Unemployment

US / Unemployment Benefits / How Long Can You Collect ? (Infographics)

The following maps show the maximum duration of benefits in each state by year. .Choosen excerpts by Job Market Monitor from via How Long Can You Collect Unemployment Benefits? – Real Time Economics – WSJ.

Almost a third of the entire manufacturing industry jobs have disappeared since 2000

Nearly six million factory jobs, almost a third of the entire manufacturing industry, have disappeared since 2000. And while many of these jobs were lost to competition with low-wage countries, even more vanished because of computer-driven machinery that can do the work of 10, or in some cases, 100 workers. Those jobs are not coming … Continue reading →

Fiscal Cliff / Unemployment Benefits will abruptly end for 2 million in dec., and nearly one million more in the first quarter of 2013

Because over five million workers will be unable to collect federal UI benefits next year if Congress fails to act, NELP is calling upon Congress to make this issue a priority during the lame-duck session of the 112th Congress. Not only should Congress reauthorize the EUC program in its current form for the next year, it … Continue reading →

New York / 5,000 Temporary Jobs in Sandy Stricken Areas

New York State will hire more than 5,000 unemployed residents in temporary positions to help clean up debris and distribute supplies in areas stricken by Hurricane Sandy, the Cuomo administration announced on Sunday. The jobs will pay roughly $15 an hour and could last as long as six months. They will be available to residents … Continue reading →

EU / Jobs Outlook Dismal Finds Gallup

Amid rising unemployment, the jobs outlook across the European Union is deteriorating in 2012. Majorities in all EU countries except Germany and Austria — where unemployment rates are among the lowest in the eurozone — say now is a “bad time” to find a job in the city or area where they live. Pessimism is … Continue reading →

India / Youth Unemployment

India, one of the youngest countries in the world, where youth accounted for 20% of the total population in 2011, according to the Registrar General of India. More importantly, the dependency ratio – the number of children and elderly people per working-age person — declined 21% over the last three decades. In China, the ratio … Continue reading →

Employability And The Economy

Employability is based on a set of individual characteristics. It is not equivalent to employment, but rather a prerequisite for (gainful) employment. It pertains to someone’s relative ability to obtain and maintain gainful employment, as well as make successful transitions from one job to the next, either within the same company or field or to … Continue reading →

US / Three misperceptions prevent employment of Veterans

Research shows three misperceptions prevent employment of Veterans. Watch the video, click the image below via Warrior Transition Command | Wounded, ill, and injured Soldiers: A Story of Resilience. Related Posts American Veterans | Trends and Programs POSTED BY JOB MARKET MONITOR ⋅ NOVEMBER 12, 2012 ⋅ LEAVE A COMMENT “Veterans’ employment outcomes in the civilian labor market are an … Continue reading →

Unemployment Insurance / Reduces labor force exit among the unemployed rather than changes reemployment rates

A paper by Jesse Rothstein, a professor of public policy and economics from the University of California Berkeley has made making a lot of noice on the Web. Jesse Rothstein who is also former chief economist at the Department of Labor, provides up-to-date estimates of the ‘generousity’ effect of unemployment insurance benefits (in terms of duration, % of wages replaced, or … Continue reading →

Minimum Wage – The Debate in Video

US / Food stamp enrollment up even if unemployment rate declines

From October 2009 to October 2012 the unemployment rate has declined from 10.2 percent to 7.9 percent. In that same time frame, nearly ten million new recipients have been added to the food stamp rolls, according to government data analyzed by the Republican committee staff. “Spending on the food stamp program has increased every single … Continue reading →

Unemployment Insurance / Claims fell last week but still dancing above 400,000 amid Sandy

Several states were still reporting an increase in claims because of Hurricane Sandy An analyst from the Labor Department said several states were still reporting an increase in claims because of Hurricane Sandy, the mammoth storm that slammed into the East Coast on Oct. 29. The storm left millions of homes and businesses without electricity, … Continue reading →

Internet Job Search / Cuts Unemployment Duration by 25%

“While the Internet has been found to reduce trading frictions in a number of other markets, existing research has failed to detect such an effect in the labor market” write Peter Kuhn and Hani Mansour in Is Internet Job Search Still Ineffective? on iza.org.(Adapted Choosen excerpts by Job Market Monitor to follow) No more… In their … Continue reading →

Facebook / Users who have recently lost a job feel greater stress

Among those who have recently lost a job, social networksin general and online ones in particular may be useful to cope with stress and find new employment write Moira Burke and Robert Kraut in Using Facebook after Losing a Job: Differential Benefits of Strong and Weak Ties on thoughtcrumbs.com. (Adapted choosen excerpts by JMM to follow) The study focuses on … Continue reading →

FED / Lockhart / Aggressive Easing Needed For Jobs

Federal Reserve Bank of Atlanta President Dennis Lockhart said forceful central bank policies will remain needed to spur job growth even if Congress averts sudden tax increases and spending cuts at the end of the year. “I expect that continued aggressive use of balance sheet monetary tools will be appropriate and justified by economic conditions … Continue reading →