Are Unemployment Benefits encouraging people not to work?

New applications for unemployment insurance reached the half-million mark last week for the first time since November, a sign that employers are likely cutting jobs again as the economy slows. It makes one wonder how many are enjoying their extra unemployment benefits instead of looking for work.
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Signs of a faltering recovery August 20, 2010 at 6:44 AM By Christopher S. Rugaber Associated Press WASHINGTON - Employers appear to be laying off workers again as the economic recovery weakens. The number of people applying for unemployment benefits reached the half-million mark last week for the first time since November. It was the third straight week that first-time jobless claims rose, and the news Thursday helped drag stocks down for the day. The jobless-claims numbers suggest the private sector may report a net loss of jobs in August for the first time this year. Initial claims rose 12,000... Unemployment rate continues to increase; Is jobless recovery on the horizon? August 19, 2010 at 6:27 PM The U.S. Department of Labor released a August 19 report, stating that initial claims for jobless benefits rose by 12,000 last week to 500,000, which is fourth increase since the week of July 29. Following the four-week average, jobless figures have increased from 8,000 to 482,500, making last weeks claims, the highest average since December 2009. Is the U.S. Economy Creating Jobs, At All? The rapid increase in unemployment claims, suggest the economy is creating fewer jobs than in the first half of this year. More than a 100,000 jobs a month are needed just to keep up with the growth of the working-age population, even without reducing the millions of Americans who are already unemployed.... Sen. Schumer will support Americans Want to Work Act, US trains 3000 offshore workers August 19, 2010 at 5:10 PM Let me again apologize for the poorly designed and implemented Examiner "upgrade". This upgrade process has been taxing on both writers and readers and it is the main reason why I have not published as frequently. I plan to write more regularly starting next week. I will also be moving content of my posts to http://layofflist.org, which offers a more robust platform for videos and graphics. Thank you for your patience. Update: There's been some news of late about where legislation for 99ers – benefit exhaustees- currently stands. Since Chuck Sen. Schumer (D-NY) has spoken repeatedly about the need to help benefit exhaustees, I felt it important to get information directly from his office. I... Sen. Schumer may introduce 99er, Tier 5 unemployment legislation, US trains 3000 offshore workers August 19, 2010 at 3:16 PM Let me again apologize for the poorly designed and implemented Examiner "upgrade". This upgrade process has been taxing on both writers and readers and it is the main reason why I have not published as frequently. I plan to write more regularly starting next week. I will also be moving content of my posts to http://layofflist.org, which offers a more robust platform for videos and graphics. Thank you for your patience. Sen. Schumer may introduce 99er, Tier 5 unemployment legislation once Senate returns from recess There's been some news of late about where legislation for 99ers – benefit exhaustees- currently stands. Since Chuck Sen. Schumer (D-NY) has spoken repeatedly about the need to... Initial requests for jobless benefits jump to 500,000, highest level since November August 19, 2010 at 10:50 AM — Employers appear to be laying off workers again as applications for unemployment insurance reached the half-million mark last week for the first time since November. Initial claims for jobless benefits rose by 12,000 last week to 500,000, the Labor Department said Thursday. It was the fourth increase in the past five weeks and evidence that the economic recovery has weakened. Homebuilders and other construction firms are laying off more workers as the housing sector slumps after the expiration of a popular homebuyers' tax credit. State and local governments are also cutting jobs to close large budget gaps.... New Unemployment Claims SURGE, Hit Highest Level Since November 2009 August 19, 2010 at 10:25 AM WASHINGTON (AP) -- New applications for unemployment insurance reached the half-million mark last week for the first time since November, a sign that employers are likely cutting jobs again as the economy slows. The Labor Department said Thursday that initial claims for jobless benefits rose by 12,000 last week to 500,000, the fourth increase in the past five weeks. Wall Street economists forecast that claims would drop. The four-week average, a less volatile measure, rose by 8,000 to 482,500, the highest since December. There... This email was sent to dyna999399.task999@blogger.com. Delivered by Feed My Inbox 230 Franklin Road Suite 814 Franklin, TN 37064 Account Login Unsubscribe Here