File Federal Unemployment Extension
Daily News Update
January 27, 2015 Update: Federal Unemployment Extension. According to the Department of Labor, the number of new claims for unemployment benefits experienced only a slight decrease of 10,000 to reach a total of 307,000. The largest numbers of layoffs were in California and Texas. Economists had expected that number to decline to 300,000. This represents three consecutive weeks that claims have been above 300,000. More news
January 22, 2015 Update: “2014 was a truly outstanding year for the labor market,” James Marple, an economist at TD Securities, explained, “Companies are increasingly looking to hire.” Economists forecast that in 2015, the U.S. economy will continue powering ahead of other large economies, notably those of Europe with the grow of more than 3%. Long-term unemployment fell by 27% last year. Still more must be done to boost stagnating wages. Continue reading
January 19, 2015 Update: According to the Department of Labor, the number of new claims for unemployment benefits experienced a sharp increase of 19,000 to reach a total of 316,000. This represents the first time in four months that unemployment claims filings exceeded the 300,000 threshold. Economists had predicted a drop to 295,000. The number of people claiming benefits was 2.8 million compared to 4.7M a year ago. Last week no State claimed Extended Benefits. More news
January 15, 2015 Update: As a result of high student loan burdens, in conjunction with high rates of unemployment and underemployment, 7 million Americans or 18% of all education debt holders defaulted on their student loans. With over 60 percent of employers checking credit scores before hiring or promoting, ineligibility for some federal jobs, and withheld educational transcripts, those who need employment most desperately, suffer the most. Continue reading
January 13, 2015 Update: According to the Department of Labor, the number of new claims for unemployment benefits decreased by 4,000 to reach a total of 294,000 last week, while Michigan and New Jersey experienced increases in claims. Economists had predicted that claims would decline to 290,000. The four-week moving average declined to 290,500, a drop of 250. The moving average has remained below 300,000 for 17 consecutive weeks.
Unemployment News & Resources
January 7, 2015: While the short-term unemployment rate is on the decline, over 2% of the labor force remains long-term unemployed. What is even worse, finding and keeping jobs can be particularly problematic for the long-term unemployed. 30% of the long-term unemployed that eventually find a job lose it within 12 months. Studies reveal discrimination towards the long-term unemployed, also known as an “unemployment trap”. Continue reading
December 30, 2014: While the unemployment rate may have settled at a 6-year low, it can certainly be argued that the need to extend unemployment benefits still exists. The Bureau of Labor Statistics announced that the long-term unemployment situation hasn`t improved and approximately 2.8 million people or about 2% of the country`s workforce remain unemployed for more than 27 weeks. Continue reading
December 22, 2014: With 40% of workforce underemployed, Wal-Mart is notorious for its practice of intentionally low working hours and cuts in health care coverage. While the underemployment crisis might seem like a problem of individual employees, it has economic implications for the entire country. Continue reading
December 15, 2014: Colorado’s unemployment rate is down to an impressive 4.3 percent. That is the lowest level since March of 2008 and down from 4.7 percent in September of this year. Here is what keeps it so low and also why this may actually hurt Colorado`s economy. Continue reading
December 8, 2014: In November, President Obama announced that he will use his executive powers to provide immigration relief to an estimated 5 million undocumented immigrants. Will Obama’s Immigration Action Mean Fewer Jobs for Americans? Continue reading
December 2, 2014: These 9 cities weathered the Great Recession and now boasting the lowest unemployment rates in the United States. Out of work for over 26 weeks? Why not to consider moving there? Continue reading
November 26, 2014: According to the Labor Department, African-American unemployment rate still hovers above 10%, while Caucasian men in America are unemployed at a rate of roughly 4.4 percent. Studies show that white applicants with a criminal record are more likely to get employed than a black applicant with no criminal record. Continue reading
November 18, 2014: Recently, there has been little word from either side of the aisle regarding a possible extension of unemployment benefits for the long-term jobless. At the same time almost 150 workers of Fusion Paperboard received notice that they will qualify for extended unemployment benefits. After exhausting their original 26 weeks of unemployment benefits, Fusion Paperboard employees will qualify to receive additional two and a half years of benefits. Continue reading
November 11, 2014: Citizens and politicians alike are quick to gripe about the United State’s seemingly high unemployment rate. Are things really so bad? Take a look at these four countries with outrageously high unemployment rates. Continue reading
November 5, 2014: Now that Republicans declared a victory in the House of Representatives and national unemployment rate is at 5.9 percent, emergency unemployment benefits (EUC) may never see the light of day. Either way, it is now up to Republicans to deal with the current economic issues. Continue reading
November 2, 2014: Unemployment rates for America`s least educated workers with high school diploma declined much sharper - from 6.2% to 5.3% because most of the post-recession economic growth took place in low-wage sectors. Here is how this will benefit you. Continue reading
October 20, 2014: 20% of Workers Laid Off in the Past 5 Years Are Still Unemployed Today. Unemployment rate among the workers who remain jobless for more than six months is among the most persistent, negative effects of the Great Recession. Long-term unemployment remains above pre-recession levels in 41 states. Continue reading
October 15, 2014: Will the Unemployment Extension be renewed in 2014? Here’s why Obama and Boehner blame both the unemployed as well as lengthy Congressional recesses for missing the Unemployment Extension bill. Continue reading to find out.
October 8, 2014: Some call them “the lost generation”. Many believe their "wage scars" will last upwards of twenty years and they will never be able to retire. It is estimated that federal and state governments are losing approximately $8.9 billion in revenue each year because of them. They tear at the very fabric of American society. Continue reading to find out if you are one of them.
