Unemployment Archive
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Zandi Analyses Show "Democratic" Measures in Tax Cut-UI Deal Boost Economy, "Republican" Measures Add to Deficit Risks
December 22, 2010
As a result of the tax cut-unemployment insurance legislation that President Obama signed into law last week, economic forecasters have substantially upgraded their outlook for 2011 (see the box on page 2). An analysis of the compromise by Mark Zandi, the chief economist for Moody’s Analytics, indicates that this greater optimism stems … -
Podcast: Rising Need, Falling Funding for TANF Program
December 21, 2010
Director of the Center’s Welfare Reform and Income Support Division, Dr. LaDonna Pavetti, talks about cuts to the safety net despite the rising need among our most vulnerable citizens.
Duration: 4:43
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Federal TANF Funding Shrinking While Need Remains High
December 15, 2010
With unemployment high and millions of families in need, for the first time since 1996 when President Clinton and Congress created the Temporary Assistance for Needy Families (TANF) block grant as part of welfare reform, no additional TANF funds are available from the federal government to help states respond to the large … -
Podcast: The Recovery Act is Boosting the Economy
December 14, 2010
Michael Leachman, Assistant Director of the Center’s State Fiscal Project, discusses the latest information showing that the Recovery Act is creating jobs and boosting the economy.
Duration: 3:53
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Unpacking the Tax Cut-Unemployment Compromise
December 10, 2010
Last night, the Senate released legislative language for the tax cut-unemployment insurance compromise negotiated between President Obama and Congressional Republicans. The Joint Committee on Taxation (JCT) released an official cost estimate for the revenue portions of the bill shortly thereafter. These graphs illustrate the various components … -
Statement: Robert Greenstein, Executive Director, on the Tax Cut-Unemployment Insurance Deal
Updated December 8, 2010
The deal between President Obama and Republican leaders on tax cuts and unemployment insurance has two substantial positive aspects: its surprisingly strong protections for low- and middle-income working families and its stronger-than-expected boost for the economy and jobs. But it … -
Podcast: Housing Assistance at Risk for Struggling Families
December 7, 2010
Senior Policy Analyst Doug Rice discusses proposed funding cuts that could cause tens of thousands of low-income families to lose housing assistance during these tough economic times.
Duration: 3:20
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Statement: Chad Stone, Chief Economist, on the November Employment Report
December 3, 2010
Today’s disappointing employment report shows that the economy is continuing to create jobs, but job growth is far too slow to bring down the painfully high long-term unemployment rate (see chart). With such a high percentage of the unemployed unable to find a job within 26 weeks, … -
Podcast: The Impact of the Expiration of Federal Emergency Unemployment Benefits
November 30, 2010
Chad Stone, the Center’s Chief Economist, discusses the expiration of federal emergency unemployment benefits and what it means for millions of jobless workers and the economy.
Duration: 3:33
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New CBO Report Finds Up to 3.6 Million People Owe Their Jobs to the Recovery Act
Updated November 29, 2010
View the most recent version of this report: New CBO Report Finds Hundreds of Thousands of People Still Owe Their Jobs to the Recovery Act Updated May 29, 2012 A new Congressional Budget Office (CBO) report estimates that the American Recovery and Reinvestment Act (ARRA) increased the number of people employed by between 1.4 million and 3.6 … -
Podcast: Key Issues Facing Congress
November 16, 2010
Jim Horney, the Center’s director of Federal Fiscal Policy, discusses the key issues facing Congress during the lame duck session that began yesterday.
Duration: 4:45
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Emergency Unemployment Insurance Benefits Remain Critical for the Economy
November 10, 2010
Although the unemployment rate is stuck at more than 9½ percent, jobless workers will see unemployment insurance (UI) benefits slashed to pre-recession levels unless Congress acts before the end of this month. That would deliver a harsh blow to most of the 5 million workers now receiving federal emergency UI benefits … -
Media Briefing: A Priority for Lame Duck Congress: Extending Federal Emergency Unemployment Insurance
November 10, 2010
Robert Greenstein, Executive Director and Chad Stone, Chief Economist explains what it would mean if Congress fails to continue the emergency UI program, which provides additional weeks of federal benefits to unemployed workers who exhaust their 26 weeks of regular state benefits before they can find a job.
