File Federal Unemployment Extension
Daily News Update
September 1, 2014 Update: Federal Unemployment Extension. Sales at U.S. fast food heavyweights like Burger King, Arby’s, Sonic, and Jack in the Box are suffering due to long-term unemployment. A larger percentage of unemployed workers are lower income, less skilled workers. These are the demographic that most fast food restaurants rely on. Less income at this level means less disposable income that can be spent on eating out. Young males typically work in manufacturing, retail and construction industries, which have been impacted harder, and make up the bulk of fast food sales in the 16-19 age groups. The long-term effects of this on the fast food industry could last for years. Arby’s has seen a 11.5 % drop in sales, with the Sonic, Burger King, and Jack in the Box showing slightly smaller drops in sales.
August 29, 2014 Update: According to the Labor Department, weekly claims for unemployment declined by 14,000 to 298,000. The four-week average, a less volatile measurement, increased to 300,750 from 296,000 over the preceding week. The total number of people receiving unemployment benefits declined by 49,000 to 2.5 million for the week ending August 9, 2014, the lowest level since mid-2007. Continue Reading
August 27, 2014 Update: Job seekers face many challenges when it comes to finding a full-time, permanent position within their preferred field. Some of these obstacles are prevalent across any industry, but there are a few unique challenges that are nearly exclusive to individuals in the skilled labor services workforce. Continue Reading
August 24, 2014 Update: According to the U.S. Department of Labor, unemployment increased in 30 states and declined in eight states during the month of July. Unemployment rates remained unchanged in 12 states. Mississippi had the highest unemployment rate, while North Dakota had the lowest unemployment rate in July. Nationally, unemployment increased to 6.2 percent.
August 20, 2014 Update: For the most part, job numbers have been positive over the last year, but a recent report indicates that there are still disadvantages for the long-term unemployed to face (these are individuals who have been out of work for more than 27 weeks). The report, titled Ready to Work: Job-Driven Training and American Opportunity indicates that job training initiatives and policies encouraging employers to consider these workers for new positions could have a measurable positive impact on the situation. However, some analysts suggest that the report does not go far enough in explaining how to engage these job seekers who often give up on looking for work altogether.
August 18, 2014 Update: Part time employees of a local New England grocery chain have been encouraged to apply for unemployment benefits. A number of the employees of Market Basket have walked off the job due to a recent change in ownership and state officials are saying they could potentially be eligible for benefits, while still acknowledging that payments will be made "on a case-by-case basis." Many of the workers may lose their jobs altogether if they do not return to work soon. Arthur T. Demoulas, the recently ousted CEO, is in talks to buy the company.
Unemployment News & Resources
August 26, 2014 Update: "Human Capital Dynamics and the U.S. Labor Market" report recently released by Federal Reserve Bank of Atlanta indicates that the unemployment extension had no positive impact on employment rate. Continue Reading
August 8, 2014 Update: The portion of Americans between the ages of 25 and 34 who were working in April fell to a five-month low of 75.5%.
Read More: Recent College Grads & Unemployment: How Many Graduates Can Actually Find Jobs? July 22, 2014 Update: Feds recently announced 6.1 percent unemployment rate, which is lowest since George W. Bush was president. But what is the true nature of the unemployment rate? A record 92.5 million people are out of the work force, the cost of gas and food are at all-time sustained highs as is the stock market, and the failure to extend federal unemployment insurance benefits has a downward effect on the unemployment rate, making it look better than it actually is. Also can look at where jobs have been created, which, for the most part, aren`t in high-paying sectors... (Continue reading) July 7, 2014 Update: Federal Funding Available for College Course. Pell Grants Give Up to $5,500 for Training. June 20, 2014 Update: Unemployment Offers Opportunities for New Jobs Training. May 27, 2014 Update: Unemployment Drops as Lawmakers Debate Benefits Extension. May 24, 2014 Update: Federal Lawmakers Continue Wrangling Over Unemployment Extension Latest news regarding the extension. For those who were not certifying for federal extension benefits due to going back to work, school or other situation but still had a remaining balance left on a federal extension claim, they have to reopen their claim if they are in need of extended benefits. The EDD recommends submitting a claims online to reopen their extension claims.
