OKLAHOMA CITY – The Oklahoma Employment Security Commission (OESC) reports that continued claims and the continued claims’ four-week moving average declined, while initial claims and the initial claims’ four-week moving average increased slightly for the week ending May 14.
“Oklahoma has sustained its position as a national leader in economic recovery and strength, and we continue to build on that momentum to maintain our thriving economy,” said OESC Executive Director Shelley Zumwalt. “The decrease in continued claims in both the weekly and four-week moving average is a strong indicator of the overall health of the workforce. OESC remains committed to providing reemployment services to help individuals find jobs across the state.”
Weekly Unemployment Numbers for Week Ending May 14
- For the file week ending May 14, the number of initial claims, unadjusted, totaled 1,890, an increase of 176 from the previous week's level of 1,714.
- For the same file week, the less volatile initial claims’ 4-week moving average was 1,942, an increase of 28 from the previous week's average of 1,914.
- The number of continued claims totaled 11,266, a decrease of 132 from the previous week’s level of 11,398.
- Continued claims’ four-week moving average was 11,163, a decrease of 38 from the previous week's average of 11,201.
Nationally, the advance figure for seasonally adjusted initial claims for the week ending May 21 was 210,000, a decrease of 8,000 from the previous week's unrevised level, the U.S. Department of Labor (U.S. DOL) reports. The four-week moving average was 206,750, an increase of 7,250 from the previous week's unrevised average. For the week ending May 14, the U.S. DOL reports the advance seasonally adjusted insured unemployment rate was 1.0%, an increase of 0.1 percentage point from the previous week’s unrevised rate.
The national weekly seasonally adjusted initial claims report is one of 10 components in the Composite Index of Leading Economic Indicators. To smooth out the volatility in the weekly initial claims data, a four-week moving average is used to assess trends.
OESC is an excellent resource for people looking to reenter the job market by connecting Oklahomans with available employment throughhttps://okjobmatch.com/.
To learn about labor market information, including wage information, skills employers are looking for, standard pay, how to negotiate salary, and more, visit https://oklahoma.gov/oesc/labor-market.
For resume writing assistance and access to hiring events, visit an Oklahoma Works - American Job Center location. Locations can be found at https://oklahoma.gov/oesc/locations.
Claimants looking for work who need child care assistance are encouraged to use the Oklahoma Department of Human Services’ (OKDHS) 60 days of subsidized child care by visiting https://okdhslive.org/.
All RESEA selected claimants will receive labor market information that provides claimants with information about the job market, including skills employers are looking for, standard pay, how to negotiate salary, and more.
Individuals seeking unemployment benefits should go tohttps://ui.ok.gov and create an account with the Get Started button to connect their Social Security number and pull all unemployment information into one location.
Unemployment claimants should be aware that not returning to work when recalled or when work is available could potentially lead to disqualification from receiving unemployment benefits.
Employers may report this activity by emailing firstname.lastname@example.org, calling 405-962-7524, or mailing OESC at P.O. Box 52006, Oklahoma City, OK, 73152-2006.
If a claimant returns to work full time, they should keep their unemployment claim open with OESC and not certify a weekly claim. If they return part-time, a claimant may continue to certify their weekly claim and must report all gross earnings for the week to potentially receive a partial benefit. Eligibility for continued benefits is determined by the circumstances of each individual claimant.