OKLAHOMA CITY — The Oklahoma Employment Security Commission (OESC) today reports that the continued claims 4-week moving average is less than 100,000 for the first time since the COVID-19 pandemic started. Additionally, the same metric, which refers to unemployment workers who have already filed a claim and continue to receive weekly benefits, has continued its decline for the 16th straight week, landing at 90,445 for the week ending October 10.
“These downward trending numbers are encouraging because they indicate that more Oklahomans are finding employment,” OESC Executive Director, Shelley Zumwalt said. “Despite the promising numbers, we are continuing to work tirelessly to provide Oklahomans the support they need.”
Weekly Unemployment Numbers for Week Ending October 10:
• For the week ending October 10, the advance number of initial claims, unadjusted, totaled 4,840, a decrease of 940 from the previous week’s revised level of 5,780.
• Initial claims’ fourweek moving average was 5,328, a decrease of 189 from the previous week’s revised average of 5,517.
• The advance unadjusted number of continued claims totaled 70,832, a decrease of 17,295 from the previous week’s revised level of 88,127.
• Continued claims’ four-week moving average was 90,445, a decrease of 10,019 from the previous week’s revised average of 100,464.