"Labor Market Information (LMI) is an applied science; it is the systematic collection and analysis of data which describes and predicts the relationship between labor demand and supply." The States' Labor Market Information Review, ICESA, 1995, p. 7.
There were 2,186 initial Unemployment Insurance (UI) claims in October, up 4.5% from the 2,092 in October 2018. This marked the fourth consecutive month of over-the-year increases in the number of initial claims.
Over-the-year increases in initial claims were seen in all goods-producing industries, while decreases were seen in all service-providing industries. Initial claims increased in 13 counties, decreased in nine, and remained unchanged in Hot Springs.
Total weeks claimed increased by 9.9% over the year, while the total number of unique claimants increased by 8.9% and the number of benefit exhaustions increased by 15.8%.
Total continued weeks claimed increased by 114.2% in natural resources & mining and 90.5% in manufacturing. Counties that saw increases in continued claims included Campbell, Natrona, and Goshen counties.
*Information displayed in Initial and Continued Claims are adjusted for monthly comparisons by normalizing the number of weeks in each month to a standard 4.33 weeks.
**NAICS = North American Industry Classification code.
***SIC = Standard Industrial Classification code.