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Note:

The Philadelphia Fed discontinued the Weekly Labor Market Information report as of November 10, 2021.

Weekly Labor Market Information

The COVID-19 pandemic has had a significant impact on the economy. Given the severity of the economic shock and the speed with which the economy has changed, the researchers at the Federal Reserve Bank of Philadelphia and our colleagues in Districts around the country have been compiling data to better understand the scope of the economic damage caused by the pandemic.

In the latter half of March 2020, the Philadelphia Fed released Weekly Labor Market Information for Delaware, New Jersey, and Pennsylvania. This report discusses the impact of the COVID-19 pandemic on initial unemployment insurance (UI) claims and continuing UI claims for the three states in the Third District as well as for the entire United States. It also provides data on how many workers filed claims for Pandemic Unemployment Assistance and Pandemic Unemployment Emergency Compensation, two relief programs created under the Coronavirus Aid, Relief, and Economic Security (CARES) Act.

This report features relevant data for the regional and national economies with an emphasis on more timely, higher-frequency information, including UI claims from the Bureau of Labor Statistics and a staffing index from the American Staffing Association. As the pandemic has eased, both data series have resumed more normal paths. The report issued on November 10, 2021, was the final one of 85 total weekly reports released.

The Weekly Labor Market Information reports from March 2020 through November 2021 can be found below.

weekly labor market information chart

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Last updated: November 10, 2021, 3:00 PM EST