Job Market Monitor
unemployment benefits
Sweden / Seven key facts about unemployment insurance
Today, around 3.4 million workers in Sweden are enrolled in an unemployment insurance fund, according to figures from the Swedish Unemployment Insurance Board (IAF). But figuring out exactly how everything works isn’t always straightforward. Below are a few pointers to bear in mind as you go about signing up. 1) You need to be a … Continue reading
US / Unemployment Benefits / New data are reassuring as jobless claims fall to 5-year low
Tow weeks ago, Two out of three employment-related reports were positive and only 28,000 persons were saying they have a job in the latest monthly labor market report. Last week claims data reflected those weaknesses, but new data are reassuring. SEASONALLY ADJUSTED DATA In the week ending January 12, the advance figure for seasonally adjusted initial claims was 335,000, a decrease … Continue reading
US / Unemployment Insurance: Extended benefits have added more than 125 percent over the past two years
“Unemployment insurance programs insure workers against the risk of lost income if they lose their job through no fault of their own. In the U.S., the program is run at the state level. Each state sets its benefit level and eligibility criteria, and finances these benefits through payroll taxes.2 ” write David L. Fuller, B. Ravikumar and … Continue reading
US / Unemployment Benefits / An increase to 371,000 reflecting weak reports
Lats week, Two out of three employment-related reports were positive and only 28,000 persons were saying they have a job in the latest monthly labor market report. Latest claims data reflect those weaknesses. SEASONALLY ADJUSTED DATA In the week ending January 5, the advance figure for seasonally adjusted initial claims was 371,000, an increase of 4,000 from the previous … Continue reading
Canada / In effect today: The new Job Alerts system to Employement Insurance Recipient
Employment Insurance changes come into effect today Contentious changes to employment insurance are now in effect. Beginning Sunday, people on EI face stricter, more complex rules for keeping their benefits, with the goal of getting unemployed workers back into the workforce sooner. To help people get back to work, the government has also launched a … Continue reading
US / Unemployment Benefits / An increase of 10,000: two out of three employment-related reports were positive
SEASONALLY ADJUSTED DATA In the week ending December 29, the advance figure for seasonally adjusted initial claims was 372,000, an increase of 10,000 from the previous week’s revised figure of 362,000. The 4-week moving average was 360,000, an increase of 250 from the previous week’s revised average of 359,750. The advance seasonally adjusted insured unemployment rate was 2.5 percent … Continue reading
US / Unemployment Benefits / Lowest level since March 2008
SEASONALLY ADJUSTED DATA In the week ending December 22, the advance figure for seasonally adjusted initial claims was 350,000, a decrease of 12,000 from the previous week’s revised figure of 362,000. The 4-week moving average was 356,750, a decrease of 11,250 from the previous week’s revised average of 368,000. The advance seasonally adjusted insured unemployment … Continue reading
Unemployment Extension / Nothing on the table after Republicans pulled Plan B
With 9 days left before extended unemployment benefits expire, there is no new from Washington on an extension. Last night, the Republicans pulled Plan B which did not included reauthorization of federal extended unemployment and there is no other legislation current pending. If an agreement that includes the restoration of federal unemployment benefits isn’t reached, extended … Continue reading
Canada / The New Suitable Job Regulation: 8 000 will have benefits temporarily discontinued
It is expected that EI regular claimants will increase their job search effort, which will result in them finding suitable employment and returning to work more quickly in regions where there are suitable employment opportunities. In turn, their time on claim will be shortened. Enhanced compliance measures to ensure claimants are fulfilling their responsibility to … Continue reading
Canada / Suitable employment and reasonable job search efforts – Gov’t Info
You have always been responsible for conducting reasonable job searches, documenting your job search activities and accepting any offer of suitable employment while receiving Employment Insurance (EI) regular and fishing benefits. The Connecting Canadians with Available Jobs (CCAJ) initiative has clarified the definitions ofsuitable employment and reasonable job search. Suitable employment Several factors will determine what will be consideredsuitable … Continue reading
Fiscal Cliff / Focusing attention on partisan maneuvers
Washington has a way of focusing the nation’s attention on tactical games over partisan maneuvers that are symptoms of a few really big problems. But we almost never get to debate or even discuss the big problems because the tactical games overwhelm everything else. The debate over the fiscal cliff, for example, is really about … Continue reading
US / Democrats want jobless benefits in Fiscal Cliff deal
Hovering in the background of the “fiscal cliff” debate is the prospect of 2 million people losing their unemployment benefits four days after Christmas. “This is the real cliff,” said Sen. Jack Reed, D-R.I. He’s been leading the effort to include another extension of benefits for the long-term unemployed in any deal to avert looming … Continue reading
Unemployment Insurance / Claims fell last week with Sandy effect subsides
SEASONALLY ADJUSTED DATA In the week ending December 1, the advance figure for seasonally adjusted initial claims was 370,000, a decrease of 25,000 from the previous week’s revised figure of 395,000. The 4-week moving average was 408,000, an increase of 2,250 from the previous week’s revised average of 405,750. The advance seasonally adjusted insured unemployment rate was 2.5 percent … Continue reading
Fiscal Cliff / UI Benefits will end for 3 M: A Brief Overview of the Legislative Procedures for Adjusting the Public Debt Limit
The Fiscal Cliff means that Unemployment Benefits will abruptly end for 2 million in dec., and nearly one million more in the first quarter of 2013. So the important question is that is the legislative procedures for adjusting the public debt limit ? Here is the summary of a Brief Overview by Congressional Research Service. *-* … Continue reading
Unemployment Insurance / Its Importance for American Families and the Economy
Among the many spending cuts and tax increases legislated to take effect at the turn of the year, few policies have as direct an effect on those most affected by the Great Recession than the expiration of extended unemployment insurance (UI) benefits. In the first week of January, roughly two million individuals will lose extended … Continue reading
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