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The flow of New Applications for Unemployment Benefits Swept the United States Shutterstock

The flow of New Applications for Unemployment Benefits Swept the United States

Written by  Feb 15, 2022

According to the largest information portal on finance, applications for benefits have fallen again. It is known that unemployment in the United States is a complex and important topic. Therefore, experts are trying to fully cover this topic. For example, over the past week, the number of these applications was about 240,000. During the study, seasonal fluctuations were taken into account. As a result, the number of applications decreased by 23,000 compared to the previous week. In this regard, many began to take payday loans the same day.

The study found that jobless claims fell for the second week in a row. Immediately, we note that the impact of a new strain of coronavirus is also rapidly declining. Experts record a decrease in applications for benefits. Appeals have become much less. The total number of unemployed was 1,630,000, which is almost 3 percent less than in the previous week.

By January 29 of this year, the indicator stopped at 240,000 applications. The researchers also took seasonal fluctuations into account loans. If we look at the unadjusted numbers, the figure stopped at 257,000. According to experts, seasonal factors, on the contrary, should have led to an increase in the figure by 4.2 percent. Recall that in the last week of last year, the figure amounted to almost 850,000 applications.

It also became known that large US states reported that the total number of applications for unemployment benefits decreased. For example, in Ohio, the index decreased by 5,000 applications, in Kentucky - 2,330, in Illinois - by 2,100. But in Pennsylvania, Michigan, and Indiana, the index increased by several points. Recall that these data were collected by specialists from the Ministry of Labor.

The agency said the breakdown by the state also includes pre-applications. The state is responsible for the payment of benefits. However, the study helped to find out where the highest unemployment rate is. Here we can distinguish the following areas of the country: Alaska, the Virgin Islands, New Jersey, Minnesota, California, New York, Rhode Island, Illinois, Kentucky, and Massachusetts. It also became clear that payday loans same day is a very hot topic in the US. Many US residents turn to bank institutions for help when they lose their jobs in their state.


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