Archive for the ‘Unemployment’ Category

New Resource: “Unemployment Insurance Basics” Now Complete

The “Unemployment Insurance Basics” page is now complete. Its link will remain in the Resources section up top, plus in the Pages section to the right.

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Why Washington Doesn’t Act to Create Jobs

New York Times columnist Paul Krugman writes this week, in “Rule by Rentiers,” that all the hoopla in Washington about the U.S. debt is a smokescreen for policies favoring the usual suspects: bankers and their wealthy bondholders. Krugman calls their Washington representatives the Pain Caucus. Those policies amount to Cuts, Cuts, and More Cuts, and [...]

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Here Comes the “D” Word Again: Depression

Not since the Collapse of 2008 has the “D” word – Depression – been used this much in the media. The bank bailout and credit bailout and the stimulus money all served to bring us back from the dead, and by mid-2009 the “D” word had all but disappeared, replaced by the Great Recession. But [...]

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What’s Wrong – or Right – with This Picture?

Today I stumbled across UC Berkeley economist Brad DeLong’s blog, which had this chart in the header, but too small to read. So I clicked to see a larger version – the version you see here. It came from the Federal Reserve Bank of St. Louis. It shows the ratio of civilian (not military) employment [...]

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Coming Soon: A Primer on Unemployment Insurance

I am working on a new Resources page covering the basic rules of Unemployment Insurance, which I hope will help you know what to expect and avoid some of the pitfalls of the program. Although the program is legislated by Congress, it is administered by the states, and each state handles it a little differently. [...]

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The “99 Club”: 1 Million and Counting

Many thanks to statistics geek and retired guy Arsen Darnay for digging up this gem from a U.S. Bureau of Labor Statistics (BLS) commissioner’s presentation in January 2011. It shows what’s hard to find anywhere else: an estimate of how many people have been unemployed for 99 weeks or longer. The significance of “99 weeks” [...]

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New Section: Your Stories

The new Your Stories section features exactly that: your stories, submitted to New Hard Times via the new Tell Your Story form. The first story comes from Arlington Heights, Illinois, from a communications specialst who has “tried everything” to find a job. She survives – barely – with a part-time retail job and a few [...]

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Time Magazine’s Recession Stories

Time Magazine has a special report online called Out of Work in America, which profiles 16 jobless workers and how they’re coping with the prospect of long-term unemployment. Emily McMillan (left) has been out of work since August 2010 and is now pregnant. Luckily, her husband still has a good job, but his income alone [...]

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“Mancession” Is Hardest on Black Men

Despite what Newsweek and Daily Beast say, the “Mancession” has hurt black men, not white men, the most. According to MSNBC, at 17 percent, unemployment for black men is double that of white men, and double what it was three years ago.

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Adding Insult to Injury

I’ve seen headlines from one state at a time, but this USA Today story documents that states are beginning to cut back on the length of time people can receive unemployment, both in the short term and the long term. Is this what we elected our representatives to do?

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