Alaska’s insured unemployment rate fell below 6 percent, meaning some federally funded unemployment benefits and emergency compensation will end May 4, the Alaska Department of Labor and Workforce Development announced Tuesday.
The unemployment rate decline means Alaska residents will no longer have access to Extended Benefits, State Supplemental Benefits and Emergency Unemployment Compensation Tier 4 benefits starting May 4.
Unemployed workers with EUC Tier 4 claims established prior to May 4 may continue to draw remaining balances until they are exhausted, or through the week ending Dec. 28, whichever occurs first. Any existing EB or SSB balances will not pay after May 4.
The DWLD’s Employment Security Division, which administers the Unemployment Insurance Program, will notify affected workers of changes to their benefits, the department said.