First-time claims for unemployment insurance in Louisiana for the week ending Oct. 29 increased to 3,435 from the previous week’s total of 3,231.
The state labor department figures released Friday show the four-week moving average, which is a less volatile measure of claims, increased to 3,454 from the previous week’s total of 3,404.
Continued unemployment claims claimed for the week ending Oct. 29 totaled 40,503, a decrease from 41,225 the previous week. The four-week moving average for such claims decreased to 41,053 from 41,491.
Active drilling rigs now number 2,026
HOUSTON — The number of rigs actively exploring for oil and natural gas in the U.S. rose by five this week to 2,026.
Houston-based drilling product provider Baker Hughes Inc. reported Friday that 1,112 rigs were exploring for oil and 907 for natural gas. Seven were listed as miscellaneous. A year ago this week the rig count stood at 1,683.
Of the major oil- and gas-producing states, Louisiana gained four rigs, Oklahoma, Texas and Wyoming each gained two and Alaska and Colorado each gained one.
California and Pennsylvania each lost four rigs, Arkansas lost two and New Mexico lost one. North Dakota and West Virginia were unchanged.