PIERRE, S.D. – During the week of May 2-8, a total of 266 initial weekly claims for state unemployment benefits were processed by the Department of Labor and Regulation. This is an increase of 2 claims from the prior week’s total of 264.
The latest number of continued state claims is 2,576 for the week ending May 1, a decrease of 626 from the prior week’s total of 3,202. This indicates the number of unemployed workers eligible for and receiving benefits after their initial claim.
For the week ending May 8, a total of $453,000 was paid out in state benefits, in addition to $815,000 in Federal Pandemic Unemployment Compensation (FPUC), $78,000 in Pandemic Unemployment Assistance (PUA) and $316,000 in Pandemic Emergency Unemployment Compensation (PEUC) benefits.
The Unemployment Insurance Trust Fund balance was $161.4 million on May 9.
