Initial claims for unemployment insurance increased to 4,591 for the week ending January 31, 2009, compared to the previous week’s total of 4,179. Initial claims were above the comparable week ending February 2, 2008, figure of 2,613 for last year.
The four-week moving average of initial claims increased to 5,031 from the previous week’s average of 4,605.
Continued unemployment insurance weeks claimed increased to 38,769 for the week ending January 31, 2009, from the previous week’s total of 38,002. Continued weeks claimed were above the comparable week ending February 2, 2008, figure of 21,647 for last year.
The four-week moving average of continued weeks claimed increased to 38,122 from the previous week's average of 37,354.
The increase in the four-week moving averages is driven by the general increase in claims in January, which is typical, and by a spike in the first full week of the month. Initial claims for the week ending January 31, 2009 are down 2,234 from the spike during the first full week of the month.
The third chart in the February 6, 2009 Unemployment Insurance Claims press release is for all regular unemployment insurance claimants who have received at least one check during the reference month in Louisiana. These claimants increased by 4,280 from 31,707 in December 2008 to 35,987 in January 2009.
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