Georgia Pays Out Over $11 Billion in Unemployment Benefits
Friday, July 31st, 2020
The Georgia Department of Labor (GDOL) announced today it has paid out more than $11 billion in state and federal unemployment benefits since the middle of March. These payments include regular state unemployment insurance (UI), Federal Pandemic Unemployment Compensation (FPUC), Pandemic Unemployment Assistance (PUA), Pandemic Emergency Unemployment Compensation (PEUC), and State Extended Benefits (SEB).
Payments last week totaled $778,136,584 in regular UI, FPUC, PUA, PEUC, and SEB. Since March 21, $11,259,316,877 has been paid to eligible Georgians in unemployment benefits.
Last week, claims were down 37,329 from the week prior for a total of 84,984 for week ending 7/25.
“As additional claims are being filed, we have been able to maintain an impressive ratio of eligible claims filed to payouts,” said Labor Commissioner Mark Butler. “Record breaking payout rates represent a new standard for this department as we strive to better serve Georgians.”
The number of initial unemployment claims filed throughout the United States for the week ending 7/25 was 1,434,000, an increase of 12,000 from the previous week's revised level of 1,422,000.
Last week, the GDOL issued over $75 million in
In addition, the total federal funds issued to Georgians for FPUC totaled over $553 million last week. Over the past 18 weeks, the GDOL has issued more than $7.7 billion in FPUC funds. FPUC provides an additional $600 weekly payment to any individual eligible for any of the unemployment compensation programs – state and federal. The FPUC program is ending this week. The GDOL is waiting on a decision from the U.S. Congress on whether the program will be extended, amended, or permanently stopped. Information on the future of the FPUC program will be communicated as soon as possible on the agency’s website and social media platforms.
Last week, the GDOL issued over $8 million in PEUC payments to individuals who qualified for a 13-week extension in UI benefits. The GDOL also implemented SEB after meeting a federal unemployment rate threshold, adding an additional 20 weeks of unemployment eligibility for potential claimants. The GDOL has issued a total $78,395 in SEB payments.
From week ending 3/21/2020 through 7/25/2020, the sectors with the most regular UI initial claims processed included Accommodation and Food Services, 787,469, Health Care and Social Assistance, 390,018, Retail Trade, 359,438, Administrative and Support Services, 275,554, and Manufacturing, 254,685.
As of 7/28/2020, the trust fund balance was $585,483,621, down $1.962 billion, or 77 percent, from the 3/24/2020 balance of $2,547,476,454.
Today, over 122,000 jobs are listed online at EmployGeorgia.com for Georgians to access. The GDOL offers online resources for finding a job, building a resume, and assisting with other reemployment needs.
At this time, GDOL career centers are remaining closed to the public. All online services are still available as the staff continues to answer calls, process claims, respond to customer inquiries, and provide assistance to applicants. The GDOL will reopen offices to the public as soon as social distancing can be effectively implemented to protect both staff and customers.
Information on filing an unemployment claim, details on how employers can file partial claims, and resources for other reemployment assistance can be found on the agency’s webpage at dol.georgia.gov.