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Unemployment claims in Iowa decrease as federal benefits expire

Iowans received almost $1.5 billion from now-expired Federal Pandemic Unemployment Compensation

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Unemployment claims in Iowa continued to decrease gradually last week, as Iowans filed for 7,441 new claims and 110,960 continuing claims between July 19 and 25.

Continuing claims dropped by 4,970 while new claims dropped by 1,370. Continuing claims are at their lowest point since April 4.

Manufacturing remains the largest source of unemployment claims with 1,850, followed by self-employed and independent contractors (1,154), health care and social assistance (693), education services (517), and accommodation and food services (472).

Last week marked the end of Federal Pandemic Unemployment Compensation, which provided unemployed Iowans an additional $600 per week.

In total, the program through the CARES Act issued almost $1.5 billion to unemployed Iowans. That includes $83.8 million in FPUC benefits in the final week of the benefit.

Residents also received $38.1 million in regular benefits, $5.2 million in Pandemic Unemployment Assistance and $3.8 million in Pandemic Emergency Unemployment Compensation last week.

These figures represent only Iowans actively seeking work and does not include people who have stopped seeking work or who have cycled out of the system.

Comments: (319) 398-8394; john.steppe@thegazette.com

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