During the week of Jan. 24-30, a total of 473 initial weekly claims for state unemployment benefits were processed by the Department of Labor and Regulation. This is a decrease of 107 claims from the prior week’s total of 580.
A total of $1.2 million was paid out in state benefits, in addition to $1.3 million in Federal Pandemic Unemployment Compensation (FPUC), $38,000 in Pandemic Unemployment Assistance (PUA) and $275,000 in Pandemic Emergency Unemployment Compensation (PEUC) benefits.
The Unemployment Insurance Trust Fund balance was $157.8 million on Jan. 31.
The latest number of continued state claims is 5,291 for the week ending Jan. 23, an increase of 375 from the prior week’s total of 4,916. This indicates the number of unemployed workers eligible for and receiving benefits after their initial claim.
Benefits paid since March 16, 2020:
· Regular State = $98.7 million
· FPUC = $215.0 million
· PUA = $18.8 million
· PEUC = $5.1 million
Total = Approximately $337.6 million
Nationally…..
WASHINGTON (AP) — The number of Americans seeking unemployment benefits fell to 779,000 last week, a historically high total that shows that a sizable number of people are still losing jobs to the viral pandemic. Last week’s total dropped from 812,000 the previous week, the Labor Department said Thursday, and is the lowest in two months. Before the virus erupted in the United States in March, weekly applications for jobless aid had never topped 700,000, even during the Great Recession.
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