The number of people filing for new unemployment benefits fell for the third straight week, a sign of an improving labor market. Initial claims for jobless benefits, a measure of layoffs, decreased by 23,000 to a seasonally adjusted 298,000 in the week ended Nov. 30, the Labor Department said Thursday. Economists surveyed by Dow Jones … Continue reading
The Congressional Budget Office has completed an estimate of the budgetary effects of H.R. 3546, the Emergency Unemployment Compensation Extension Act of 2013 Continue reading
House and Senate Democrats introduced legislation to renew the federal Emergency Unemployment Compensation (EUC) program for 2014. Here’s information on the legislation which would extended unemployment benefits for 2014, and more information on the proposed unemployment extension for 2014. Chosen excerpts by Job Market Monitor. Read the whole story at via Unemployment Extension News.
The American Federation of State, County and Municipal Employees, AFL–CIO campaings for the re-authorization of federal Unemployment Benefits. Here is the link to the petition: via Tell Congress: Re-authorize Federal Unemployment Benefits.
The Quebec government is calling on other provinces to support its demand for immediate changes to employment insurance measures that sparked widespread protest against Ottawa last spring Continue reading
The number of people filing for new unemployment benefits fell for the sixth time in seven weeks, more evidence the labor market is steadily improving Continue reading
Following three months of little change, the number of people receiving regular Employment Insurance (EI) benefits decreased slightly in September (-1.4% or -7,100) to 503,800. Compared with September 2012, the number of beneficiaries was down 8.8%. However, the slight monthly decrease nationally did not mirror variations observed at the provincial level, as British Columbia and Ontario posted notable … Continue reading
“Ottawa is using Employment Insurance as a cash cow,” said CTF Federal Director Gregory Thomas. “They collected $3.3 billion more in EI tax last year than they paid out in benefits, and their latest forecast says they expect to collect $4.2 billion more this year.” Continue reading
The number of people filing for new unemployment benefits fell for the fifth time in six weeks, more evidence that the labor market is steadily improving. Initial claims for jobless benefits, a measure of layoffs, decreased by 21,000 to a seasonally adjusted 323,000 in the week ended Nov. 16, the Labor Department said Thursday. Economists … Continue reading
Unless Congress acts, during the last week of December an estimated 1.3 million people will lose access to an emergency program providing them with additional weeks of jobless benefits. A further 850,000 will be denied benefits in the first quarter of 2014 Continue reading
Initial claims for state unemployment benefits fell 2,000 to a seasonally adjusted 339,000, the Labor Department said on Thursday. Claims for the prior week were revised to show 5,000 more applications received than previously reported Continue reading
Federally funded extended unemployment insurance (UI) benefits are set to expire at the end of this year. These benefits serve two very useful public purposes. Most obviously, they provide a lifeline to the long-term unemployed and their families during the deepest and longest economic downturn since the 1930s.1 Less understood but equally crucial, the UI … Continue reading
Benefit-extension programmes reduce competition for jobs. Since the programme induces eligible job seekers to search less hard, non-eligible job seekers face lower competition and find jobs more easily Continue reading
SEASONALLY ADJUSTED DATA In the week ending November 2, the advance figure for seasonally adjusted initial claims was 336,000, a decrease of 9,000 from the previous week\’s revised figure of 345,000. The 4-week moving average was 348,250, a decrease of 9,250 from the previous week\’s revised average of 357,500. The advance seasonally adjusted insured unemployment … Continue reading
In August, 511,900 people received regular Employment Insurance (EI) benefits, up 1.5% (+7,800) from July. Compared with August 2012, the number of beneficiaries fell by 7.8%. The majority of provinces saw increases in the number of beneficiaries in August compared with July, most notably Alberta, British Columbia, Nova Scotia and Quebec. Chosen excerpts by Job Market Monitor. Read the whole story … Continue reading