In an earlier TWEET I also pointed out that Oregon along with Washington and Michigan accounted for nearly half of all Workshare claimants.
I have extracted some Workshare related data from the latest weekly and monthly (June) unemployment insurance reports.
Observations:
Weekly
In the July 25th report Oregon's total (35,899) of initial AND continuing claims dropped significantly, led by a 33% /15,301 decline in continuing claims (from 46,120 to 30,819). Since many of the
public sector Workshare agreements had an ending date of July 25th, I
speculate that this drop off may be related to the loss of the $600 UI
supplement. I will be watching next weeks data to look for confirmation.
The July 25th data show that the "High Five" group of Workshare states [Michigan, New York, Oregon, Texas, and Washington] account for 64% of the national total, but Oregon's share of all Workshare claims dropped from 12% to 8%.
The graph below shows the latest combination of initial and continuing claims for those states and their percentage of all Workshare claims nationally.
Monthly:
Not all states have reported monthly data for June. As many of Workshare participants in the other "High Five" states were
also in the public sector the loss of the $600 supplement seems likely to result in a
drop off in participants, which may only be seen in the monthly data once the monthly
report for July comes out in late August.
Oregon's June report shows a substantial increase in the number of weeks compensated and in the amount compensated compared to May. The graph below shows those totals for each month in 2020. With the last month of July after the $600 supplement was cut off, I would expect to see a decline in Oregon counts once the July report comes out in late August.
Originally created and posted in the Oregon Housing Blog.
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