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

Wisconsin's online unemployment filing system crashed all day on Sunday, delaying benefits for anyone filing on that day. Those who were unable to file their weekly claim should call to ensure benefits for this week.

On a brighter note, the Badger State's unemployment rate apparently dropped in April to 8.5 percent on the addition of 16,400 new jobs.

Question: How many of those jobs were census jobs?

Washington Post: New Jobs Bill Will Cost Jobs

The Washington Post theorizes that the latest jobs bill will have a net negative effect on employment. The rationale is that closing tax loopholes for the wealthy will slow down commercial real estate development.

Question: How much commercial real estate development is really underway right now? Oh, right, not much...

California reports 12.6 percent unemployment rate

Not much more to say here except that Michigan is still the king at 13.7 percent.

Unemployment in U.S. worse than OECD average

The average OECD unemployment rate was reported as 8.7 percent. The U.S. rate of 9.7 percent was better than those of Spain (19.7 percent), Slovak Republic (14.1 percent), Ireland (13.2 percent), Portugal (10.8 percent), Hungary (10.4 percent), and France (10.1 percent).

South Korea (3.7 percent) and the Netherlands (4.1 percent) had the lowest rates among developed nations.

Finally, some good news: Oregon man starts mattress business

One unemployed Oregon entrepreneur's gamble on a truckload of mattresses paid off when he sold the lot and made good. There is still hope.

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