New unemployment claims down

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Initial claims for unemployment insurance were down last week from the week before in the Mohawk Valley but still far above those of the corresponding week last year, the state Department of Labor reported.

Initial claims totaled 1,495 for the week that ended July 25 in the five-county region, down from 1,769 the week before. During the same week in 2019, 323 claims were made.

In Oneida County, 699 claims were made last week, down from 900 the previous week and 146 the year before.

Statewide, the total was 86,130 last week compared to 89,393 the previous week and 11,945 a year earlier. By industry, the greatest percentage increase in initial claims last week were in unclassified jobs; health care and social assistance; retail trade; accommodation and food services; administrative and support services; and education.

Labor market regions with the most rapid over-the-year percentage increase in initial claims included: New York City (+781%), Hudson Valley (+615%), and Finger Lakes (+558%).

In the period since March 14, when pandemic-related economic restricts were begun in New York, initial claims are up 668 percent in the Mohawk Valley compared to the same period in 2019.

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