Job Market Monitor
insurance
Unemployment Insurance Trust Funds in US in Chart
Chosen excerpts by Job Market Monitor. Read the whole story at Unemployment Insurance Trust Fund Debt, State by State. Related articles US – Unemployment Insurance Trust Funds battered by the Great Recession Unemployment Insurance in US – State program loans from the Treasury larger than in any previous recession research finds
Achmea / The biggest dutch insurer to cut 4,000 jobs over three years
The mutual insurer, which offers health care, property and casualty, pensions and life insurance, expects to cut 4,000 jobs of 19,000 employees in the Netherlands and other countries, the Zeist-based company said in a statement today. Compulsory job losses can’t be ruled out, it said. The cuts are in addition to a program announced in … Continue reading
Direct Line to cut 2,000 jobs
Direct Line Insurance has said that it is planning to cut 2,000 UK jobs as it steps up plans to reduce costs. The firm announced in August 2012 plans to reduce gross annual costs by £100m a year, but now plans to save more than double this target. Continue reading
Aviva / To axe 2,000 jobs
Insurance giant Aviva is planning to axe around 2,000 jobs from its UK, European and Asian workforce under cost-cutting plans. The Norwich-based insurance group also announced that from next year, redundancy pay in the UK will be halved from four weeks per year of service to two. Aviva said the job reductions were part of … Continue reading
US Insurance Industry / 16,000 Jobs Open with an Aging Workforce
In a comprehensive survey of 173 insurance companies, including phone interviews with agents and brokers, third party administrators and managing general agents, GreatInsuranceJobs.com reports 16,000 open and available jobs across the nation in the insurance industry. On top of that, the survey projected an additional 23,000 more by the end of this year. The survey … Continue reading
UK / Direct Line cuts 236 more jobs
Insurance group Direct Line is to cut a further 236 jobs as part of efforts to save £100million in costs. It said the roles would be cut across divisions including its commercial underwriting operation and risk and compliance function. The latest jobs cull comes on top of redundancies already announced by the group this year, … Continue reading
US – Unemployment Claims : Still An Uncertain Job Market Outlook with a a decrease of 9,000
SEASONALLY ADJUSTED DATA In the week ending October 27, the advance figure for seasonally adjusted initial claims was 363,000, a decrease of 9,000 from the previous week’s revised figure of 372,000. The 4-week moving average was 367,250, a decrease of 1,500 from the previous week’s revised average of 368,750. The advance seasonally adjusted insured unemployment … Continue reading
US – Unemployment Claims : An Uncertain Job Market Outlook
After last week announcement of an increase of 34,000, DOL says that Unemployment Inssurrance Claims dropped by 23,000. The real job market coudn’t be that volatile. But it shows how incertain is the job market outlook. -*- SEASONALLY ADJUSTED DATA In the week ending October 20, the advance figure for seasonally adjusted initial claims was 369,000, a … Continue reading
US – Unemployment Claims : The good news didn’t last, an increase of 46,000
SEASONALLY ADJUSTED DATA In the week ending October 13, the advance figure for seasonally adjusted initial claims was 388,000, an increase of 46,000 from the previous week’s revised figure of 342,000. The 4-week moving average was 365,500, an increase of 750 from the previous week’s revised average of 364,750. The advance seasonally adjusted insured unemployment rate was 2.5 percent … Continue reading
Unemployment Insurance Claims – The US job market really going the wrong way
Last reports were not good, no more than the Current Population Survey for August. This morning report isn’t better. Is the job market really going the wrong way. -*- SEASONALLY ADJUSTED DATA In the week ending September 8, the advance figure for seasonally adjusted initial claims was 382,000, an increase of 15,000 from the previous … Continue reading
Unemployment insurance subsidizes layoffs writes Mulligan. As life insurance subsidizes death?
“Unemployment insurance and other types of social insurance subsidize job separations and thereby result in too many layoffs and too few people employed” writes Casey B. Mulligan in Social Insurance and Layoffs on NYTimes.com. “A variety of programs help workers after they leave a job and do not start a new one, depending on the circumstances … Continue reading
Unemployment Insurance Claims – It’s hard to beleive that the job market really improving ?
Last report was not a good one with 372,000 (unrevisied). This morning report isn’t better. Is the job market really improving ? Hard to beleive. SEASONALLY ADJUSTED DATA ; In the week ending August 25, the advance figure for seasonally adjusted initial claims was 374,000, unchanged from the previous week’s revised figure of 374,000. The … Continue reading
Unemployment Insurance Claims – Up by only 2,000
SEASONALLY ADJUSTED DATA In the week ending August 11, the advance figure for seasonally adjusted initial claims was 366,000, an increase of 2,000 from the previous week’s revised figure of 364,000. The 4-week moving average was 363,750, a decrease of 5,500 from the previous week’s revised average of 369,250. The advance seasonally adjusted insured unemployment rate was 2.6 percent … Continue reading
US – Unemployment Claims : The good news didn’t last
In the week ending July 14, the advance figure for seasonally adjusted initial claims was 386,000, an increase of 34,000 from the previous week’s revised figure of 352,000. The 4-week moving average was 375,500, a decrease of 1,500 from the previous week’s revised average of 377,000. (SEASONALLY ADJUSTED DATA) The advance seasonally adjusted insured … Continue reading
US – Unemployment Claims : A very welcomed four-year low
(Excerpts from the Press Release) In the week ending July 7, the advance figure for seasonally adjusted initial claims was 350,000, a decrease of 26,000 from the previous week’s revised figure of 376,000. The 4-week moving average was 376,500, a decrease of 9,750 from the previous week’s revised average of 386,250. The advance seasonally adjusted insured unemployment rate was … Continue reading
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