Showing posts sorted by relevance for query unemployment. Sort by date Show all posts
Showing posts sorted by relevance for query unemployment. Sort by date Show all posts

Saturday, July 18, 2020

Warnings: Dire consequences of economic downturn

https://wallstreetonparade.com/2020/07/warnings-grow-we-are-in-a-massive-economic-downturn/

 

Fed Governor Lael Brainerd warned of corporate debt failure. Long-term unemployment is rising and 4th-quarter unemployment is projected at 10.5%.

 

“Frederick Douglass, … said: ‘Where justice is denied, where poverty is enforced, where ignorance prevails, and where any one class is made to feel that society is an organized conspiracy to oppress, rob and degrade them, neither persons nor property will be safe.’”

 

William Spriggs, Chief Economist of AFL-CIO:

 

“’Rather than push workers into unemployment, other industrialized nations chose to subsidize the wages of workers and keep them connected to their employers…in most other countries, worker dismissals carry costs, and so unlike in the United States, policies to help with retention are received as very cost effective. New Zealand made greatest use of this type of program, covering about two-thirds of their workers, France over half their workforce were eligible, though only about a third actually were paid and Germany and Great Britain both covered about thirty percent of their workers. Through May, France, Italy and Germany remained with their unemployment rates in single digit levels….’”

Charlie Cooper

H: 410-578-8291

M: 410-624-6095

Get Money Out – Maryland (GMOM)

 “We may have democracy, or we may have wealth concentrated in the hands of a few, but we can’t have both.” – Louis Brandeis

 

 

Saturday, July 4, 2020

Fraudulent claims slow unemployment aid to truly needy

https://www.nytimes.com/2020/07/02/your-money/coronavirus-unemployment-fraud.html?searchResultPosition=2

 

Past data breaches have facilitated many fraudulent unemployment claims. This identity theft has halted aid to many truly needy U.S. workers.

 

Charlie Cooper

Wednesday, May 20, 2020

Unemployment system bottlenecks

https://getmoneyoutmd.blogspot.com/search?q=unemployment

 

The author goes through case examples and wonders how a movement could be built to update unemployment policies in the states and also their antiquated processing mechanisms.

 

Charlie Cooper

 

Sunday, May 31, 2020

Detailed analysis of unemployment claims and logjams

https://wolfstreet.com/2020/05/28/week-10-of-the-u-s-labor-market-collapse-still-getting-worse-at-gut-wrenching-pace-but-signs-of-bottom-appear/

 

There are still well over a dozen states – including the big one, Florida – that have not yet started processing PUA claims [i.e. the special program from gig workers who are not normally eligible for state-based unemployment insurance].”

 

Charlie Cooper

 

 

Tuesday, August 4, 2020

The labor market in U.S. is terrible and federal government agencies contradict each other

https://wolfstreet.com/2020/08/03/the-census-bureaus-grim-take-on-the-pandemic-employment-shock-not-improving-yet/

“There is a huge difference between the 30.2 million people on unemployment insurance rolls, as per the Labor Department’s weekly tally of unemployment claims, and the assertion that only 17.8 million people are unemployed, as per the Bureau of Labor Statistics.”

 

 

Charlie Cooper

 

 

Tuesday, August 4, 2020

Study finds $600 weekly unemployment insurance hike did not reduce employment

https://news.yale.edu/2020/07/27/yale-study-finds-expanded-jobless-benefits-did-not-reduce-employment

 

“workers receiving larger increases in unemployment benefits experienced very similar gains in employment by early May relative to workers with less-generous benefit increases. People with more generously expanded benefits also resumed working at a similar or slightly quicker rate than others did….”

 

Charlie Cooper

Thursday, May 21, 2020

Rick Scott said to be tone deaf on unemployment

https://www.tallahassee.com/story/opinion/2020/04/29/rick-scott-hits-sour-note-jobless-benefits-bill-cotterell/3046358001/

 

As Governor, Rick Scott oversaw “installation of a $77 million [unemployment] processing system that might have been conceived in a Roadrunner cartoon.”

 

Charlie Cooper

 

 

Thursday, May 28, 2020

Debate on how best to support workers' incomes


In Corruption Busters, we have criticized the use of unemployment insurance and favored maintaining employer-employee relationships. This article features dueling approaches. One by Rep. Jayapal who wants to maintain employer-employee relationships (requiring them to keep paying workers) and another that argues that the $600 weekly bonus in the expanded unemployment (PUA/PUC) in the CARES Act stenghthens the bargaining power of low-wage workers, thus correcting a major injustice and imbalance in U.S. labor markets.

Monday, May 4, 2020

Unemployment compensation not being delivered to workers

https://prospect.org/coronavirus/unsanitized-may-day-brings-rent-strikes-worker-walkouts/

 

 

Charlie Cooper

H: 410-578-8291

M: 410-624-6095

Get Money Out – Maryland (GMOM)

 "We may have democracy, or we may have wealth concentrated in the hands of a few, but we can't have both." – Louis Brandeis