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Unemployment Down and Running Out
From: About.com Job Searching
The unemployment rate dropped slightly, from 10% to 9.7%, in January, with non-farm payroll employment losing 20,000 jobs. The number of long-term unemployed (those jobless for 27 weeks and over) continued to increase in January, reaching 6.3 million. In addition, the job market remains really competitive with over 6 unemployed workers for every job opening. Job losses continued in construction and in transportation and warehousing, while employment increased in temporary help services, health care, retail, and in federal government hiring. The underemployment rate, which includes unemployed workes plus people aren't working or looking for work, but they want a job and have looked for work recently dropped to 16.5% in January. . On a related note, the current unemployment extension is s...
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Tier 5 Unemployment Extension
There has been quite a bit of confusion regarding extended unemployment benefits. The current extended unemployment compensation provides unemployment benefits for 4 tiers of unemployed workers. The extensions do not provide any additional weeks of unemployment benefits for the long term unemployed.  For example,  in New York unemployed workers are currently eligible for 26 weeks of state unemployment, 53 weeks of Emergency Unemployment Compensation (EUC) emergency benefits, and 20 weeks of Extended Benefits (EB) extended benefits.  The current unemployment extensions would not add any weeks for those unemployed workers who are going to run out of all unemployment benefits. The best course of action to help get a long term extension passed is to contact your elected officials and ...
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Unemployment Holding at 9.7%
The unemployment rate was 9.7% in February, with non-farm payroll employment losing 36,000 jobs. Employment fell in construction and information, while temporary help services added 48,000 jobs.  Health care employment continued to grow in February.  The number of people working part-time who preferred full-time work rose from 8.3 to 8.8 million in February. I've heard from unemployed workers who have unexpectly lost their jobs after 20 or 30 years of working for the same company.  And from others, for example, who relocated for a job only to lose it.  The unemployment stories that site visitors have shared are sad, some heartbreaking, and very scary.  These stories are only the tip of the unemployment  iceberg, so it's important to remember that if you still have your job, ...
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Unemployment Extension 2010
Unless Congress passes another unemployment extension, the current extended unemployment benefits program will expire on February 28.  Unemployed workers will start receiving notices from their state unemployment offices letting them know their benefits will end.  This will happen, even though benefits may be extended when Congress returns from recess on February 22, because states are required by law to inform unemployed workers of the status of their benefits. Even though some job creation items have been stripped from the legislation, reports indicate that the  latest version of the bipartisan Senate Jobs bill still includes a three month unemployment extension. The legislation, if passed, would extend the federal Extended Benefits Program, the Federal Additional Compensation (ex...
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Unemployment Extension News
January 20 Update:  The National Employment Law Project is urging Congress to extend the extended unemployment benefits program, including full federal funding of Extended Benefits, the $25 per week in Federal Additional Compensation, and the 65% 15-month COBRA subsidy through the end of 2010.  Action is needed now because the current unemployment extensions are set to expire at the end of February.  Here's how to send a message to Congress ask them to extend benefits for workers who are going to run out:  http://www.nelp.org/page/speakout/FederalUI2010 If you're out of work, please add your story to our collection: Share Your Unemployment Story Read Unemployed Worker Stories December 22 Update: President Obama has signed legislation extending unemployment benefits, including ext...
More | About.com Job Searching
Unemployment Extension
January 20 Update:  The National Employment Law Project is urging Congress to continue the extended unemployment benefits program, including full federal funding of Extended Benefits, the $25 per week in Federal Additional Compensation, and the 65% 15-month COBRA subsidy through the end of 2010.  Action is needed now because the current extensions are set to expire at the end of February.  Here's how to send a message to Congress: http://www.nelp.org/page/speakout/FederalUI2010 If you're out of work, please add your story to our collection: Share Your Unemployment Story Read Unemployed Worker Stories December 22 Update:  President Obama has signed legislation extending unemployment benefits, including extended unemployment benefits and the COBRA subsidy, that were set to expire a...
More | About.com Job Searching
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