Mixed Claims Picture Based On Program

In the past, we have noted the changing composition of continuing jobless claims with extension-based programs like Extended Benefits and PEUC taking up an increased share of total claims. For the most recent week, that picture is a bit mixed up. While the 230.78K decline for the Extended Benefits program meant these claims fell to the lowest since early December at 787K, PEUC claims (which is also a larger program with 5.6 million claims) were higher and in the middle of the past several weeks’ range. Together, these two extension programs’ share of total claims has peaked for the time being but still account for over 35% of total continuing claims. 

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