Unemployment insurance claims appear to have stabilized in New York despite the coronavirus pandemic halting non-essential businesses and resulting in the largest private sector job loss since 2009.
According to the state Department of Labor, over 1.6 million people have filed initial unemployment insurance claims since the onset of the coronavirus in early March.
The state and the U.S. Department of Labor said unemployment insurance claims appear to have plateaued two weeks ago in New York at 399,015 for the week of April 5 to April 11.
Over $3.1 billion has been disbursed in unemployment benefits since March 9.
The state Thursday published its latest unemployment insurance report, highlighting changes in workforce by region and percent changes in new claims on a year-over-year basis.Here are the overall highlights: 1.6 million new unemployment insurance claims were filed from March 8 to April 25; only 96,080 claims were filed for the same period in 2019. The region with the biggest percent change in UI claims is Long Island, which saw a 2,141% increase in initial claims from March 8 to April 25. The region with the lowest percent change in initial claims was the North Country at 902%.
From March 8 to April 25, the accommodation and food services industry filed the highest number of unemployment insurance claims at 308,890.
Only 10,479 initial claims were filed for the same period in 2019Here's some other unemployment details by industry in New York: Retail trade employees have filed the second highest number of initial claims at 217,187. Private sector jobs decreased over the month of March by 42,900 to 8.3 million — the highest employment drop since April 2009. From March 22 to April 25, employees under 25 filed 231,564 claims; Employees 55 years old and older filed 3103,80 initial claims. 733,305, or 45% of all initial claims, were made in New York City during that period. The industry that has filed the least number of initial claims from March 8 to April 25 is management of companies and enterprises at 7,789; the public administration industry, including government, has filed 8,269 initial claims. Workers in the health care and social assistance industry filed 180,243 initial unemployment insurance claims from March 8 to April 25.
New York offers up to $504 a week for unemployment, while the federal stimulus provides another $600 a week for an additional 13 weeks.