Tuesday, May 15, 2012

the chop to high UE states long term UI beneficiaries

"A state may offer additional weeks of UI benefits through EB if its unemployment rate reaches certain thresholds (13 weeks if at least 6.5 percent; 20 weeks if at least 8 percent), and if this rate is at least 10 percent higher than it was in any of the three prior years. But unemployment rates have remained so elevated for so long that most states no longer meet this latter criterion (referred to as the “three-year lookback”).
In short, benefits have ended not because economic conditions have improved, but because they have not significantly deteriorated in the past three years. For example, the unemployment rate in California, which is now the nation’s third highest, has remained above 10 percent for over three years. Nevertheless, more than 90,000 recipients lost their benefits yesterday."    hannah shaw



"....the map is quickly changing for the unemployed......"

".. beneficiaries will be eligible for even fewer once the first round
of EUC reductions takes effect at the end of the month."
HS