With CARES Act unemployment stipend expiring, Delawareans warned of decreased payments

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[Source: WDEL]

The outgoing payments from Delaware’s Division of Unemployment Insurance are about to decrease significantly as the federal pandemic stipend expires, Director Darryl Scott said.

“Of the $38 million paid for the week ending July 25, $23,445,110 was attributable to the [Federal Pandemic Unemployment Compensation] stipend,” Scott said. “So, at this time with FPUC benefits expiring, we would expect the total benefits paid to be somewhere in the $15 million range.”

Initial and continuous claims held relatively steady during the final week of the stipend’s availability, and brought the total amount of unemployment benefits paid to Delawareans above the $700 million mark, at $702,989,999. For reference, unemployment insurance paid out during the pandemic now surpasses ten times what the division paid out for the entire previous year, which was roughly $67 million.

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