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Claims Activity & Job Openings Week Ending February 13, 2010
02/18/2010
CONTACT:   Tom Fuller
503.947.1301 
 Thomas.E.Fuller@state.or.us
or
Craig Spivey
503.947.1303
Craig.C.Spivey@state.or.us
 

 
This
Week
Last
Week
 
2010
2009
2010
2009
Initial Claims
10, 285
14,258
11,164
15,908
Individuals on Regular Unemployment Benefits
107,536
124,371
108,314
120,612
Individuals on Emergency Unemployment Compensation (EUC)
97,875
31,279
97,734
30,756
Total individuals on unemployment benefits (including all programs)
214,844
160,522
215,319
155,774
Total benefit payments
$65,091,192
$43,420,321
$65,303,740
$42,439,225
Unemployment Insurance trust fund balance (In millions)
$960.25
$1,843
$980.34
$1,873.30
Average Unemployment Check
$291.39
$281.73
$292.90
$283.60
  

 
The total number of initial claims fell for the second consecutive week and remained well below last year’s numbers.  Initial claims dropped by 849 between week five and six of 2010, 3,973 less than in the same week a year ago.
 
The total number of individuals on unemployment also declined slightly, but remained well above last year’s figures.  The 214,844 individuals claiming benefits are down by 475 from a week ago, but 54,322 more than the same week a year ago.
 
More than half of the unemployment benefits paid out come from sources other than the unemployment insurance trust fund.  Of the more than $65 million paid last week, less than $30 million was from the trust fund.  Money to cover Emergency Unemployment Compensation (EUC), Extended Benefits (EB), and Federal Additional Compensation (FAC, the $25 per week addition to all unemployment claims) are all paid by the Federal Government.
 
The Oregon Legislature is close to passing the Oregon Emergency Benefits (OEB) program.  OEB would allow up to six weeks of additional benefits for individuals who have exhausted all benefits.  The Oregon Employment Department estimates 18,000 individuals will be covered over the life of the OEB program.
 
On the employment side, iMatchSkills.org (a service of WorkSource Oregon) currently has 4,677 total job listings representing 11,073 job openings.  You can view all job openings online at www.WorkingInOregon.org, click on “Browse Jobs” on the right-hand menu.

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