According to a report by the U.S. Department of Labor, initial filings for unemployment benefits in Alabama decreased last week compared to the previous week. New jobless claims dropped to 1,818 in the week ending March 30, down from 1,963 the week before.
Overall, U.S. unemployment claims rose to 221,000 last week, which is an increase of 9,000 claims from the previous week on a seasonally adjusted basis. Iowa experienced the largest percentage increase in weekly claims, with a jump of 97.8%, while the Virgin Islands saw the largest percentage drop in new claims at 50%.
This data is based on the U.S. Department of Labor’s weekly unemployment insurance claims report and is being reported by the USA TODAY Network on its news sites across the country.
The decrease in unemployment claims in Alabama is a positive sign for the state’s economy, indicating a potential stabilization in the job market. However, the overall increase in U.S. unemployment claims suggests that challenges in the job market are still present on a national level.
As the economy continues to recover from the impact of the COVID-19 pandemic, monitoring unemployment claims will be crucial in assessing the health and stability of the job market.
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