What Is the Path Ahead for Initial UI Claims?

In Pennsylvania, recent initial UI claims have hit record highs. On a daily basis, the record peak was 90,677 initial UI claims filed on Friday, March 20. This peak followed the March 19 statewide order that all nonessential businesses must close. On a weekly basis, the published series peaked at 404,677 (revised) for the week ending March 28, while the seven-day moving sum of the daily data peaked on Monday, March 23, at 487,212 claims. Since then, the seven-day moving sum has fallen steadily — now near 60,000.