This dashboard allows you to explore weekly unemployment insurance trends in the State of Nevada. The entire report is sourced from Nevada’s Weekly Claims and Extended Benefits Trigger Data report. Data from this report can be found on the ETA Office of Unemployment Insurance’s data downloads website (https://oui.doleta.gov/unemploy/DataDownloads.asp).
Definitions:
Initial Claims: An initial claim is a claim filed by an unemployed individual after a separation from an employer. The claimant requests a determination of basic eligibility for the UI program. When an initial claim is filed, certain programmatic activities take place and these result in activity counts including the count of initial claims. The count of initial claims for unemployment insurance is a leading economic indicator because it is an indication of emerging labor market conditions in the area. (Definition from U.S. Department of Labor)
Continued Claims: A person who has already filed an initial claim and who has experienced a week of unemployment then files a continued claim to claim benefits for that week of unemployment. Continued claims are also referred to as insured unemployment. The count of continued weeks claimed is also a good indicator of labor market conditions. Continued claims reflect the current number of insured unemployed workers filing for UI benefits. While continued claims are not a leading indicator (they roughly coincide with economic cycles at their peaks and lag at cycle troughs), they provide confirming evidence of the direction of the economy. (Definition from U.S. Department of Labor)
Extended Benefits: Nevada’s extended benefits trigger “ON” under two scenarios. (1) When the EB Trigger rate equals or exceeds 120 percent of the average rates for the corresponding 13-week period ending in each of the preceding 2 calendar years AND equals or exceeds 5 percent. (2) When the EB Trigger rate equals or exceeds 6 percent. An extended benefit period would begin in the third week after a week there is an “ON” indicator. (NRS 612.377)
The visualizations are completed in ggplotly, allowing the user to zoom-in on date ranges and download the selected range as an image. Dashboard developed by the State of Nevada Department of Employment, Training, and Rehabilitation’s Research & Analysis Bureau. Please contact the department should you have any questions or desired additions.
Special thanks to all the R and RStudio developers that built the following packages to make this dashboard possible!
Packages Used in this Dashboard:
tidyverse
flexdashboard
rmarkdown
viridis
lubridate
ggthemes
scales
plotly
data.table
RcppRoll
kableExtra
knitr
leaflet
rgdal
htmltools