During the week of Sept. 27 through Oct. 3, a total of 404 initial weekly claims for state unemployment benefits were processed by the Department of Labor and Regulation. This is an increase of 137 claims from the prior week’s total of 267.
A total of $889,000 was paid out in state benefits, in addition to $527,000 in Federal Pandemic Unemployment Compensation (FPUC), $504,000 in Pandemic Unemployment Assistance (PUA) and $113,000 in Pandemic Emergency Unemployment Compensation (PEUC) benefits.
The Unemployment Insurance Trust Fund balance was $120.3 million on Oct. 4.
The latest number of continued state claims is 4,975 for the week ending Sept. 26, a decrease of 1,192 from the prior week’s total of 6,167. This indicates the number of unemployed workers eligible for and receiving benefits after their initial claim.
Benefits paid since March 16:
- Regular State = $83.5 million
- FPUC = $206.0 million
- PUA = $14.6 million
- PEUC = $1.9 million
Total = Approximately $306 million
Nationally,
WASHINGTON (AP) — The number of Americans seeking unemployment benefits fell slightly last week to a still-high 840,000, evidence that job cuts remain elevated seven months into the pandemic recession. The latest sign of a flagging recovery comes two days after President Donald Trump cut off talks over a new rescue aid package that economists say is urgently needed for millions of unemployed Americans and struggling businesses. A failure to enact another round of government aid would crimp household income and spending, and some economists say it would raise the risk of a double-dip recession.
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