Unemployment News

Unemployment news from around the U.S. and the world.

Obama Signs Emergency Extension into Law

Law extends benefits and addresses a key injustice

President Obama finally signed an unemployment extension that will prevent 2 million Americans from falling off the rolls between now and November. The law also addresses the issue of workers whose benefits were drastically reduced if they took temporary jobs during a period of unemployment.

June Jobs Report -- More Bad News Dressed Up to Look Good

The Bureau of Labor Statistics realeased its June, 2010, jobs report, which clearly shows a worsening employment situation, even though the official unemployment rate dropped to 9.5 percent.

Total non-farm employment dropped by 125,000 thanks to the layoffs of temporary census workers. The private sector added 83,000 jobs -- good news and likely the angle the media will play up.

Unemployment News Roundup - 07-01-2010

Jobless Claims Rise Unexpectedly

New unemployment claims rose in the week of June 28, to 472,000. The four-week average is up to 466,500, the highest level since March.

This is interesting: The number of people collecting benefits rose in the week of June 19 to 4.9 million. Some 600,000 people fell off the rolls between June 1 and June 19 due to the stalling of the extension bill.

House Rejects Standalone Extension Bill

Citing concerns about the national debt, the U.S. House of Representatives has rejected the standalone unemployment extension bill introduced by Representatives Levin (D-MI) and McDermott (D-WA).

Democrats introduced the bill under a special procedure that limited debate, disallowed amendments, and would have required a 2/3 majority to pass.

The bill would have prevented 200,000 people from falling off the unemployment rolls each week, extending coverage until the end of November at a cost of $33.9 billion.

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Unemployment News Roundup - 6-28-2010

Senator Snowe Writes Letter to Harry Reid About Standalone Bill

Republicans Kill Unemployment Extension

The Republican party must be addicted to bad publicity. After starting two unnecessary wars and creating the financial regulatory environment that has bankrupted the nation, the GOP has now done one of the most evil, stupid things in American history by killing H.R. 4213, the jobs and unemployment extension bill.

Somewhere between 400,000 and 900,000 people will now exhaust their benefits every month for the rest of this year. Millions will lack the means to pay their bills. Millions will be thrown into desperation.

Unemployment News Roundup - 6-23-2010

(NOTE: I would really like to make this a daily feature but don't have time. If anyone wants to tackle it, please let me know. We can work something out to compensate you for your effort.)

Unemployment Extension Blocked Again

In Your Face, Michigan! Nevada Now Unemployment King.

The Detroit News reports that Nevada has overtaken Michigan as the national champion of high unemployment.

Michigan's "winning streak" was long indeed: It had held the unemployment title since April, 2006.

Unemployment News Roundup - 6-15-2010

Democrats want to cut payments, extend benefits.

To rein in the cost of continuing extensions, Senate Democrats have proposed cutting weekly benefits by $25. The measure will undergo a "test vote" on Wednesday and should be voted on for real by the end of the week.

New York State averts state government shutdown -- for now

Unemployment News Roundup - 6-14-2010

Here's the rundown of what's happening on the U.S. unemployment scene today...

30,000 lose benefits in Indiana

WRTV in Indianapolis reports that benefits ran out for 30,000 Hoosiers on Sunday as Congress has not yet approved a sixth extension of unemployment benefits.

Wisconsin's computerized filing system crashes, delaying payments for thousands

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