Continued Claims (Insured Unemployment) in Virginia
VACCLAIMS • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
21,457.00
Year-over-Year Change
19.90%
Date Range
5/27/2006 - 7/19/2025
Summary
The Continued Claims (Insured Unemployment) in Virginia tracks the number of workers in the state who are receiving unemployment insurance benefits after an initial claim. This metric provides insight into the labor market and economic conditions.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Continued Claims (Insured Unemployment) in Virginia represents the number of individuals who have filed an unemployment insurance claim and are currently receiving benefits. This data is used by economists and policymakers to gauge the strength of the state's labor market and assess the impact of economic events or policy changes.
Methodology
The data is collected by the U.S. Department of Labor based on reports from state workforce agencies.
Historical Context
Trends in continued claims help inform decisions around labor market policies and social safety net programs.
Key Facts
- Virginia's continued claims peaked at over 400,000 in 2020 due to the COVID-19 pandemic.
- Continued claims have steadily declined since mid-2021 as the labor market has recovered.
- The continued claims data is released weekly by the U.S. Department of Labor.
FAQs
Q: What does this economic trend measure?
A: The Continued Claims (Insured Unemployment) in Virginia tracks the number of workers in the state who are receiving unemployment insurance benefits after an initial claim.
Q: Why is this trend relevant for users or analysts?
A: This metric provides valuable insight into the strength of Virginia's labor market and can help inform economic policymaking and business decisions.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Department of Labor based on reports from state workforce agencies.
Q: How is this trend used in economic policy?
A: Trends in continued claims help inform decisions around labor market policies and social safety net programs in Virginia.
Q: Are there update delays or limitations?
A: The continued claims data is released weekly by the U.S. Department of Labor with minimal delays.
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Citation
U.S. Federal Reserve, Continued Claims (Insured Unemployment) in Virginia (VACCLAIMS), retrieved from FRED.