Initial unemployment claims in Missouri decreased to just over 10,800 for the week ended Aug. 1, down by about 4,000, or 22%, from the previous week, according to state labor department data.
That marked the lowest number of unemployment claims since the week ended March 21, when unemployment first began to surge due to the coronavirus. Since then, the weekly average for initial claims has been about 38,000. Initial claims peaked at more than 104,000 in late March and have been trending downward since early April.
Missouri had about 169,000 insured unemployment claims for the week ended July 25, down about 13,100, or 7.2%, from the week before, according to the U.S. Department of Labor.
Initial unemployment claims nationally decreased by 249,000 last week, to 1.18 million, according to the Labor Department. The four-week moving average for first-time claims was 1.33 million, down 31,000 from the previous week’s average.