Wash. State Employment Security Department: Initial Unemployment Insurance Claims for Week of May 16 - 22, 2021 - Insurance News | InsuranceNewsNet

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May 28, 2021 Newswires
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Wash. State Employment Security Department: Initial Unemployment Insurance Claims for Week of May 16 – 22, 2021

Targeted News Service (Press Releases)

OLYMPIA, Washington, May 28 -- The Washington State Employment Security Department issued the following news release:

During the week of May 16 - May 22, there were 11,666 initial regular unemployment claims (down 40.5 percent from the prior week) and 416,462 total claims for all unemployment benefit categories (down 11.2 percent from the prior week) filed by Washingtonians, according to the Employment Security Department (ESD).

* Initial regular claims applications are now 76 percent below weekly new claims applications during the same period last year during the pandemic.

* The 4-week moving average for initial claims remain elevated at 14,599 (as compared to the 4-week moving average of initial claims pre-pandemic of 6,071 initial claims) and remains at similar levels of initial claims filed during the Great Recession.

* Initial claims applications for regular benefits, Pandemic Emergency Unemployment Compensation (PEUC), Pandemic Unemployment Assistance (PUA) as well as continued claims for regular benefits all decreased over the week.

* Decreases in layoffs in Health Care and Social Assistance, Retail Trade, and Construction contributed to the decrease in regular initial claims last week.

In the week ending May 22, ESD paid out over $233 million for 292,823 individual claims. Since the crisis began in March 2020, ESD has paid more than $18.4 billion in benefits to over a million Washingtonians.

See table here: https://esd.wa.gov/newsroom/initial-unemployment-insurance-claims-for-week-of-may-16-22-2021

For complete information of weekly initial claims by industry sector and county for the year to date, also check the weekly unemployment initial claims charts compiled by ESD's Labor Market & Economic Analysis division. For more information about specific counties, contact one of ESD's regional local economists.

ESD will send out the next weekly new claims press release on Thursday, June 3, 2021 at 10 a.m. Pacific Time.

Data disclaimer and definitions

Per U.S. Department of Labor regulations, weekly unemployment claims data is embargoed and not available for release until the Thursday following the claim week.

Initial claims include individuals who filed first-time claims as well as additional claims filed by individuals as a result of a new unemployment event. Initial claims include claims that are still being reviewed for eligibility. Counts for initial claims are not indicative of the number of claims that will result in monetary compensation.

Continuing claims equal continued weeks claimed including a total of all weeks for which benefits were claimed, even though such benefits were not paid or payment status is uncertain or unknown, e.g., waiting weeks, partial weeks, weeks for which penalties are being served and weeks for which a monetary or nonmonetary issue is pending.

Pandemic Unemployment Assistance (PUA) is an emergency program established by the federal CARES Act that temporarily expands unemployment insurance eligibility to self-employed workers, freelancers, independent contractors, and part-time workers impacted by the coronavirus pandemic.

Pandemic Emergency Unemployment Compensation (PEUC) is an emergency program established by the federal CARES Act that extends unemployment insurance for those who have exhausted their regular unemployment benefits.

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