The Guam Department of Labor has released $4.7 million from the Lost Wages Assistance (LWA) program that will benefit Pandemic Unemployment Assistance claimants, who will receive this additional cash assistance today, Nov. 30.
GDOL batched this first LWA payment along with $5.9 million in PUA and $605,000 in Federal Pandemic Unemployment Compensation (FPUC) for a total payout of $11.2 million last week.
With this batch, a grand total of $440 million has been released to the people of Guam in the last six months, according to GDOL.
The cash aid came from the $22 trillion Coronavirus Aid, Relief, and Economic Security Act, also known as the CARES Act, a $2.2 trillion economic stimulus signed into law on March 27 in response to the economic fallout of the Covid-19 pandemic in the United States.
“Most states had decades to build an unemployment system that issued benefits accurately and actively detected fraud. The Guam Department of Labor did it in mo