Initial Unemployment Claims in Michigan

What is it and why does it matter?

This measure tracks the number of first-time claims filed after an unemployed individual separates from an employer. The claim requests a determination of basic eligibility for the Unemployment Insurance program. Initial unemployment claims give an idea of how many people are filing for unemployment.

Reference

U.S. Employment and Training Administration, Initial Claims in Michigan [MIICLAIMS], retrieved from FRED, Federal Reserve Bank of St. Louis