Why jobless claims may not be as good




















Create a personalised content profile. Measure ad performance. Select basic ads. Create a personalised ads profile. Select personalised ads. Apply market research to generate audience insights. Measure content performance. Develop and improve products. List of Partners vendors. Jobless claims are a statistic reported weekly by the U.

Department of Labor that counts people filing to receive unemployment insurance benefits. There are two categories of jobless claims—initial, which comprises people filing for the first time, and continuing, which consists of unemployed people who have already been receiving unemployment benefits.

Jobless claims are an important leading indicator on the state of the employment situation and the health of the economy. More than 28 million Americans filed for unemployment from mid-March to April 30, according to the U. Labor Department. The nation's jobless claims are an extremely important indicator for a macroeconomic analysis. The monthly Bureau of Labor Statistics ' Employment Report tracks how many new people have filed for unemployment benefits in the previous week. It is a good gauge of the U.

For instance, when more people file for unemployment benefits, it generally means fewer people have jobs, and vice versa. This program, created by the CARES Act financial relief law enacted in March, gave workers an extra 13 weeks of benefits on top of the traditional six months that states typically offer. The typical worker laid off in March would have started shifting onto this program in September and even earlier in some states. Workers must apply for these extra benefits, however, according to Andrew Stettner, a senior fellow at the Century Foundation and an unemployment expert.

There are many workers who have run out of their allotted state unemployment insurance but are experiencing delays of as long as a month to collect PEUC, he said. Florida, for example, doesn't report its numbers for this program to the Labor Department. But the state has reported elsewhere that about , people have received PEUC benefits in Florida during the pandemic, Stettner said.

A similar program, Extended Benefits, generally offers an additional 13 to 20 weeks of benefits in states with high unemployment. Those ranks swelled by about 90, people, to ,, in the week ended Oct. Other workers likely dropped out of the labor force altogether, further reducing the number of benefit recipients. For example, in normal times, workers must actively be seeking a job in order to be eligible for unemployment benefits.

Many states suspended those requirements due to the pandemic. About , people filed initial jobless claims in the week ending November 6, down 4, from the previous week and the lowest level since March 14, , according to the weekly data released Wednesday. Despite the decline, the figures failed to meet economist expectations calling for about , new claims last week, according to Bloomberg data.

Continuing claims, a measure of the total number of individuals receiving benefits through all programs, also hit a post-Covid low, falling , from the previous week to about 2. In the comparable week last year, there were a staggering Examples of willful misconduct include: Intentional violation of company policies or rules. These are standards that any workplace would require but may not be explicitly stated in company rules, such as: Sleeping on the job.

Being intoxicated or testing positive for illegal substances. Lying or falsifying information. Using abusive or offensive language. Step 4: Gather Evidence If the employer has determined that the employee does not have a right to unemployment based on its understanding of the facts surrounding the claim, the next step is to gather the evidence necessary to make its case to the unemployment commission. The employer should gather all written evidence pertaining to the facts of the case such as the following: Attendance records.

A resignation letter. A letter from the employee requesting a reduction in work hours. Some tips for participation include: Prepare. Step 6: Receive the Determination After the hearing is complete, the unemployment officer will usually tell the parties when they should expect to receive a determination in the case.

Sample Scenarios to Assist with Determining Participation in Claim Hearings These scenarios may assist employers in determining whether there is good cause tocontest a claim; however, only the unemployment commission can make a determination regarding benefit awards, and the commission may disagree with an employer's opinion regarding unemployment eligibility.

Determination In this scenario, John has lost work through no fault of his own. Determination In this scenario, Sally has willfully left her employment with ABC Company, and ABC Company should participate in the fact-finding hearing and explain to the unemployment commission that Sally would still be employed with ABC Company had she not voluntarily resigned from her position.

Example 4 Scenario Bob is currently going through a divorce and now has child care issues that he did not experience previously. Determination Bob has willfully reduced his hours; therefore, he would not be eligible for unemployment compensation. Example 5 Scenario ABC Company is experiencing a slowdown in sales and would like to temporarily reduce the hours of the sales team from full time to part time. Determination Because the sales team has lost hours and wages through no fault of its own, team members may be eligible for partial or supplemental unemployment income.

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