New data from the New York City Economic Development Corporation shows that the city’s Black unemployment rate has dropped to 7.9 percent. Overall unemployment has dropped to 4.9 percent and Hispanic unemployment is at 6.7 percent.
States have devoted billions of dollars to replenishing their unemployment trust funds, but many are still short. Fewer states are now prepared for a recession than before the pandemic.
The state Employment Department’s new computer system, Frances Online, will replace the one that had been in place since the 1990s. But old technology is not the only thing the department needs to fix.
The nation grew at a 5.2 percent annual rate in the third quarter of this year, but several factors indicate that a number of states are not seeing the same trends. The preliminary unemployment rate rose in 38 states.
Despite job gains moving at their slowest pace since 2011 and extreme stress in commercial real estate, Colorado managed to stave off a recession this year. Many are wondering whether it can keep an economic downturn at bay again next year.
The state has dropped more than 130,000 of its 500,000 Medicaid beneficiaries since April and about 30 percent of those disenrolled were left uninsured, which could be a bad sign for the rest of the nation.
The measure would grant unemployment benefits to striking workers by amending existing state law. Republicans oppose the measure, making the bill’s future in the GOP-controlled Senate uncertain.
If approved, the new program would offer small, no-interest loans to civilian federal employees who work in Maryland but are not otherwise eligible for unemployment insurance payments.
The deadly wildfires in August forced up the island’s unemployment by four percentage points to 8.4 percent in September. For the week ending Oct. 14, claims were up 217 percent from the same week a year prior.
A report found that 63,000 residents aged 14 to 26 have either failed to graduate high school or have graduated but are not currently employed or enrolled in further education. An additional 56,000 are at risk of not graduating high school.
Two months after wildfires tore across the Hawaiian island, it remains unclear whether survivors will receive unemployment payments if they’re too traumatized to work. The August wildfires killed 98 people and destroyed 2,200 structures.
The state’s jobless rate is at 3.6 percent, which is lower than the national rate, but there are 90,000 unfilled jobs across several industries. The state is attempting to attract workers with education and job training.
The California governor vetoed a labor bill that would have made workers eligible for unemployment payments after two weeks on strike. Newsom said the bill would put more strain on the already stressed system.
The state Assembly voted 53-14 to give employees on strike access to state unemployment insurance benefits, despite concerns about an indebted and poorly structured fund. The Senate will consider the bill next.
The state’s Labor and Employment Department moved its fraud detection tools to the “highest possible level” in the spring to prevent further fraud. However, the effort has caused significant slowdowns for legitimate claims.
The national share of employed women in their prime working age hit 75.3 percent in June, the highest recorded rate since the U.S. Census Bureau began reporting numbers in 1948.
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