Unemployment claims in Missouri surged last week, driven by the COVID-19 pandemic. Initial jobless claims in the state reached 40,508 for the week ending March 21. That was up from 4,016 the previous week, according to U.S. Department of Labor data that was not seasonally adjusted.
The increase in initial claims in Missouri and across the U.S. was due to the impacts of the COVID-19 outbreak, according to the department.
Nationally, the advance figure for seasonally adjusted initial claims was just shy of 3.3 million, an increase of about 3 million compared to the previous week. That marks the highest level of seasonally adjusted initial claims in the history of the seasonally adjusted series, according to the department. The previous high was 695,000 in 1982.