Wage growth pushes up weekly unemployment benefits
People filing for unemployment benefits could see a little more money beginning this week.
Oregon's Employment Department said Wednesday that the maximum weekly benefit amount paid to unemployed people will increase from $590 to $604. The minimum amount will increase from $138 to $141.
The change affects new unemployment insurance claims filed on or after July 2. Existing unemployment claims will continue to receive the same weekly amount before the increase.
Each year, the Oregon Employment Department recalculates the maximum and minimum amounts of unemployment insurance benefits tied to the average weekly wage earned by Oregonians. The minimum benefit amount is 15 percent of average weekly wage. The maximum amount is 64 percent.
Wage growth in 2016 resulted in a 2.2 percent increase to minimum weekly benefits and a 2.4 percent increase in the maximum weekly benefit.