This blog is a place for journalists to discuss their experiences covering poverty. It works in tandem with onpoverty.org, a site run by Washington and Lee University's American Poverty Journalism Center.
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Economists Caution Long, Slow Road to Recovery
Some 80 percent of economists agree that the latest recession, America’s worst since the 1930s, is over. However, because of tremendous federal debt and fear of unemployment, recovery is expected to be slow; the jobless rate, currently 9.8 percent, is forecast to rise to over 10 percent before falling, and cautious industries are continuing to cut jobs nationwide.
Original story
Labels: jobless, recession, unemployment
National jobless claims down 33,000
The Labor Department reports that claims filed for state unemployment benefits have dropped 33,000 to a seasonally adjusted 521,000 in the week ended Oct. 3. Economists say that the fall in jobless claims may mean that employers are more willing to hire, or it could mean that more people were exhausting their benefits and moving into the extended federal benefits program.
Original story
Labels: jobless, jobless claims, Labor Department
Colorado jobless rate less dire, but outlook grim
One year after the nation’s economy plunged into recession, job prospects continue to look bleak. This is true in Colorado, where the unemployment rate of 7.3 percent is better than the national rate of 9.7 percent, but where food pantries reported 25 percent more traffic this summer than last. With the House’s proposed bill to extend unemployment benefits only available to states holding an unemployment rate of at least 8.5%, Colorado expects no relief in the near future.
Original story
Labels: Colorado, food pantries, jobless, recession, unemployment
Unemployment fund shortfalls in Vermont may lead to higher employer taxes
Decreases in Vermont’s unemployment fund may prompt large tax increases on employers and a squeeze on benefits for those who lose their jobs. A proposal now before the state legislature would require employers to pay another $40 million in taxes a year for the next two years, while cutting the benefit paid to jobless workers. The state’s unemployment insurance fund may be failing by the end of the year and may have to borrow $35 million in 2010 to remain solvent.
Original story
Labels: jobless, taxes, unemployment, vermont
Federal funding cuts force D.C. area jobless to wait for benefits
Thousands of people in the Washington, D.C., area and across the country are waiting longer for unemployment benefits because of staff reductions brought about by reduced federal funding. As a result D.C., Maryland and Virginia are failing to meet federal guidelines that require timely processing of unemployment claims, appeals and benefit payments. The U.S. Bureau of Labor Statistics released figures showing that the situation will only get worse with rising unemployment.
Original story
Labels: jobless, new unemployment claims, U.S. Bureau of Labor Statistics, unemployment, Washingon D.C.
Unemployment claims and benefits reach new heights
The weakening economy and Hurricanes Ike and Gustav brought applications for unemployment benefits to a seven-year at the end of September, according to the Labor Department. Weekly jobless claims have now topped 400,000 for 11 straight weeks, which economists consider a sign of recession. The number of people receiving jobless benefits is at a five-year high. Original story
Labels: economy, hurricane gustav, hurricane ike, jobless, unemployment
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