Fri, 04/09/2021 - 4:23pm tim
by Timothy McQuiston, Vermont Business Magazine Regular weekly unemployment claims continue at a very high level as claimants were required to refile. Labor Commissioner Michael Harrington said last that the pandemic hit one year ago. The annual refiling then triggered the increase. However, initial claims are nearly 15,000 fewer than the same time last year.
(see tables below)
On April 3, 2020, the Labor Department reported 1,761 new weekly filings, an increase of 250. This week s filings, which are a recent high, are, however, 14,713 fewer than the same time last year.
Nationally, claims unexpectedly rose back over 700,000. These remain historically high numbers.
Pierre, SD, USA / DRGNews
Apr 8, 2021 8:41 AM
During the week of March 28-April 3, a total of 243 initial weekly claims for state unemployment benefits were processed by the Department of Labor and Regulation. This is a decrease of 56 claims from the prior week’s total of 299.
The latest number of continued state claims is 3,792 for the week ending March 27, a decrease of 1,057 from the prior week’s total of 4,849. This indicates the number of unemployed workers eligible for and receiving benefits after their initial claim.
For week ending April 3, a total of $1 million was paid out in state benefits, in addition to $1.3 million in Federal Pandemic Unemployment Compensation (FPUC), $90,000 in Pandemic Unemployment Assistance (PUA) and $299,000 in Pandemic Emergency Unemployment Compensation (PEUC) benefits.
Seyfarth Synopsis: On April 1, 2021,
Massachusetts Governor Charlie Baker signed a new
law
that, among other issues, addresses the solvency
of the Commonwealth s unemployment compensation fund by
imposing an excise on wages and permitting the Commonwealth to
issue bonds to fund unemployment. The law also includes tax relief
provisions for employers and employees, including gross income
exclusions for employers who received certain COVID-19 relief
benefits and a tax deduction for some individuals who received
unemployment compensation in 2020 or 2021. While the unemployment
and tax relief provisions of the bill are now law, the Governor
exercised his line-item veto power to send the section of the bill
Seyfarth Synopsis: On April 1, 2021, Massachusetts
Governor Charlie Baker signed a new law
that,
among other issues, addresses the solvency of the
Commonwealth s unemployment compensation fund by imposing an
excise on wages and permitting the Commonwealth to issue bonds to
fund unemployment. The law also includes tax relief provisions for
employers and employees, including gross income exclusions for
employers who received certain COVID-19 relief benefits and a tax
deduction for some individuals who received unemployment
compensation in 2020 or 2021. While the unemployment and tax relief
provisions of the bill are now law, the Governor exercised his
line-item veto power to send the section of the bill mandating