Acadiana Business

First-time unemployment claims rise

by Walter Pierce

The Louisiana Workforce Commission said Friday that initial claims rose to 2,125 from the previous week's total of 1,964. There were 2,887 initial claims during the comparable week in 2013.

BATON ROUGE, La. (AP) - First-time claims for unemployment insurance in Louisiana for the week ending March 1 increased from the previous week's total.

The Louisiana Workforce Commission said Friday that initial claims rose to 2,125 from the previous week's total of 1,964. There were 2,887 initial claims during the comparable week in 2013.

The four-week moving average, which is a less volatile measure of claims, increased to 2,119 from the previous week's average of 2,084.

Continued unemployment weeks claimed for the week ending March 1 decreased to 21,409 compared to 21,835 the previous week. The four-week moving average for such claims decreased to 22,151 from the previous week's average of 22,502.