Initial unemployment insurance claims in Louisiana dropped 17% last week, down more than 3,000 from the previous week.
There were nearly 13,500 initial claims filed last week, down from the previous week’s more than 16,000, which was a spike after weeks of reported decreases.
Despite the falling numbers, claims are still 586% higher than they were for the same week last year, when just shy of 2,000 claims were filed.
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Meanwhile, continued unemployment claims last week decreased to a little more than 195,000, down 9% from the week prior.
The four-week moving average of continued claims fell to 224,763, while the initial claims four-week moving average for initial claims dipped to 15,195.
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