Northwest Georgia’s first-time jobless claims in September dropped by 8.5 percent compared to August reports but also were still eight times higher than the ninth month of 2019.
Some 5,992 claims were filed with the Georgia Department of Labor last month vs. 6,550 in August and 838 in September 2019. It shows the market continues to recover from the first months of the coronavirus pandemic.
The Rome/Floyd County labor force was 41,900 jobs — unchanged in September vs. the same month last year. It did represent a 100-job increase from August of this year.
Grim numbers from the the Georgia Department of Labor: In a media release, the department reports it has paid almost $14.8 billion in state and federal benefits since the beginning of the pandemic in March of this year. These payments include over $1 billion in Lost Wages Assistance (LWA) payments, the latest federal stimulus program, to 654,730 Georgians. Last week, the GDOL issued $202 million in benefits, which included regular unemployment and federally funded LWA supplements, Pandemic Emergency Unemployment Compensation (PEUC), Pandemic Unemployment Assistance (PUA), Federal Pandemic Unemployment Compensation (FPUC), and State Extended Benefits (SEB).
LWA is a program funded by the Federal Emergency Management Administration’s (FEMA) Disaster Relief Fund that allows distribution of an additional $300 weekly supplement to eligible individuals receiving UI benefits from state and federal unemployment insurance programs for weeks ending Aug. 1 through Sept. 5. GDOL issued nearly $23 million in LWA payments last week. The GDOL will continue to issue LWA payments as additional claimants become eligible.
From week ending 3/21/2020 through 10/3/2020, 3,826,770 regular UI initial claims have been processed, more than the last eight years combined (3.3 million). Of those, 2,540,244 were employer filed claims (66%), and 1,286,526 were individual claims.
The number of initial unemployment claims filed in Georgia for the week ending Oct. 3 was 44,874, up 1,348 over the week. The number of initial unemployment claims filed throughout the United States for the week ending Oct. 3 was 840,000, a decrease of 9,000 from the previous week’s revised level of 849,000.
From week ending 3/21/2020 through 10/3/2020, the sectors with the most regular UI initial claims processed included Accommodation and Food Services, 918,930, Health Care and Social Assistance, 443,855, Retail Trade, 407,386, Administrative and Support Services, 328,377, and Manufacturing, 298,169.