"With today’s jobs report, marking the fourth anniversary of the start of the private-sector jobs recovery (see chart), the pace of overall job creation (private plus government jobs) over that period has now averaged just 168,000 a month — well below the 200,000 to 300,000 jobs a month that a robust jobs recovery would have generated. As a result, payroll employment has not yet topped its December 2007 pre-recession peak, and unemployment remains too high — especially among the long-term unemployed, whose numbers swelled by 203,000 in February. With the job market still so far from full strength, lawmakers should act quickly to restore retroactively emergency federal jobless benefits, which they allowed to expire in December."
- Key Things to Know About Unemployment Insurance
- Policy Basics: How Many Weeks of Unemployment Compensation Are Available?
- Policy Basics: Unemployment Insurance
Congress allowed Emergency Unemployment Compensation (EUC) to expire at the end of last year. We estimate that about 1 in 10 of EUC recipients were veterans. That means about 130,000 veterans were cut off when the program expired December 28 and roughly 7,000 more each week are exhausting their regular benefits and not receiving EUC. That's a total of nearly 200,000 veterans by March 1.
Congress should act quickly to reauthorize EUC retroactively. That would restore benefits to those 200,000 and keep the total number of vets — and other long-term unemployed workers — denied emergency jobless benefits from continuing to grow.
With December's expiration of emergency federal jobless benefits, only regular state unemployment insurance (UI) benefits are available to qualifying workers who lose their jobs through no fault of their own. As a result, the maximum number of weeks of benefits fell to 26 in most states (seven states provide fewer weeks and two provide more). State-by-state numbers of workers losing benefits
March 7, 2014
March 7, 2014
Updated March 7, 2014
March 5, 2014
March 4, 2014
- View All By Date
The federal-state unemployment insurance (UI) system helps people who have lost their jobs by temporarily replacing part of their wages. Created in 1935, UI is a form of social insurance, with contributions being paid into the system on behalf of working people so that they have income support if they lose their jobs. UI also helps sustain consumer demand during economic downturns, by providing a continuing stream of dollars for families to spend.
The UI system includes an extended benefits program, which provides additional weeks of benefits to jobless workers in states where the unemployment situation has worsened dramatically. In addition, during and just after recessions, the federal government has historically provided funding for additional weeks of benefits in all states.