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Podcast: Emergency Unemployment Insurance Benefits Remain Critical
November 9, 2010
Chad Stone, the Center’s Chief Economist, discusses what’s at stake if Congress fails to renew the federal emergency unemployment benefits program that helps millions of laid off workers meet their families’ basic expenses at a time when jobs remain very hard to find. Duration: 3:48
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Statement: Chad Stone, Chief Economist, on the October Employment Report
November 5, 2010
Today’s employment report contains much better news on job creation than expected, but it does not change the underlying fact that the economic recovery remains weak and the economy needs a boost. For the tenth straight month, the private sector created jobs, but the pace of job creation … -
Podcast: Deep Poverty Reaches Record High Nationwide
October 12, 2010
Senior Researcher Arloc Sherman discusses “deep poverty,” and how it affects families.
Duration: 4:42
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Statement: Chad Stone, Chief Economist, on the September Employment Report
October 8, 2010
Today’s jobs report shows that the economy still faces a long and difficult climb out of the jobs hole created by the recent recession. The private sector has created, on average, fewer than 100,000 jobs a month this year — not enough to keep up with population growth and not nearly … -
Census Data Show Large Jump in Poverty and the Ranks of the Uninsured in 2009
September 17, 2010
Several points stand out from the data on income, poverty, and health insurance that the Census Bureau released on September 16: Poverty rose by a large amount in 2009, as 3.7 million more people fell into poverty. The number and percentage of Americans in poverty rose substantially, driven by deep job losses and record levels of … -
Media Briefing: Examining the New 2009 Census Data on Poverty, Income, and Health Insurance Coverage
September 16, 2010
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Statement: Robert Greenstein, Executive Director, on Census’ 2009 Poverty and Health Insurance Data
September 16, 2010
The Census Bureau data for 2009 reflect the severity of the recent recession, as poverty rose sharply and the number of uninsured spiked. The new figures somewhat overstate the rise in poverty, however, because they do not count the bulk of direct assistance that the 2009 Recovery Act provided to … -
Boehner Proposal Would Cut Non-Security Discretionary Programs 21 Percent, The Deepest Such Cut in Recent U.S. History
Revised September 15, 2010
House Minority Leader John Boehner on September 8 issued a proposal to cut funding for non-security discretionary programs and to extend all of the Bush tax cuts for two years. He portrayed the proposal as a bipartisan compromise. Closer examination shows, however, that this is a radical plan that reflects deeply conservative … -
To Avoid Looming Tax Increases for Employers and Likely Benefit Cuts for Unemployed Workers, Moratorium on State Interest Payments to Federal UI Trust Fund Needs to Be Extended
Updated September 13, 2010
To avoid tax increases for employers and benefit cuts for unemployed workers, which would damage the still-weak economic recovery, policymakers should extend a moratorium on the interest payments that state unemployment insurance (UI) trust funds must make to the federal government for the funds they borrow to pay … -
Press Release: Minnesota Subsidized Jobs Program Will Be Scaled Back if U.S. Senate Fails to Extend TANF Emergency Fund
Updated September 7, 2010
Clarification: We have updated this press release to reflect the fact that the subsidized jobs program originally placed five paid interns with Permac Industries. The press release originally stated that Permac Industries hired them as employees. Minnesota will have to scale back a subsidized transitional jobs program that it has expanded significantly during … -
Statement by Chad Stone, Chief Economist, on the August Employment Report
September 3, 2010
Today’s jobs report provided better news than expected about private-sector job creation, but the case for additional stimulus to boost a tepid economic recovery and revive the job market remains strong. The good news, as the chart below shows, is that the economy has now added private-sector jobs for eight straight months. The bad news is that adding … -
Press Release: Connecticut Will Be Unable to Expand Successful Jobs Programs if U.S. Senate Fails to Extend TANF Emergency Fund
September 2, 2010
A greatly expanded Connecticut subsidized employment program, which has provided jobs for over 6,000 low-income parents and youth, will never reach its full potential unless Congress this fall extends the federal program that funded it, according to a new report from the Center on Budget and Policy Priorities. The employment program uses federal dollars provided … -
Press Release: Ohio Counties Will Be Unable to Expand Successful Jobs Programs if U.S. Senate Fails to Extend TANF Emergency Fund
September 2, 2010
