Weekly unemployment claims edge down

There were 818 new regular benefit claims for Unemployment Insurance last week, a decrease of 61 from the week before, as the data has smoothed since its volatility in January and has been under 1,000 claims the last four weeks. Altogether 12,486 new and continuing claims were filed, a decrease of 192 from a week ago and 2,340 fewer than a year earlier. The Department also processed 2,143 First Tier claims for benefits under Emergency Unemployment Compensation, 2008 (EUC08), 57 fewer than a week ago. In addition, there were 929 Second Tier claims for benefits processed under the EUC08 program, which is an increase of 21 from the week before. The Unemployment Weekly Report can be found at: http://www.vtlmi.info/. Previously released Unemployment Weekly Reports and other UI reports can be found at: http://www.vtlmi.info/lmipub.htm#uc