Employers added more jobs in July.
Reported in August of 2014, 209,000 new jobs were created in July. The unemployment rate slightly increased to 6.2%. Non-farm, seasonally adjusted employment grew to an all time high 139.0 million. Unfortunately, many of high paying manufacturing jobs have been replaced by lower paying service jobs. Also, the long-term unemployed (out of work for 26 weeks or longer) find it extremely challenging to return back to work, as employers perceive their skills as outdated. Millennials and women over 55 years old are the most impacted with the highest and longest unemployment rate across all gender and age groups.
Federal tiers are determined by the state`s unemployment rate where the unemployed individual chooses to file for benefits.
US employment is 113,000 jobs short of its highest figure in Jan 2008. Do you feel that the economy is back to normal? Share with us your opinion.
The Online Filing Directory
Benefit Extension: Your eligibility and the total amount of weeks for compensation are the major changes in the 2012 legislation bill. Congress has permitted States to administer drug testing for unemployed individuals seeking an extension of benefits if they were previously laid off due to the use of drugs.
In order to obtain the full 73 weeks of State compensation update, most states still require an active job search, as was the case in 2012.
State requirements of unemployment will vary, relying heavily on the seasonally adjusted unemployment rate.
Extension of Compensation
*Individuals who have collected all regular State benefits are those who can seek eligibility for the new unemployment bill, by starting with 13 weeks of federal extended benefits, referred to as extended Federal benefits or the "EB" Program. The EB Program is also relies on the state`s economic status to determine lengths & amounts.
After utilizing your Extended Benefits for 13 weeks, unemployed individuals can continue receiving benefits through the EUC (More on Emergency Unemployment Compensation). 2013 Extended benefit lengths are determined by which tier the individual falls into. The new Senate bill of December 2012 is comprised of 4 separate EUC tiers (each tier defines how long your extension will last).
Passing of the New Legislation Bill:
Federal Tiers Structure
(63 Weeks to 73 Weeks)
Details of the new enacted tiers, and a comprehensive benefit calculator is available to claimants. These changes were enacted on June 1, 2012 (prior to June, all tiers remained the same for claimants as was the case in 2011 for 99ers. It is important to note that in 2013, there is no tier 5 (99 weeks was reduced to 73 weeks). The 2013 legislation terms for the bill are as follows:
Extended Benefits For 73 Weeks
(UNTIL END OF 2013)
- Tier 1: 14 weeks
- Tier 2: 14 weeks
- Tier 3: 9 weeks
- Tier 4: 10 weeks (when your State is 9% or higher - if your State is losing extended benefits, then you are entitled to 16 weeks of unemployment insurance. Depending on the date you lost your job, you may qualify for a different tier structure.
(TO AUGUST OF 2012)
- Tier 1: 20 weeks
- Tier 2: 14 weeks IF state rate passes 6%.
- Tier 3: 13 weeks IF state rate passes 7%.
- Tier 4: Six weeks IF state rate passes 9%
(SEPTEMBER `12 - DECEMBER `13)
- Tier 1: 14 weeks
- Tier 2: 14 weeks IF state rate passes 6%.
- Tier 3: 9 weeks IF state rate passes 7%.
- Tier 4: 10 weeks IF state rate passes 9%
Maximum Amount of Weeks For Collecting (2012-2013)
Here is an overview of the maximum lengths this year:
- FROM MARCH TO MAY: 99 WEEKS
- FROM JUNE TO AUGUST: 79 WEEKS
- FROM SEPTEMBER TO DECEMBER: 99 WEEKS
Initial Claims (by State)
Unemployed individuals are welcome to check the news update section for the latest legislation revisions to all State benefit plans.