A new Ohio subsidized employment program, which has provided jobs for 1,500 parents in 44 Ohio counties and 8,000 youth in 69 counties, will never reach its full potential unless Congress this fall extends the federal program that funded it, according to a new report from the Center on Budget and Policy Priorities. The employment program uses federal dollars … -
Press Release: ‘Hire Colorado’ Jobs Program to End if U.S. Senate Fails to Extend TANF Emergency Fund
September 2, 2010
Hire Colorado, a new subsidized employment program that has provided jobs for 1,600 parents in counties across the state, will shut its doors on September 30 if Congress fails this month to extend the federal program that funded it, according to a new report from the Center on Budget and Policy Priorities. Most of the job placements for Hire Colorado are with … -
Press Release: South Carolina Will Be Unable to Continue Successful Jobs Program if U.S. Senate Fails to Extend TANF Emergency Fund
September 2, 2010
A new South Carolina subsidized employment program (known as the STEP program), which has provided jobs for 650 parents, will stop placing South Carolinians in jobs on September 30 unless Congress this fall extends the federal program that funded it, according to a new report from the Center on Budget and Policy Priorities. The STEP program uses federal dollars … -
Press Release: 12,000 Pennsylvania Jobs to Disappear on September 30 if U.S. Senate Fails to Extend TANF Emergency Fund
September 2, 2010
As many as 12,000 workers in Pennsylvania could lose their jobs this month if the Senate fails to extend federal funding that allowed the state to create Way to Work, a highly successful program that subsidizes private- and public-sector jobs for unemployed parents and youth, according to a new report from the Center on Budget and Policy Priorities. Way to Work … -
Press Release: 26,000 Illinois Jobs to Disappear on September 30 if U.S. Senate Fails to Extend TANF Emergency Fund
September 2, 2010
As many as 26,000 workers in Illinois could lose their jobs this month if the Senate fails to extend federal funding that allowed the state to create Put Illinois to Work, a highly successful program that subsidizes private- and public-sector jobs for unemployed parents and youth, according to a new report from the Center on Budget and Policy Priorities. Put … -
Walking Away From a Win-Win-Win
September 2, 2010
An emergency jobs program through which 37 states have provided subsidized jobs for nearly 250,000 otherwise unemployed parents and youth — helping families, businesses, and communities across America weather the recession — will end September 30 unless the Senate joins the House in voting to extend it. The TANF … -
Statement: Chad Stone, Chief Economist, on the July Employment Report
August 6, 2010
Today’s jobs report shows a labor market that is still not generating enough jobs to lower the unemployment rate. Unless job creation picks up dramatically, unemployment will likely remain elevated for some time to come, as it did in the previous two recessions, though at much higher rates this time (see chart). Creating fewer than … -
Podcast: The July Employment Report and What It Means for the Economy
August 6, 2010
The jobs report for July is discussed by Chief Economist, Chad Stone. Duration: 3:01
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July 30 Data Release Will Capture Only a Portion of the Jobs Created or Saved by the Recovery Act
July 29, 2010
On July 30, the Recovery Accountability and Transparency Board will post on its website, www.recovery.gov, data on jobs funded by the American Recovery and Reinvestment Act (ARRA). This data release will capture only a portion of the jobs created and saved by the Act, due to ARRA’s limited reporting requirements. According to the … -
Going, Going, Almost Gone: Job-Creating TANF Emergency Fund Set to Expire
July 26, 2010
The subsidized jobs programs that states have created through the TANF Emergency Fund are a bright spot in an economy that is producing new jobs at a very slow pace, but some of these programs have already stopped taking applications in anticipation of the fund’s September 30 expiration, and … -
Statement: Chad Stone, Chief Economist, as the Senate Nears Approval of Unemployment Insurance
July 20, 2010
The Senate’s move today toward extending the Recovery Act’s extra weeks of jobless benefits for the long-term unemployed will provide much-needed help to almost 3 million unemployed workers and a boost to the economy, since those workers will spend their benefits quickly … -
Statement: Chad Stone, Chief Economist, on the June Employment Report
July 2, 2010
The good news in today’s jobs report is that the private sector continued adding jobs in June — though, as expected, the economy lost jobs overall due to the scheduled reduction in temporary census jobs (see chart). The bad news is that private sector job creation must be much … -
Podcast: Unemployment Insurance
June 22, 2010
Unemployment Insurance, a critical program that helps workers who lose their jobs and strengthens the economy, is discussed by Chief Economist, Chad Stone.
