Author: James McAllister
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Michigan waives 55,000 pandemic unemployment insurance overpayments
The Michigan Unemployment Insurance Agency announced May 4 that an additional 55,000 unemployment insurance claimants who received overpayments during the coronavirus pandemic will not have to repay the funds. The agency also said about 400,000 overpayments totalling $4.3 billion had already been forgiven. Michigan Governor Gretchen Whitmer (D) signed a bill Feb. 28 allowing for…
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Colorado legislators pass bill to direct federal funds to repay unemployment insurance debt
Colorado legislators on May 10 passed a bill that would direct $600 million of federal American Rescue Plan Act (ARPA) funds to help pay back the state’s $1 billion unemployment insurance trust fund debt to the federal government. The bill would also forgive certain non-fraud overpayments, meaning some workers who received more unemployment insurance payments…
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U.S. weekly unemployment insurance claims rise to 203,000
New applications for U.S. unemployment insurance benefits rose 1,000 for the week ending May 7 to a seasonally adjusted 203,000. The previous week’s figure was revised up from 200,000 to 202,000. The four-week moving average as of May 7 rose to 192,750 from a revised 188,500 as of the week ending April 30. The number…
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Minnesota governor signs bill to fund unemployment insurance account
Minnesota Gov. Tim Walz (D) signed a bill May 2 that will direct about $2.7 billion to the state’s Unemployment Insurance Trust Fund and repay the state’s $1.4 billion unemployment insurance debt to the federal government. The law also includes about $500 million to send $750 direct payments to 667,000 individuals the state considers frontline…
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Colorado legislators introduce bill to direct federal funds to repay unemployment insurance debt
Colorado legislators on May 2 introduced a bill that would direct $600 million of federal American Rescue Plan Act (ARPA) funds to help pay back the state’s $1 billion unemployment insurance trust fund debt to the federal government. The bill would also forgive certain non-fraud overpayments, meaning some workers who received more unemployment insurance payments…
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U.S. weekly unemployment insurance claims fall to 180,000
New applications for U.S. unemployment insurance benefits fell 5,000 (2.7%) for the week ending April 23 to a seasonally adjusted 180,000. The previous week’s figure was revised up from 184,000 to 185,000. The four-week moving average as of April 23 rose to 179,750 from a revised 177,500 as of the week ending April 16. The…
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Minnesota House passes bill to fund unemployment insurance fund and send checks to frontline workers
The Minnesota House of Representatives passed a $3.7 billion bill on April 25 that would raise the balance of the state’s Unemployment Insurance Trust Fund and repay unemployment insurance debts to the federal government. The move would reduce the unemployment insurance tax burden on employers, which increased March 15 to help refill the fund following…
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U.S. weekly unemployment insurance claims fall to 184,000
New applications for U.S. unemployment insurance benefits fell 2,000 (7.4%) for the week ending April 16 to a seasonally adjusted 184,000. The four-week moving average as of April 16 rose to 177,250 from a revised 172,750 as of the week ending April 9. The number of continuing unemployment insurance claims, which refers to the number…
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Missouri House passes bill that could reduce unemployment insurance benefits period to eight weeks during low unemployment
The Missouri House of Representatives passed House Bill 1860 94-41 on April 14, which would reduce the maximum length of unemployment insurance benefits to eight weeks during times of low unemployment. Missouri’s current program indexes unemployment insurance benefits, meaning it provides shorter periods of benefits during times of low unemployment and longer periods of benefits…
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Massachusetts officials announce $2.6 billion bond sale to replenish the state’s unemployment insurance trust fund
Massachusetts Governor Charlie Baker’s (R) administration announced on April 15 that the state intends to issue $2.6 billion of bonds to help replenish the state’s unemployment trust fund and pay back $1.77 billion of federal loans to the fund. The state legislature in 2021 approved bond sales to help fund the unemployment trust fund. The…