Unemployment insurance claims in Clark County fell last week, but if annual seasonal trends hold, unemployment may not be done increasing just yet.
Continued unemployment insurance claims, a closely watched indicator in a recovering job market, fell by 1.7 percent last week, from 6,445 to 6,335.
“There’s not been a whole lot of change over last month except a jump in restaurant claims,” said Scott Bailey, regional economist for Southwest Washington. “The trend is going to wrestle between COVID-related impacts and seasonal impacts.”
Initial unemployment claims in Clark County fell last week to 885, a drop from 1,575 the week before. About half of the change came from the hospitality sector, which includes restaurants. Initial construction claims also dropped from 150 to 82 last week.