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State jobless claims rise 30%

First-time jobless claims rose 30% in Oklahoma last week compared to the previous week, according to a government report.

The U.S. Department of Labor reported Thursday that 1,771 initial jobless claims were filed in the week ending Saturday in the state. The total is 415 higher than the upwardly revised total of 1,356 it closed the week ending February 11.

Initial filings have not been as numerous since the week ending Sept. 10, when a revised total of 1,748 filings were filed in the state for the first time.

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Continuing claims, meanwhile, those filed after at least a week of unemployment, fell nearly 3% from 10,702 claims in the week ending Feb. 4 to 10,391 claims the following week.

Two long-term metrics for measuring jobless claims also saw an increase.

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The four-week moving average of claims for the first time increased from 1,261 in the week ending February 11 to 1,400 claims in the week ending February 18.

Similarly, the four-week rolling average of continued requests increased from 10,535 requests in the week ending February 4 to 10,560 requests the following week.

Two neighboring states – Arkansas and Kansas – have seen an increase in initial claims along with Oklahoma.

Nationwide, initial claims fell by 3,000 to 192,000 from the week ending Feb. 11 to the week ending Saturday, according to seasonally adjusted data.

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