The number of unemployment claims filed by Iowans last week inched up 3% from the previous week, likely the result of the recent powerful storm that swept through the state, according to a new state report.
Data released today by Iowa Workforce Development shows that 91,202 Iowans filed unemployment claims during the week that ended on Saturday. Among them were 6,954 Iowans who filed initial claims, 16% more than the 5,997 who filed initial claims the previous week.
In a release, the state agency attributed the increase in initial claims to the Aug. 10 derecho, whose hurricane-like winds devastated parts of Iowa, including Cedar Rapids. In Linn County, where Cedar Rapids is located, 1,668 initial unemployment claims were filed last week, more than four times the 411 initial claims filed the previous week.
Data released today by Iowa Workforce Development also shows that in the week that ended on Saturday:
- $23.2 million in jobless benefits was paid out of the state’s unemployment compensation trust fund. Since mid-March, Iowa has paid out more than $827.6 million in unemployment claims.
- $68.1 million was paid from the Federal Pandemic Unemployment Compensation fund. Since April 4, $1.58 billion in additional benefits has been paid to Iowans from the federal fund.
- $4.4 million was paid to self-employed Iowans through the federal Pandemic Unemployment Assistance fund. Since late April, more than $102.1 million has been paid to Iowans from the fund.
- $4.4 million was paid from the Pandemic Emergency Unemployment Compensation to Iowans whose unemployment insurance has run out. Since May 27, when the program began, Iowans have received $43.6 million from the fund.
- $861,920 was paid in State Extended Benefits. Since July 21, $3.6 million has been paid in extended benefits.
Nationally, 1 million new unemployment claims were filed last week, a decrease of 98,000 from the previous week, according to the U.S. Department of Labor.
In addition, the department reported that the number of people receiving jobless benefits for the week ending Aug. 15 declined slightly to 14.5 million. The advanced seasonally adjusted unemployment rate for the week ending Aug. 15 was 9.9%, according to the labor department. The continuing claims and unemployment rate lag by a week from initial claims filings.