Initial claims for the week ending on 18 July were revised up marginally, by 6,000 to 1.416m.
Over the last 19 weeks, the state has distributed more than $5.7 billion in unemployment compensation payments to more than 764,000 Ohioans and more than $4.7 billion in Pandemic Unemployment Assistance payments to more than 492,000 PUA claimants who traditionally do not qualify for unemployment benefits.
There were 1,434,000 Initial Claims for unemployment benefits in the US during the week ending July 25th, the data published by the US Department of Labor (DOL) revealed on Thursday.
The state has since reopened its economy, but Hogan announced Wednesday that he was pausing additional efforts after expressing concern about changes in some key metrics that track the spread of the disease.
The pain could soon intensify: An supplemental $600 in weekly federal unemployment benefits is expiring, and Congress is squabbling about extending the aid, which would probably be done at a reduced level.
Between June 21 and July 19, for example, the percentage of Texas bars that were closed shot up from 25 percent to 73 percent; likewise, 75 percent of California beauty shops were shuttered July 19, up from 40 percent just a week earlier; according to the data firm Womply. Democrats in the House have a $3 trillion plan that continues the benefits until the end of the year; the Republican-led Senate is backing a $1 trillion package that would sharply reduce them.
All told, new unemployment claims have exceeded 1 million for 19 consecutive weeks, with well over 50 million now out of the workforce.