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Initial unemployment claims for regular unemployment decreased the week of Dec 6-12

During the week of December 6 – December 12, there were 19,547 initial regular unemployment claims (down 20.5 percent from the prior week) and 491,261 total claims for all unemployment benefit categories (down 0.3 percent from the prior week) filed by Washingtonians, according to the Employment Security Department (ESD). Initial regular claims applications remain at elevated levels and are at 168 percent above last year’s weekly new claims applications. Pandemic Unemployment Assistance (PUA) initial claims, Pandemic Emergency Unemployment Compensation (PEUC) initial claims and continued/ongoing claims for regular benefits all increased over the week. Decreases in regular initial claims over the week occurred across most industry sectors with the largest decreases over the week occurring in the Accommodation and food services (-1,585) and Construction (-1,284) industry sectors.

COVID-19 Relief Talks Hit An 11th-Hour Snag

Updated Dec 19, 2020 Coronavirus relief negotiations remain fragile and uncertain. By Matt Fuller, Arthur Delaney, and Tara Golshan Hannah Mckay / Reuters House Speaker Nancy Pelosi (D-Calif.) and Senate Minority Leader Chuck Schumer (D-N.Y.) speak to reporters at the Capitol on Nov. 12,. WASHINGTON ― Congress passed another short-term funding extension on Friday to give lawmakers more time to finish a coronavirus deal. Days of disagreements and drafting hiccups have suddenly threatened the fragile relief bill, with some Republicans opposed to the structure of stimulus checks and looking to constrain the Federal Reserve’s lending power. New restrictions on the Fed could hamper the incoming Biden administration’s ability to respond to financial challenges and could lead to a further economic downturn.

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