Initial Unemployment Claims in Florida
Definition:
Initial Unemployment Claims show the number of individuals that filed for unemployment insurance for the first time after losing a job through no fault of their own. This figure is not seasonally adjusted.
Source:
U.S. Dept. of Labor: Employment and Training Administration
Frequency:
Weekly Initial Unemployment Claims are released each Thursday, representing claims that were filed two weeks prior, and reflecting a job loss that occurred three weeks prior. Increasing unemployment in Florida decreases spending and therefore decreases demand for goods and services.
