A total of 523 Clay County businesses and organizations received Paycheck Protection Program loans that they indicated would help retain 4,476 jobs, according to data from the U.S. Small Business Administration. The U.S. Small Business Administration (SBA) and U.S. Treasury Department released the data on Monday for loans made under the Paycheck Protection Program (PPP). The Signal has gathered data on the 523 PPP loan recipients in Spencer and throughout Clay County. That data is below. You can also view the data here.
DES MOINES – The number of initial claims in Iowa, filed between Sunday, May 3, and Saturday, May 9, was 16,735. There were 15,411 initial claims by individuals who work and live in Iowa, and 1,324 claims by individuals who work in Iowa and live in another state.
The number of continuing weekly unemployment claims was 191,257. Unemployment insurance benefit payments totaled $52,903,527.20 for the same week.
The following industries had the most claims:
Manufacturing (4,065)Industry Not Available – Self-employed, Independent Contractors, etc. (2,103)Health Care & Social Assistance (1,865)Accommodation & Food Services (1,269)Retail Trade (1,133)
This week, a total of $108,219,000 in Federal Pandemic Unemployment Compensation (FPUC) benefits was paid. Since April 4, 2020, a total of $547,345,200 in benefits has been paid.
The U.S. Department of Labor reported 67,334 initial unemployment claims in Iowa filed between March 29 and April 4. The number of continuing weekly unemployment claims in Iowa is 92,962, according to Iowa Workforce Development (IWD). Unemployment insurance benefits paid to claimants totaled almost $27.6 million. IWD stated the following industries had the most claims:
Health care and social assistance, 9,632Manufacturing, 9,218Retail trade, 8,088Accommodation and food services, 7,123Construction, 2,696
IWD data shows Clay County had 281 initial unemployment insurance claims for the week ending April 4, 325 initial claims for the week ending March 28 and 155 initial claims for the week ending March 21. Iowans can file initial and weekly unemployment claims online.
Iowa Workforce Development reports 58,453 initial unemployment insurance claims filed for last week of March
DES MOINES – The number of initial claims in Iowa reported by the U.S. Department of Labor, filed between Sunday, March 22 and Saturday, March 28, (a time period that reflects the increased number of claims filed related to COVID-19, including the broader group of individuals eligible for claims due to the virus) was 58,453. There were 55,963 initial claims by individuals who work and live in Iowa, and 2,490 claims by individuals who work in Iowa and live out of state. A total of $13,724,985.87 of unemployment insurance benefits were paid to claimants who live and/or work in Iowa for the week ending on March 27.
The number of continuing weekly unemployment claims is 54,461. The following industry breakdown includes all (COVID-19 & non-COVID-19) claimants counts for last week, knowing a majority of them are going to be COVID-19-related. This will be reflective of the other data included in the release:
Accommodation and Food Services (12,519)Health Care and Social Assistance (7,490)Manufacturing (7,168)Retail Trade (5,888)Other Services (3,780)
Iowa Workforce Development continues to successfully process unemployment insurance claims in a timely fashion. IWD is not authorized to release these payments and it may be several weeks before these payments are made. Iowa Workforce Development encourages the public to visit www.IowaWorkorceDevelopment.gov to file for their initial and weekly unemployment insurance claim and for the most updated information on the CARES act benefits and payments.