Job Market Monitor
unemployment benefits
Jobless Claims in US / 14,000 to 348,000 in the week ended Feb. 22, one-month high
More Americans than forecast filed applications for unemployment benefits last week, a sign the labor market is improving in fits and starts. Jobless claims increased by 14,000 to 348,000 in the week ended Feb. 22, exceeding all forecasts in a Bloomberg survey and the highest level in a month, from 334,000 in the prior period, … Continue reading
Employment Insurance in Canada / Little changed in December 2013 but claims increased for the second month in a row
In December, 514,200 people received regular Employment Insurance (EI) benefits—little changed from November. The number of beneficiaries has been relatively stable since May 2013, following a long-term downward trend that began in the summer of 2009. Saskatchewan and Alberta posted an increase in the number of people receiving regular EI benefits in December, while there were fewer beneficiaries in … Continue reading
US Unemployment Insurance Weekly Claims Report / An increase of 8,000 from last week
SEASONALLY ADJUSTED DATA In the week ending February 8, the advance figure for seasonally adjusted initial claims was 339,000, an increase of 8,000 from the previous week’s unrevised figure of 331,000. The 4-week moving average was 336,750, an increase of 3,500 from the previous week’s revised average of 333,250. The advance seasonally adjusted insured unemployment … Continue reading
US / Jobless claims fall by 20,000
The number of Americans filing new claims for unemployment benefits fell more than expected last week, in a boost to the labor market outlook and the broader economy. Initial claims for state unemployment benefits declined 20,000 to a seasonally adjusted 331,000, the Labor Department said on Thursday. Claims for the prior week were revised to … Continue reading
US / Jobless Claims Climbed More Than Forecast Last Week
UNEMPLOYMENT INSURANCE WEEKLY CLAIMS REPORT – SEASONALLY ADJUSTED DATA (DOL Press Release) In the week ending January 25, the advance figure for seasonally adjusted initial claims was 348,000, an increase of 19,000 from the previous week\’s revised figure of 329,000. The 4-week moving average was 333,000, an increase of 750 from the previous week\’s revised average … Continue reading
US / The Unemployment Problem is a long-term unemployment problem
In a response to Friday’s jobs report, Jason Furman, the Chairman of the White House’s Council of Economic Advisors, included this graph that shows the share of unemployment benefits going to long-term unemployed workers (those out of work more than 27 weeks) and short-term unemployed workers. Check it out: Source: Council of Economic Advisers The … Continue reading
US / Testimonies of Americans who rely on unemployment insurance (Video)
Americans who rely on unemployment insurance describe exactly what this essential lifeline has meant to them, and what’s at risk if House Republicans refuse to renew it. On Nancy Pelosi‘s Channel, Democratic Leader of the U.S. House of Representatives for the 112th Congress. Related articles Unemployment Insurance in US / Worse than most other developed countries (video) … Continue reading
Update on Unemployment Insurance Extension in US
The US Senate passed a procedural vote Tuesday to extend long-term unemployment insurance that ended late last year. The vote does not guarantee final passage, and the measure still must pass the House of Representatives, according to a report by USA Today. The 60-37 vote with six Republicans voting with the majority of Democrats shows … Continue reading
Unemployment Insurance Extension in US / Transcripts: President Obama’s and House Speaker John Boehner Jan. 7 remarks
PRESIDENT OBAMA: … Five years ago this month, our economy was shedding 800,000 jobs, just in one month. But as Americans buckled down and worked hard and sacrificed, we began to come back. And our businesses have created more than 8 million new jobs since we hit the bottom. Our auto industry’s gone from bust … Continue reading
UI Benefits Extension in US / Meet people who’ve lost them
Name: Maureen “Momo” Kallins State: Washington “I am 65 years old. For three years I worked as the General Manager and the Business Manager of a small public access television station in Washington State. I lost that job in January 2013, which supported half of our household. (I have two sons, 26 and 24, and … Continue reading
UI Benefits Extension in US / Obama to speak on Tuesday
President Barack Obama will ratchet up his administration\’s push for an extension of emergency unemployment benefits on Tuesday with an event at the White House attended by people whose benefits have expired
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UI Weekly Claims Report in US / Still a good news
In the week ending December 28, the advance figure for seasonally adjusted initial claims was 339,000, a decrease of 2,000 from the previous week’s revised figure of 341,000. The 4-week moving average was 357,250, an increase of 8,500 from the previous week’s revised average of 348,750. The advance seasonally adjusted insured unemployment rate was 2.2 … Continue reading
US / ‘Extended’ Unemployment Benefits ending: less active jobless persons looking for work
Editor’s Note: We know what is unemployment insurance. It covers for unemployment. That said, it is also the price we pay to keep the unemployed active. And when the price of something falls, you get less of it on the market. This is what might happen with the end of the ‘extensions’: less active jobless persons … Continue reading
Long-term unemployment benefits expire / Who, why, where …?
Who lost benefits? Anyone who has been collecting unemployment for more than 26 weeks loses benefits, roughly 1.3 million people immediately. Several million more people are expected to hit the limit over the course of the next year; they would lose benefits at that point. The Obama administration estimates that by the end of 2014, … Continue reading
Jobless claims in US / Decrease by 42,000 to a seasonally adjusted 338,000
Initial claims for state unemployment benefits decreased 42,000 to a seasonally adjusted 338,000, the Labor Department said on Thursday Continue reading
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