Weekly unemployment claims edge up in Missouri, fall below 1M nationally

More than 10,400 Missourians filed initial unemployment claims for the week ending Aug. 29, an increase of 13.3% over the previous week, according to the state labor department.

However, the trend for weekly unemployment claims continued on a downward path. The four-week average for initial claims registered just above 9,800, its lowest level since mid-March, when coronavirus-related shutdowns began to drive job losses.

The number of people who remained on the state’s unemployment rolls for the week ended Aug. 22 declined to about 103,000, according to the U.S. Department of Labor. That was down nearly 16,000, or 13.2%, from the week before.

Nationally, initial claims fell below 1 million for just the second time since mid-March, with 881,000 people filing for the week. The four-week average also dipped under 1 million, to about 992,000.

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