Initial unemployment claims in California decreased sharply during the most recent reported week and fell to their lowest level in 10 months, a federal report released Thursday shows, marking a rare bright spot for the state’s economy while the coronavirus rages on.
An estimated 123,970 California workers filed first-time jobless claims during the week that ended Jan. 16, which was down 58,655 from the 182,625 workers who filed initial claims in the week that ended Jan. 9, the U.S. Labor Department reported.
The number of initial unemployment claims in California fell to the lowest level since March 14, which marked the beginning of coronavirus-linked business shutdowns ordered by state and local government agencies to combat the spread of the deadly bug.
The decrease in first-time jobless claims for the week that ended on Jan. 16 represented the largest weekly decline in unemployment filings for California. The largest previous one-week drop came on May 9, when claims declined by 103,590.
Unemployment claims in the United States totaled 900,000 for the week that ended on Jan. 16, down 26,000 from the 926,000 first-time claims that were filed in the week ending Jan. 9.