New unemployment claims barely improve
It marked the 12th straight week initial claims have stayed above the 400,000 mark -- and was worse than the 420,000 claims economists surveyed by Briefing.com had expected.
"Another week, another disappointing U.S. initial claims report," Jennifer Lee, senior economist with BMO Capital Markets said in a note to investors.
Lee pointed out that claims have been hovering at a level that offers little confidence that the job market's recovery picked up substantially in June. Slower auto manufacturing following Japan's earthquake could still be taking its toll, she said, and will hopefully let up later this summer.
The four-week moving average of initial claims, calculated to smooth out volatility, increased to 426,750, up 500 claims from the week before.
Fewer jobs for unemployed workersContinuing claims -- which include people filing for the second week of benefits or more -- fell to 3,702,000 in the week ended June 18 -- also falling short of economists' forecasts for 3,700,000 ongoing claims.
California, New Jersey and Florida saw claims rise the most in the week ending June 18, the most recent data available.
Meanwhile, Ohio saw the biggest drop in unemployment claims, with 2,769 fewer people filing claims in that state. Illinois and New York followed, each with drops of 2,000 or more.
The Labor Department will release its closely watched monthly jobs report next Friday, detailing how many jobs the U.S. economy created in June.
May's report showed the economy added a disappointing 54,000 jobs that month -- far too low to bring down the unemployment rate.
Filing For Unemployment In California - News
Considering California's sky-high unemployment rate, that's not so surprising. --If you're a Verizon wireless customer, get ready for some new rate plans with monthly usage caps. Verizon hasn't said what its plans will look like.
Redevelopment agencies are one of the few vehicles promoting construction and jobs at a time when California is still reeling from the effects of the recession, said California Redevelopment Association Executive Director John Shirey. Unemployment
California, New Jersey and Florida saw claims rise the most in the week ending June 18, the most recent data available. Meanwhile, Ohio saw the biggest drop in unemployment claims, with 2769 fewer people filing claims in that state.
The Dodgers file for bankruptcy. North Dakota is booming. Virginia is the top state for business. A couple of Reuters bloggers say that most state governments are well equipped to create policies conducive to growth. Philadelphia's mayor says no to a
Employees who are unemployed because of a disaster or emergency may be eligible for state unemployment insurance benefits. When filing an unemployment benefits claim, employees must inform the California Employment Development Department that they are
Extended Unemployment Benefits Are Ending | File For Unemployment
If you get laid off any time after July 1st 2011, you should expect to ONLY receive the standard 26 weeks of unemployment benefits that your state provides. Ever since 2008 there has been up to 73 additional weeks given by the federal government but that will expire at the beginning of 2012. Therefore, anyone who is going to file for unemployment from this point on will not get any additional weeks.
The only way this could change is if Congress decides to extend them again but that is unlikely due to the great financial debt crises this country faces. Many politicians feel that there is no money left to fund any Federal unemployment programs from this point forward.
Unemployment insurance benefit extensions have been counted on by many people since 2008 but there is a lot of controversy about them. Democrats and Republicans differ in their desire to keep going and there is a lot of research that shows that people abuse them. Denmark is one country that is reducing the time they give unemployment aid based on research that shows that the a large number of people only start genuinely looking for a job when their benefits are nearing the end.
Whether people abuse unemployment insurance or not, the fact remains that extended benefits are going to be ending here in America starting in January 2012. This should give people who are laid off now more incentive to start putting all their energy into finding a new job rather than sitting around and doing nothing. From today going forward, you can’t count on these extended benefits anymore.
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California Employment Development Department
State agency offering a variety of services under the Job Service, Unemployment Insurance and Disability Insurance programs.
https://eapply4ui.edd.ca.gov/
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Overview - Unemployment Insurance ... and enhanced many of our services, such as filing for UI online, submitting continued claims forms online and over the phone, and ...
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How to File for Unemployment in California
... failed economy in California, use the information provided here to understand how to file for unemployment. Follow these steps in order to file necessary ...