Job Market Monitor
unemployment benefits
In The News | Labor Market Mismatch and, Job Cuts Surge 67% in U.S., Teachers Layoffs Continue, Olympus Cuts 2,500 jobs, Benefits Cuts For Seasonal Workers in Canada and NJ and More
Unemployment is a labor market mismatch – Economics – AEI aei.org – After an unexpected upswing at the beginning of this year, the labor market appears to be back in the doldrums again. The month-on-month employment increases of 200,000-240,000 workers in December,… JobMarketMon US May Job Cuts Surge 67% From A Year Ago -Challenger – WSJ.com … Continue reading
Free Online Unemployment Search Organizer
One of the requirements for those collecting unemployment benefits is keeping track of your work search. That’s not always easy. A recent StartWire survey of 25,000 unemployed workers reports that: 25% of job seekers had their work search records audited by state unemployment agencies Of those that failed to provide documentation, 75% had to re-pay … Continue reading
200,000 Long-Term Jobless Americans lose unemployment benefits
More than 200,000 long-term jobless Americans will lose their unemployment checks this week, when eight states roll off the federal extended benefits program. Nearly half of them live in California, and the rest reside in Florida, Illinois, North Carolina, Colorado, Connecticut, Pennsylvania and Texas. The federal extended benefits program has provided the jobless with up … Continue reading
Florida | Loss of unemployment benefits coming
Think of it as an improving economy’s collateral damage. Some 44,000 people throughout Florida are scheduled to have their extended federal unemployment benefits cut off May 12, regardless of how long the payments were slated to continue. In Sarasota and Manatee counties, some 600 jobless workers are expected to be affected, state officials said, though … Continue reading
GOP House Minority Leader Jones reacts to Gov. Patrick’s proposition and pushes review of unemployment insurance
House Minority Leader Brad Jones is pushing his own effort to reform the state’s unemployment-insurance system, saying he has little confidence that Gov. Deval Patrick’s hand-picked, Democrat-heavy commission is up to its task. In a budget amendment now on its way to the Senate, Jones (R-North Reading) calls for an 11-member squad that would review … Continue reading
Canada | UI Recipients to fill labour shortages, even in seasonal jobs
Ottawa is preparing to tackle one of the country’s most sensitive labour questions: Why won’t healthy, unemployed Canadians get their hands dirty? The Conservative government is preparing legislative and policy changes that, for the first time, will link the federal Employment Insurance program to the Temporary Foreign Worker program. A spokesperson for Human Resources Minister … Continue reading
Canada | Employment Insurance | Recipients Fell by 6,700 and claims down
In February, the number of people receiving regular Employment Insurance (EI) benefits fell by 6,700 (-1.2%) to 552,800. The number of beneficiaries fell in six provinces, with the largest percentage declines occurring in Alberta, Saskatchewan and Quebec. Chart 1 Fewer Employment Insurance beneficiaries in February Number of Employment Insurance claims down in February To receive EI benefits, individuals must first … Continue reading
UPDATE – Bridge to Work | Experiments with unemployment insurance keep benefits to recipients in job training
Turning the Unemployment Program into a Reemployment Program – Official Press Release by DOL Two months ago, the President signed the Middle Class Tax Relief and Job Creation Act of 2012. That legislation extended the vital payroll tax cut and federal unemployment insurance programs that have been so crucial for American families and to the continued … Continue reading
Unemployment Insurance Weekly Claims Report : Disappointingly Stable
SEASONALLY ADJUSTED DATA In the week ending April 14, the advance figure for seasonally adjusted initial claims was 386,000, a decrease of 2,000 from the previous week’s revised figure of 388,000. The 4-week moving average was 374,750, an increase 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
Trends in Canada’s Payroll Taxes
This short paper is the first in a new Caledon series, caledon social statistics. Using a combination of illustrative graphs and explanatory text, the series will explore social programs, tax benefits and trends in low income and other major social and economic indicators. In addition to income taxes, Canadians pay employment-related taxes, known as payroll … Continue reading
Labour Market Regulations : Policy makers do not necessarily have a comprehensive approach
Mariya Aleksynska and Martin Schindler provide descriptive statistics showing that there exists substantial heterogeneity in labor market institutions across regions and income groupings, and that much of the sample variation is driven by institutional changes over time in low- and middle-income countries in Labor Market Regulations in Low-, Middle- and High-Income Countries: A New Panel Database published bu imf.org. (Adapted excerpts by … Continue reading
Unemployment Claims | Up by 13,000 to two-month high
UNEMPLOYMENT INSURANCE WEEKLY CLAIMS REPORT – SEASONALLY ADJUSTED DATA In the week ending April 7, the advance figure for seasonally adjusted initial claims was 380,000, an increase of 13,000 from the previous week’s revised figure of 367,000. The 4-week moving average was 368,500, an increase of 4,250 from the previous week’s revised average of 364,250. … Continue reading
Unemployment Claims | Still Falling
In the week ending March 31, the advance figure for seasonally adjusted initial claims was 357,000, a decrease of 6,000 from the previous week’s revised figure of 363,000. The 4-week moving average was 361,750, a decrease of 4,250 from the previous week’s revised average of 366,000. The advance seasonally adjusted insured unemployment rate was 2.6 percent for the week … Continue reading
News | Jobless Claims Reach New Four-Year Low
“New claims for unemployment benefits fell to a new four-year low in the United States last week, according to a government report. A separate report confirmed the American economy expanded at an annual rate of 3 percent late last year” reports the NYT. ______________________________________________________ Unemployment Insurance Weekly Claims Report (Excerpts from the Press Release) SEASONALLY ADJUSTED … Continue reading
Unemployment Claims | Remain at 4-Year Low
UNEMPLOYMENT INSURANCE WEEKLY CLAIMS REPORT SEASONALLY ADJUSTED DATA In the week ending February 25, the advance figure for seasonally adjusted initial claims was 351,000, a decrease of 2,000 from the previous week’s revised figure of 353,000. The 4-week moving average was 354,000, a decrease of 5,500 from the previous week’s revised average of 359,500. The advance seasonally … Continue reading
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