Georgia Unemployment Claims Reach Record High in April

Darnell Taylor
May 24, 2020

"However, the cause of this high unemployment rate differs greatly from that of the previous record, and I have no doubt that we will recover just as quickly and get back to our record lows once again".

The latest report was marred by another data-entry error, this time from MA.

More than 138,000 ME residents have filed a claim for unemployment benefits since the coronavirus pandemic hit the state's economy with full force in March.

Unemployment payments jumped to at least $16.2 billion in April, up more than five-fold from February, as layoffs attributed to the coronavirus pandemic swept through the economy.

Jobs in Georgia were down by 492,100 over the month, the lowest number of jobs on record in six years.

The U.S. Labor Department reported on Thursday another 2.4 million people filed for unemployment benefits for the first time last week, bringing total filings since mid-March to almost 39 million. That sent the insured unemployment rate, or the number of people now receiving unemployment insurance as a share of the total eligible labor market, to 17.2 per cent for that period.

The number of weekly applications has slowed for seven straight weeks, and last week the figures declined in 38 states and the District of Columbia.

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That program is aimed at workers like contractors and self-employed people who would not normally qualify for traditional benefits - indicating the weekly job losses may be closer to 4.7 million.

On top of that, there were 54,460 initial unemployment claims filed last week in MI, down 706 from the week before.

The enormous influx of claims has overwhelmed state unemployment offices.

In addition, about 35,700 continued claims were filed under the assistance program, including for retroactive benefit weeks.

Meanwhile, 1.9 million Pennsylvanians have sought unemployment benefits since mid-March, nearly one-third of the labor force in April. Continuing claims on that basis totaled 22.9 million for the week ended May 9, following 20.9 million.

Following last week's report, CT said it had incorrectly reported its unemployment claims, overstating the number by about 10 times because of a data-entry reporting error.

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