During the week of May 2-8, a total of 266 initial weekly claims for state unemployment benefits were processed by the Department of Labor and Regulation. This is an increase of 2 claims from the prior week’s total of 264.
The latest number of continued state claims is 2,576 for the week ending May 1, a decrease of 626 from the prior week’s total of 3,202. This indicates the number of unemployed workers eligible for and receiving benefits after their initial claim.
For the week ending May 8, a total of $453,000 was paid out in state benefits, in addition to $815,000 in Federal Pandemic Unemployment Compensation (FPUC), $78,000 in Pandemic Unemployment Assistance (PUA) and $316,000 in Pandemic Emergency Unemployment Compensation (PEUC) benefits.
The Unemployment Insurance Trust Fund balance was $161.4 million on May 9.
Benefits paid since March 16, 2020:
- Regular State = $113.2 million
- FPUC = $233.6 million
- PUA = $20.4 million
- PEUC = $9.3 million
Total = Approximately $376.5 million
Nationally…..
WASHINGTON (AP) — The number of Americans seeking unemployment benefits fell last week to 473,000, a new pandemic low and the latest evidence that fewer employers are cutting jobs as consumers ramp up spending and more businesses reopen. Applications declined 34,000 from a revised 507,000 a week earlier. The number of weekly jobless claims — a rough measure of the pace of layoffs — has fallen significantly from a peak of 900,000 in January. Instead of cutting jobs, many employers are struggling to attract enough applicants for open positions.
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