San José, CA – The number of people receiving unemployment aid from federal and state governments remained very high in February. Most newspapers and media hailed the decline in the number of new applications for the regular state unemployment insurance and the federal Pandemic Unemployment Assistance, or PUA, for self-employed and gig workers for last week. However, the latest week reporting the number of people receiving aid for all programs – including UI, PUA, the federal Pandemic Emergency Unemployment Compensation or PEUC, and the state Extended Benefits – showed an increase of 700,000. The national total is nine times what it was before the start of the recession a year ago.
San José, CA – On Wednesday, November 25, the U.S. Department of Labor reported that new claims for regular state unemployment benefits increased for the second week in a row, up 30,000 to 778,000. This is the highest level in five weeks and the first time since July with back-to-back increases. Adding in the weekly new claims for the federal Pandemic Unemployment Assistance or PUA for the self-employed and gig workers, almost 1.1 million people sought government aid in the recession.
San José, CA – In less than two weeks the Federal Pandemic Unemployment Compensation or FPUC, which provides an extra $600 a week to those who are unemployed because of the COVID-19 pandemic, will end. The FPUC was part of CARES act passed back in March as disaster relief as the pandemic began to ravage the U.S. economy.