Job Market Monitor
Sequester
Sequester / The End Long-Term Unemployment Benefits In 11 States
States are having such a hard time implementing congressional cuts to long-term unemployment insurance that some workforce agencies might just cancel the benefits altogether. The federal budget cuts known as sequestration require states to trim federal benefits known as Emergency Unemployment Compensation by roughly 10 percent. But what would seem like a simple administrative procedure … Continue reading
US / DOL’s Layoffs Report Could Become Victim of Sequester
The “sequester” spending cuts could cause hundreds of thousands of layoffs across the U.S., economists say. But, in a twist, the cuts will also impede the government’s ability to count those layoffs. The Labor Department is planning to stop producing its monthly report on mass layoffs in the U.S. labor market if sequester begins as … Continue reading
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