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Unemployment Insurance in the Wake of the Recent Recession
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Year: 2012 Publisher: Washington, D.C. : Congress of the United States, Congressional Budget Office,

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The unemployment insurance (UI) system is a partnership between the federal government and state governments that provides a temporary weekly benefit to qualified workers who lose their job and are seeking work. The amount of that benefit is based in part on a worker's past earnings. The Congressional Budget Office (CBO) estimates that UI benefits totaled $94 billion in fiscal year 2012 (when the unemployment rate was 8.3 percent, on average), a substantial increase over the $33 billion paid out in fiscal year 2007 (when the unemployment rate was 4.5 percent, on average).The periods for which eligible workers can receive UI benefits have been repeatedly extended during the recent recession and its aftermath. Regular UI benefits generally last up to 26 weeks (see Summary Table 1). Additional weeks of benefits have been provided through the creation of the temporary Emergency Unemployment Compensation (EUC) program in 2008 and through modifications to the extended benefits (EB) program. The EUC program currently provides up to 47 weeks of additional benefits (depending on a state's unemployment rate) after regular UI benefits have been exhausted. The EB program provides up to 20 weeks of benefits to certain eligible workers who have exhausted their EUC benefits (temporary changes in law have made it easier for states to qualify to provide extended benefits and have made the funding for the EB program entirely federal). The benefits the three programs provide-at a total cost over the past five years of roughly $520 billion-have allowed households to better maintain their consumption while household members are unemployed. Under current law, the temporary benefits that have been provided in recent years are set to expire at the end of December 2012.


Book
Unemployment Insurance in the Wake of the Recent Recession
Authors: ---
Year: 2012 Publisher: Washington, D.C. : Congress of the United States, Congressional Budget Office,

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Abstract

The unemployment insurance (UI) system is a partnership between the federal government and state governments that provides a temporary weekly benefit to qualified workers who lose their job and are seeking work. The amount of that benefit is based in part on a worker's past earnings. The Congressional Budget Office (CBO) estimates that UI benefits totaled $94 billion in fiscal year 2012 (when the unemployment rate was 8.3 percent, on average), a substantial increase over the $33 billion paid out in fiscal year 2007 (when the unemployment rate was 4.5 percent, on average).The periods for which eligible workers can receive UI benefits have been repeatedly extended during the recent recession and its aftermath. Regular UI benefits generally last up to 26 weeks (see Summary Table 1). Additional weeks of benefits have been provided through the creation of the temporary Emergency Unemployment Compensation (EUC) program in 2008 and through modifications to the extended benefits (EB) program. The EUC program currently provides up to 47 weeks of additional benefits (depending on a state's unemployment rate) after regular UI benefits have been exhausted. The EB program provides up to 20 weeks of benefits to certain eligible workers who have exhausted their EUC benefits (temporary changes in law have made it easier for states to qualify to provide extended benefits and have made the funding for the EB program entirely federal). The benefits the three programs provide-at a total cost over the past five years of roughly $520 billion-have allowed households to better maintain their consumption while household members are unemployed. Under current law, the temporary benefits that have been provided in recent years are set to expire at the end of December 2012.


Book
Unemployment : trends, variables, and assistance
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ISBN: 1619426501 Year: 2012 Publisher: New York : Nova Publishers,

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Jugendarbeitslosigkeit in der Bundesrepublik : Entwicklung und Auseinandersetzung während der 1970er und 1980er Jahre
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ISBN: 348670947X 3486718452 Year: 2012 Publisher: De Gruyter

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Nach einer langen Phase weitgehender Vollbeschäftigung setzte Mitte der 1970er Jahre in der Bundesrepublik wie in vielen anderen westlichen Staaten eine unerwartete Massenarbeitslosigkeit ein. Besonderes Aufsehen in Politik und Öffentlichkeit erregte die damit verbundene Jugendarbeitslosigkeit. Die ungewohnten Krisenerscheinungen des Arbeitsmarktes für Jugendliche, die im internationalen Vergleich freilich auf relativ moderatem Niveau blieben, wurden nach und nach zu einem Dauerzustand. Thomas Raithel untersucht erstmals aus zeithistorischer Perspektive die Entwicklung der bundesdeutschen Jugendarbeitslosigkeit während der 1970er und 1980er Jahre und analysiert ihre Wahrnehmung und Bekämpfung.

Keywords

Youth --- Unemployment --- Employment


Book
Unemployment insurance : economic circumstances of individuals who exhausted benefits : report to the Chairman, Committee on Finance, U.S. Senate.
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Year: 2012 Publisher: [Washington, D.C.] : U.S. Govt. Accountability Office,

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Unemployment : issues, trends and perspectives
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ISBN: 1620811812 Year: 2012 Publisher: Hauppauge, N.Y. : Nova Science Publishers,

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Labor markets : dynamics, trends and economic impact
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ISBN: 1614708320 Year: 2012 Publisher: Hauppauge, N.Y. : Nova Science Publishers,

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Unemployment insurance : economic circumstances of individuals who exhausted benefits : report to the Chairman, Committee on Finance, U.S. Senate.
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Year: 2012 Publisher: [Washington, D.C.] : U.S. Govt. Accountability Office,

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Tendances mondiales de l'emploi 2012 : prévenir une aggravation de la crise de l'emploi
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ISBN: 9789222249244 Year: 2012 Publisher: Genève Bureau international du Travail

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Tendencias mundiales del empleo 2012 : Prevenir una crisis mayor del empleo.
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ISBN: 9223249252 Year: 2012 Publisher: Ginebra : Oficina Internacional del Trabajo,

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En los informes anuales 'Tendencias Mundiales del Empleo' se proporcionan las estimaciones mundiales y regionales más recientes sobre el empleo y el desempleo, la distribución sectorial del empleo, el empleo vulnerable, la productividad de la mano de obra y los pobres que trabajan, al tiempo que se analizan cuestiones y tendencias del mercado de trabajo en el ámbito de los países.

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