okjobmatch. com/.

Individuals who filed for unemployment between May 2-15 and who work two part-time jobs or one fulltime job of 32 hours or more per week for six consecutive weeks are eligible for the governor’s Back to Work Initiative. Eligible Oklahomans can apply at https://oklahoma.gov/oesc/individuals.

Claimants looking for work who need child care assistance are encouraged to use the Oklahoma Department of Human Services’ (OKDHS) 60 days of subsidized child care by visiting https://okdhslive.org/.