SMLL - COVID-19 Recession - No Change In Situation: The iM-Weekly Unemployment Monitor - Update 9/10/2020

Today’s DOL Unemployment Insurance Weekly Claims shows no improvement in the insured employment situation.

The non-seasonal adjusted initial claims at 857,148 are up by 20,140 when compared to the previous week. Also, the non-seasonal adjusted continuous insured unemployed at 13,197,059 has increased by 54,472 over the last week.

Also, the total persons claiming some form of UI benefit as of August 22 are reported by the DOL as 29,605,064, an increase of 380,379 from last week’s upward revised figure.

These figures signal there is no improvement in return to work numbers and no easing of