Jobs claims increase from Katrina

September 29, 2005

While total first-time jobless claims in the United States were down by 79,000 last week, for a total of 356,000 new claims compared to the 435,000 claims filed the previous week, 60,000 more people left without jobs by Hurricane Katrina filed claims last week. Those brought to 279,000 the number of jobless claims attributed to Katrina.

The figure of Katrina-related claims from two weeks ago was revised upward from 103,000 to 108,000, and in the first two weeks after the storm 20,000 and 91,000 Katrina-related claims were filed. Analysts believe that there are more Katrina-related claims to come as mobile claims offices travel to shelters and take the claims of those who have not been able to reach unemployment offices to file.

Some private analysts expect the total number of people put out of work by Katrina to reach 500,000, while the Congressional Budget Office says the number of jobless as a result of the storm could reach around 400,000. There is also expected to be a rise in claims from those put out of work by Hurricane Rita.

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