September 23, 2014: While the resession may not be over yet, the unemployment rates inch up and there is still no sight of an unemployment extension 2014 bill. According to the Census Bureau, the poverty rate in the United States declined to 14.5 percent, showing 0.5% year-over-year decrease. Continue Reading
September 18, 2014: US unemployment rate is perceived as a major indicator of economic health. It is cited more than any other statistical figure in the world. But now its accuracy has been challenged and here is the reason why. Continue Reading
August 26, 2014: "Human Capital Dynamics and the U.S. Labor Market" report recently released by Federal Reserve Bank of Atlanta indicates that the unemployment extension had no positive impact on employment rate. Continue Reading
August 8, 2014: The portion of Americans between the ages of 25 and 34 who were working in April fell to a five-month low of 75.5%.
Read More: Recent College Grads & Unemployment: How Many Graduates Can Actually Find Jobs? July 22, 2014: Feds recently announced 6.1 percent unemployment rate, which is lowest since George W. Bush was president. But what is the true nature of the unemployment rate? A record 92.5 million people are out of the work force, the cost of gas and food are at all-time sustained highs as is the stock market, and the failure to extend federal unemployment insurance benefits has a downward effect on the unemployment rate, making it look better than it actually is. Also can look at where jobs have been created, which, for the most part, aren`t in high-paying sectors... (Continue reading) July 7, 2014: Federal Funding Available for College Course. Pell Grants Give Up to $5,500 for Training. June 20, 2014: Unemployment Offers Opportunities for New Jobs Training. May 27, 2014: Unemployment Drops as Lawmakers Debate Benefits Extension. May 24, 2014: Federal Lawmakers Continue Wrangling Over Unemployment Extension Latest news regarding the extension. For those who were not certifying for federal extension benefits due to going back to work, school or other situation but still had a remaining balance left on a federal extension claim, they have to reopen their claim if they are in need of extended benefits. The EDD recommends submitting a claims online to reopen their extension claims.
Employers added more jobs in December.
Reported in January of 2015, 252,000 new jobs were created in December. The unemployment rate decreased to 5.6%. Non-farm, seasonally adjusted employment grew to an all time high 140.3 million. Unfortunately, the long-term unemployment rate hasn`t improved. There has been no improvement in average wages either. Many of the high paying manufacturing jobs have been replaced by lower paying service jobs. Also, the long-term unemployed (out of work for 26 weeks or longer) find it extremely challenging to return back to work, as employers perceive their skills as outdated. Millennials and women over 55 years old are the most impacted with the highest and longest unemployment rate across all gender and age groups.
Federal tiers are determined by the state`s unemployment rate where the unemployed individual chooses to file for benefits.
US employment is 113,000 jobs short of its highest figure in Jan 2008. Do you feel that the economy is back to normal? Share with us your opinion.
The Online Filing Directory
Benefit Extension: Your eligibility and the total amount of weeks for compensation are the major changes in the 2012 legislation bill. Congress has permitted States to administer drug testing for unemployed individuals seeking an extension of benefits if they were previously laid off due to the use of drugs.
In order to obtain the full 73 weeks of State compensation update, most states still require an active job search, as was the case in 2012.
State requirements of unemployment will vary, relying heavily on the seasonally adjusted unemployment rate.
Extension of Compensation
*Individuals who have collected all regular State benefits are those who can seek eligibility for the new unemployment bill, by starting with 13 weeks of federal extended benefits, referred to as extended Federal benefits or the "EB" Program. The EB Program is also relies on the state`s economic status to determine lengths & amounts.
After utilizing your Extended Benefits for 13 weeks, unemployed individuals can continue receiving benefits through the EUC (More on Emergency Unemployment Compensation). 2013 Extended benefit lengths are determined by which tier the individual falls into. The new Senate bill of December 2012 is comprised of 4 separate EUC tiers (each tier defines how long your extension will last).
Passing of the New Legislation Bill:
Federal Tiers Structure
(63 Weeks to 73 Weeks)
Details of the new enacted tiers, and a comprehensive benefit calculator is available to claimants. These changes were enacted on June 1, 2012 (prior to June, all tiers remained the same for claimants as was the case in 2011 for 99ers. It is important to note that in 2013, there is no tier 5 (99 weeks was reduced to 73 weeks). The 2013 legislation terms for the bill are as follows:
Extended Benefits For 73 Weeks
(UNTIL END OF 2013)
- Tier 1: 14 weeks
- Tier 2: 14 weeks
- Tier 3: 9 weeks
- Tier 4: 10 weeks (when your State is 9% or higher - if your State is losing extended benefits, then you are entitled to 16 weeks of unemployment insurance. Depending on the date you lost your job, you may qualify for a different tier structure.
(TO AUGUST OF 2012)
- Tier 1: 20 weeks
- Tier 2: 14 weeks IF state rate passes 6%.
- Tier 3: 13 weeks IF state rate passes 7%.
- Tier 4: Six weeks IF state rate passes 9%
(SEPTEMBER `12 - DECEMBER `13)
- Tier 1: 14 weeks
- Tier 2: 14 weeks IF state rate passes 6%.
- Tier 3: 9 weeks IF state rate passes 7%.
- Tier 4: 10 weeks IF state rate passes 9%
Maximum Amount of Weeks For Collecting (2012-2013)
Here is an overview of the maximum lengths this year:
- FROM MARCH TO MAY: 99 WEEKS
- FROM JUNE TO AUGUST: 79 WEEKS
- FROM SEPTEMBER TO DECEMBER: 99 WEEKS
Initial Claims (by State)
Unemployed individuals are welcome to check the news update section for the latest legislation revisions to all State benefit plans.