During the week of June 6-12, 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 13 claims from the prior week’s total of 253.
South Dakota will terminate its participation in the federal pandemic-related unemployment assistance programs effective on the week ending June 26, 2021. DLR will continue to pay regular State claims.
The latest number of continued state claims is 1,873 for the week ending June 5, an increase of 279 claims from the prior week’s total of 1,594. This indicates the number of unemployed workers eligible for and receiving benefits after their initial claim.
For the week ending June 12, a total of $311,000 was paid out in state benefits, in addition to $704,000 in Federal Pandemic Unemployment Compensation (FPUC), $69,000 in Pandemic Unemployment Assistance (PUA) and $282,000 in Pandemic Emergency Unemployment Compensation (PEUC) benefits.
The Unemployment Insurance Trust Fund balance was $160.9 million on June 13.
Benefits paid since March 16, 2020:
- Regular State = $114.8 million
- FPUC = $237.2 million
- PUA = $20.8 million
- PEUC = $10.8 million
Total = Approximately $383.5 million
Nationally…..
WASHINGTON (AP) — The number of Americans applying for unemployment benefits rose last week for the first time since April despite widespread evidence that the economy and the job market are rebounding steadily from the pandemic recession. Jobless claims rose 37,000 from the week before. As the job market has strengthened, the number of weekly applications for unemployment aid has fallen for most of the year. The weekly number of jobless claims generally reflects the pace of layoffs. With vaccinations up and more consumers venturing out to spend — on restaurant meals, airline fares, movie tickets and store purchases — the economy is rapidly recovering from the recession.
Comments