At 4.2 percent, the unemployment rate in Orange County is now below the pre-recession level of 4.3 percent from 2007, and below the state's unemployment rate of 4.9 percent.
Initial jobless claims—a measure of the number of individuals filing applications for unemployment benefits—fell to their lowest level since 1969 last week.
Sonderling said he’s directing states to “verify first and pay later” regarding unemployment insurance claims. He said the department is working with Alabama on a centralized verification system.
Statistics Canada puts Calgary's unemployment rate at 9.5 percent for the month of September, the highest in all major urban centres across the country.
(Kevin Frayer/Getty Images)
A Generation Locked Out of Work
Youth unemployment for Chinese citizens aged 16 to 24 has sat in the 16 percent to 17 percent range for more than two years, which is more than double the comparable U.S. figure.
For example, under the prevailing models, there would always be a trade-off between inflation and unemployment. You could choose one or the other if need be. You could tame inflation but only by causing higher unemployment.
The proposal also would require states to make unemployment insurance available to many part-time and low-income workers, and it would mandate that states provide at least 26 weeks of unemployment insurance.
Unemployment Benefits Rise Only Modestly
At roughly the same time, Shanghai announced a relatively modest increase in its unemployment benefits, according to the local media Shanghai Observer.
If there were layoffs, for instance, the out-of-work people had to return to the region of their registration to collect unemployment or other social benefits.
21,133
$94,019,099
32.2 percent
Source: Information about the number and percent of people receiving benefits and the total benefits paid was prepared for The Associated Press by the Division of Fiscal and Actuarial Services in the Office of Unemployment
I was unemployable. When I went to Fresno, Cal State Fresno, they said, “We’re not going to hire you. We’ll have you part-time.”
I said, “I published a book.”
They said, “Well, let me see.
A worker who fears losing a job will save against unemployment, Fan said. Families facing large medical bills or uncertain retirement support will also keep more money in reserve rather than spend it.
The wealth gap between Europe and Morocco, youth unemployment, a court ruling interpreted online as Spain opening its doors, and Madrid's plans to regularize hundreds of thousands of immigrants had all converged, he said, with the viral social media campaign
“The authorities keep calling on consumers to spend more, but they have not addressed unemployment, falling incomes or the financial pressure from housing, healthcare and education,” Ding said.
The survey shows that 47 percent of the journalists interviewed believe new sensitive issues have emerged over the past year, including China’s demographic issues, the overall Chinese economic situation, youth unemployment, the real estate crisis, U.S
The Treasury’s own numbers state the scale of the coming collision: mandatory spending that goes untouched by the cap (pensions, continuous benefit, unemployment insurance, floors for health and education that are constitutional requirements) grows at
However, the 1929 stock market crash triggered the Great Depression, driving unemployment to nearly 25 percent.
While historians debate whether President Franklin D.
When we think about disadvantages and challenges in the labor market, unemployment generally takes center stage, clearly exemplified by the monthly jobs report hype over one stat: the unemployment rate.
Is it up or down? What will it be next month?
Canada is currently in a technical recession—back-to-back quarters of negative GDP growth—and faces elevated inflation and an unemployment rate of almost 7 percent.
Monthly data suggest Canada will likely exit the recession in the second quarter.