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Unemployment Insurance



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7Vote!

Extended U.S. jobless aid rise clouds labor picture

The number of unemployed U.S. workers seeking emergency relief under federal programs rose at the end of October, the government said on Thursday, clouding the picture of the weak jobs market.

3Vote!

BLS: Mass Layoffs Continue to Reign

Sold At The Top submits: On Friday, the Bureau of Labor Statistics (BLS) released its latest installment of the Mass Layoff Report showing continued weakness in nation’s job market, with 2,127 mass layoff events resulting in 217,182 initial unemployment claimants on a seasonally adjusted basis. On a seasonally un-adjusted basis, the mass layoff events totaled 1,934 with 193,904 initial claimants....

7Vote!

Jobless Claims: The Slow, Inexorable Decline

Edward Harrison submits: Initial jobless claims for the past week were 505,000, tied with last week for the lowest since January. This brings the 4-week average down to 514,000, the lowest since November of last year and the 11th consecutive week of declines. Clearly, fewer people are losing their jobs. But, 505,000 is still a large number – one consistent with a net loss of 150,000-200,000...

6Vote!

Frustrated man outsmarts ID thief

Citizens are told not to take the law into their own hands. But for a frustrated Mr Oupa Ramasodi, it paid off quite nicely.

3Vote!

Closing Michigan youth academy is a bad idea

Legislators have made some shortsighted cuts to plug a $2-billion budget hole. But for outright stupidity, nothing beats the closing, of the Michigan Youth Challenge Academy in Battle Creek, currently scheduled to take place Dec. 26.

3Vote!

Jobs reports 'riddled with inaccuracies'

The reports on jobs created or saved by the $787 billion stimulus package are "riddled with inaccuracies and contradictions," ...

6Vote!

Repugs Block Dem Effort to Freeze Credit Card Interest Rates

Just when you think repugs can't possibly find another way to fuck over working Americans, or get any more shamelessly blatant about it, they do. Digby gets to the heart of it: If Democrats can't make something out of this they deserve to lose their majority and be sued for political malpractice. Moments ago, Senate Republicans blocked a Democratic proposal to freeze credit card rates on existing balances...

3Vote!

Dollar rises amid weak U.S. economic data

NEW YORK, Nov. 19 (Xinhua) -- The dollar rose against most ...

6Vote!

OECD raises growth forecast

The OECD has raised its economic growth forecast for its members. From Bloomberg on Thursday: The Organization for Economic Cooperation and Development doubled its growth forecast for the leading developed economies next year and predicted a further acceleration in 2011 as China powers a global recovery. The economy of the group’s 30 member countries will expand 1.9 percent next year and 2.5...

3Vote!

Rewarding the legislative champions of labor interests

Washington labor leaders are changing the way they allocate campaign cash, now giving it to individual lawmakers who have records that champion labor issues rather than to partisan campaign funds. Guest columnist Rick Bender explains the change.

6Vote!

Gross jobs

From December 2008 to March 2009 the number of job losses from closing and contracting establishments remained essentially unchanged at 8.5 million. The number of job gains from opening and expanding private sector establishments fell from 6.7 million to 5.7 million, the lowest level since the series began in 1992, the U.S. Bureau of Labor Statistics reported today. Gross job losses exceeded gross...

6Vote!

The Rich Are Different. They Have Jobs

Wall Street doesn’t look back at the disaster it wrecked on Main Street. Goldman Sachs, one of the Wall Street firms that got the H1N1 flu shot well ahead of millions of America’s school children, sent this health tip in a memo to its pampered, out-of-touch execs: “Resist the urge to open your own car door; let your driver do it.” Yo, Jeeves. While you’re at it, dust...

3Vote!

Weak jobless claims, future economic activity data

A gauge of future economic activity and a report on unemployment benefits signaled Thursday that the recovery likely will remain weak in the coming months.

3Vote!

Leading Indicators Up

The Conference Board’s Index of Leading Economic Indicators rose in October: The Conference Board Leading Economic Index™ (LEI) for the U.S. increased 0.3 percent in October, following a 1.0 percent gain in September, and a 0.4 percent rise in August. Download a PDF of the technical notes for underlying detail, diffusion indexes, components, contributions and graphs. Download a [...]

3Vote!

Yep, It's A Jobless Recovery. Yoo Hoo, President Obama - Why Not A Jobs Program?

Let's see: No new jobs , benefit extensions screwed up and Christmas is coming. You'd think the administration and Congress would be doing something about this, but you'd have better luck asking Underdog: Nov. 19 (Bloomberg) -- The number of Americans filing claims for unemployment benefits held at a 10-month low last week, a sign firings are letting up as the economy recovers. Initial jobless claims...

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3Vote!

Unemployment Benefit in France

The rules governing the right to unemployment benefit in France have recently been changed. To be eligible for unemployment benefit you need to have worked for a minimum of four months over the previous 28 months (36 months for those 50+ years of age). Those registered unemployed elsewhere in the EU can also obtain unemployment benefit in France for at least three months, on the basis that they are