PIERRE, S.D. (KELO.com) – During the week of Feb. 28-March 6, a total of 248 initial weekly claims for state unemployment benefits were processed by the Department of Labor and Regulation.
This is a decrease of 193 claims from the prior week’s total of 441.
A total of $1.3 million was paid out in state benefits, in addition to $1.6 million in Federal Pandemic Unemployment Compensation (FPUC), $166,000 in Pandemic Unemployment Assistance (PUA) and $297,000 in Pandemic Emergency Unemployment Compensation (PEUC) benefits.
The Unemployment Insurance Trust Fund balance was $152.6 million on March 7.
The latest number of continued state claims is 5,707 for the week ending Feb. 27, a decrease of 259 from the prior week’s total of 5,966. This indicates the number of unemployed workers eligible for and receiving benefits after their initial claim.
Benefits paid since March 16, 2020:
· Regular State = $105.3 million
· FPUC = $222.4 million
· PUA = $19.3 million
· PEUC = $6.6 million
Total = Approximately $353.6 million
(The S.D. Dept. of Labor contributed this report/news release.)