Duration: 3:27
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Podcast: The Recovery Act is Working
June 8, 2010
The latest information showing that the Recovery Act is creating jobs and the need to extend more aid to states is discussed by Senior Policy Analyst, Michael Leachman.
Duration: 3:29
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Podcast: The May Employment Report and What It Means For the Economy
June 4, 2010
The jobs report for May is discussed by Chief Economist, Chad Stone. Duration: 2:33
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Statement: Chad Stone, Chief Economist, on the May Employment Report
June 4, 2010
Today’s jobs report shows a labor market that has turned the corner and is creating jobs but one with a long way to go toward a full recovery from the devastating job losses of 2008-09. The percentage of the population with a job is generally moving in the right direction but remains at a … -
New CBO Report Finds Recovery Act has Preserved or Created up to 2.8 Million Jobs
May 26, 2010
View the most recent version of this report: New CBO Report Finds Hundreds of Thousands of People Still Owe Their Jobs to the Recovery Act Updated May 29, 2012 A new Congressional Budget Office (CBO) report estimates that the American Recovery and Reinvestment Act (ARRA) had preserved or created between 1.2 million and 2.8 million jobs as … -
“YouCut” Vote Mischaracterizes TANF Emergency Fund
May 20, 2010
The description of the TANF Emergency Fund on the House Republicans’ “YouCut” website is fundamentally inaccurate, so the vote by respondents to eliminate the program is essentially meaningless. Despite what the website suggests, the Fund reflects the main tenets that federal … -
Budgetary Concerns Should Not Be An Obstacle to Passing the New Jobs Bill
Revised May 20, 2010
Congress is about to take up a jobs bill that will provide a needed boost to the economic recovery and help people still struggling to find work in a difficult labor market. Senate Finance Committee Chairman Max Baucus and House Ways and Means Committee Chairman Sander Levin today released a summary of … -
Podcast: The April Employment Report and What It Means for the Economy
May 7, 2010
The jobs report for April is discussed by Chief Economist, Chad Stone.
Duration: 3:23
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Statement: Chad Stone, Chief Economist, on the April Employment Report
May 7, 2010
Today’s jobs report contains much encouraging news, but it also reminds us that the economic recovery will have to gather more strength to bring down the unemployment rate. While the economy has been growing since the middle of last year and employers are beginning to add jobs, the … -
TANF Emergency Fund Extension Has Wide Support
May 3, 2010
With the TANF Emergency Fund slated to expire on September 30, public officials and private experts are calling for its extension as part of jobs legislation because it is an important tool to help put Americans back to work. These key individuals include: Mark Zandi, Chief Economist at Moody’s Analytics; Karen Lee, President … -
Failure to Renew Federal Benefits Changes the Map for State Unemployment Insurance Coverage
April 14, 2010
For updated data see: Policy Basics: How Many Weeks of Unemployment Compensation Are Available? Congress’s failure to extend the measures providing extra weeks of unemployment insurance (UI) and subsidized COBRA health insurance coverage for unemployed workers – which President Obama and Congress enacted in the 2009 American … -
Congress Should Act Quickly to Extend UI/COBRA Benefits Through the End of This Year
April 12, 2010
The long-term unemployment rate — the percentage of people in the work force who have been out of work for over half a year and are still looking for a job — reached an unprecedented 4.3 percent of the labor force in March (see the chart). Yet Congress has allowed the Recovery Act measures that provide additional weeks of … -
Podcast: The March Employment Report and What It Means for the Economy
April 2, 2010
The jobs report for March is discussed by Chief Economist, Chad Stone.
Duration: 2:36
