New Ohio Jobless Claims Down 6% from Peak
COLUMBUS, Ohio – The Ohio Department of Job and Family Services reports 16,294 new unemployment claims were filed for the week ended Sept. 12, along with 320,532 continued claims.
Initial jobless claims in the Buckeye state are down from just shy of 18,000 the week prior, and are 257,921 – or less than 6% of – the peak earlier in the year. Continued claims are also down from 328,515 week-over-week.
Since the coronavirus pandemic began affecting Ohio 26 weeks ago, there have been 1,698,355 initial unemployment claims filed in the state. Of the claims received 94% have been processed.
In that time, Job and Family Services has disbursed more than $6.3 billion in unemployment compensation to more than 804,000 Ohioans. In addition, the agency has paid $5.6 billion in pandemic unemployment assistance to 561,000 claimants.
In Pennsylvania, the state Department of Labor reports 22,626 initial claims for the week ended Aug. 29, down from 24,883 from the week prior. Since the pandemic began, there have been 2,100,739 unemployment claims filed.
The department has disbursed $4.7 billion in unemployment compensation and $4.5 billion pandemic unemployment assistance.
The number of Americans applying for unemployment benefits fell last week to 860,000, a historically high figure that reflects economic damage from the coronavirus outbreak.
Before the pandemic hit the economy, the number signing up for jobless aid had never exceeded 700,000 in a week, even during the depths of the 2007-2009 Great Recession.
The Labor Department said Thursday that U.S. jobless claims fell by 33,000 form the previous week and that 12.6 million are collecting traditional unemployment benefits, compared with just 1.7 million a year ago.
The outbreak slammed the U.S. economy in the spring, causing the economy to collapse at a 31.7% annual rate from April through June, by far the worst three months on record. Companies and government agencies slashed 22 million jobs.
The outbreak slammed the U.S. economy in the spring, causing the economy to collapse at a 31.7% annual from April through June, by far the worst three months on record. Companies and government agencies slashed 22 million jobs.
Since then, the economy and job market have been rebounding. Employers added 10.6 million jobs from May through August — but the United States still has recovered less than half the jobs lost in March and April.
The recovery remains fragile, imperiled by continuing COVID-19 cases and a failure to deliver another economic rescue package in Washington.
An extra $600 in weekly unemployment benefits ran out July 31, squeezing households that had depended on the beefed-up payments. President Donald Trump issued an executive order Aug. 8 providing a scaled-back version of the expanded jobless aid. Most states signed up for federal grants that let them increase weekly benefits by $300 or $400.
That program is expiring.
Charissa Ward, 37, was furloughed in April from her job as a server at a restaurant in Disney’s Hollywood Studios resort near Orlando, Florida. Since then, she’s been helping at her partner’s online retail business, applying for jobs and waiting to see what Disney will do. “We have no idea when we’re going to get called back,’’ she said.
The extra $600 in weekly jobless benefits didn’t replace all her lost income but helped. The reduced $300 she received briefly from Trump’s program made life “a little less stressful.’’ But Ward said Congress needs to agree to another financial rescue and do “what’s best for working people.’’
The Associated Press contributed to this story.
Published by The Business Journal, Youngstown, Ohio.