Insured Unemployment

Insured unemployment is like the regular unemployment ratio but with the benefit of having weekly releases as opposed to monthly releases for the main unemployment rate. In a time when the economic landscape is changing rapidly, that greater frequency is particularly helpful.

This ratio is slightly different from unemployment but highly correlated. It takes the number of continued claims (also known as insured unemployment) and divides it by the number of people under covered employment, which is the total number of employees who are covered under state unemployment insurance programs.