Weekly unemployment insurance claims drop
BATON ROUGE - First-time claims for unemployment insurance in Louisiana for the week ending Oct. 19 decreased from the previous week's total.
The state labor department figures released Friday show the initial claims decreased to 2,311 from the previous week's total of 2,513. For the comparable week a year earlier, there were 2,891 initial claims.
The four-week moving average, which is a less volatile measure of claims, decreased to 2,397 from the previous week's total of 2,443.
Continued unemployment claims claimed for the week ending Oct. 19 increased to 22,949 compared to 22,760 the previous week.
The four-week moving average for such claims decreased to 23,138 from the previous week's average of 23.368.
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