During the week of Oct. 18-24, a total of 391 initial weekly claims for state unemployment benefits were processed by the Department of Labor and Regulation. This is a decrease of 94 claims from the prior week’s total of 485.
A total of $758,000 was paid out in state benefits, in addition to $435,000 in Federal Pandemic Unemployment Compensation (FPUC), $305,000 in Pandemic Unemployment Assistance (PUA) and $180,000 in Pandemic Emergency Unemployment Compensation (PEUC) benefits.
The Unemployment Insurance Trust Fund balance was $118.9 million on Oct. 25.
The latest number of continued state claims is 4,375 for the week ending Oct. 17, an increase of 55 from the prior week’s total of 4,320. This indicates the number of unemployed workers eligible for and receiving benefits after their initial claim.
Benefits paid since March 16:
- Regular State = $85.9 million
- FPUC = $207.7 million
- PUA = $15.8 million
- PEUC = $2.3 million
Total = Approximately $311.7 million
Nationally,
WASHINGTON (AP) — The number of Americans seeking unemployment benefits fell last week to 751,000, the lowest since March but a figure that remains historically high and indicates the viral pandemic is still forcing many employers to cut jobs. Rising confirmed virus cases in nearly every state, along with a cutoff in federal aid, are threatening to weaken the economy in the coming months. As temperatures fall, restaurants and bars will likely serve fewer customers outdoors. And many consumers may increasingly stay home to avoid infection. Those trends could force employers to slash more jobs during the winter.
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