Initial unemployment insurance benefit claims reach five-week high | Local News

The latest DES report has $1.67 billion, or 22%, in UI benefits coming from state resources. The state had $3.85 billion in the state UI Trust Fund when the brunt of the pandemic began to be felt in mid-March. Legislators said Sept. 2 that between $2.9 billion and $3 billion […]

The latest DES report has $1.67 billion, or 22%, in UI benefits coming from state resources.

The state had $3.85 billion in the state UI Trust Fund when the brunt of the pandemic began to be felt in mid-March.

Legislators said Sept. 2 that between $2.9 billion and $3 billion remains in the fund. The third COVID-19 relief bill added $87 million to the fund.

The bulk of payments, at $4.75 billion, came from the $600 federal weekly supplement.

About 70% of claimants, or 889,891, have been approved for benefits, while 28%, or 361,947, were determined to not be eligible.

The left-leaning N.C. Justice Center has said the state’s economy has been losing about $350 million each week since the expiration of the $600 federal supplement.

Since mid-March, 1.28 million North Carolinians have filed a combined 2.3 million state and federal jobless claims.

Some people have been required to file a second claim — after being determined to be ineligible for initial state benefits — in order to qualify for federal benefits that often include extended state benefits.

About 30% of the 4.29 million North Carolinians considered in the state’s workforce as of mid-July have filed a state or federal unemployment claim.

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