The number of new Michigan residents filing for jobless benefits remained elevated levels last week, a sign that the state’s economic recovery has slowed.
New claims in Michigan increased slightly to 18,040 in the week ending Sept. 26, up from 17,402 the previous week, the U.S. Department of Labor reported Thursday. Last year at this time, there were 7,400 new unemployment claims in the state.
Nationally, new unemployment claims dropped to 837,000 last week, down from 873,000 the week prior on a seasonally adjusted basis.
In Michigan, it’s a troubling sign heading into October, with major airlines such as American and United warning employees that there will be mass furloughs and layoffs as federal aid expires.
In Michigan, new unemployment claims are much lower than when they peaked in early April at nearly 400,000. They’ve steadily declined since then, but new claims have hovered at an elevated level of between 15,000-20,000 each week starting in August.
An enhanced federal unemployment benefit of $600 weekly was available to claimants through the end of July, but that expired. After Congress failed to replace the benefit, President Donald Trump signed an executive order to replace the add-on with a $300 benefit. That benefit, a temporary measure, was backdated to Aug. 1 and expired on Sept. 5.
That means new filers for unemployment benefits will only receive state benefits, which max out at $362 weekly. U.S. House Democrats are pushing for another stimulus package that would revive the $600 additional benefit, but there are doubts that a deal with House Republicans can be reached before the election.
Contact Adrienne Roberts: [email protected]s.com.
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