Unemployment Archive
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Congressional Impasse Jeopardizes January Jobless Benefits for Nearly Two Million Workers
December 22, 2011
Congress's failure to resolve differences over how to pay for renewing the payroll tax cut and federal emergency unemployment insurance (UI) benefits could mean an even colder January for jobless workers. States are already taking action to shut down the provision of federal benefits at the start of the new year, putting 1.8 … -
Key Things to Know About Unemployment Insurance
Updated December 20, 2011
In the heat of the battle over how to address the imminent expiration of federal emergency unemployment insurance (UI) benefits (and the payroll tax cut), policymakers should not lose sight of what UI is and how it has functioned over the years. UI not only cushions the financial blow for workers who lose their jobs through no fault of their … -
House Unemployment Insurance Proposal Would Harm Jobless Workers, Weaken Economy, and Undermine UI System
December 14, 2011
The House Republican bill (H.R. 3630) to extend the payroll tax cut and federal emergency unemployment insurance (UI) through next year would sharply curtail the number of weeks of UI benefits available to the long-term unemployed, even though jobs remain scarce and long-term unemployment remains at unprecedented levels. In addition, it would … -
Statement: Chad Stone, Chief Economist, on the November Employment Report
December 2, 2011
Today's employment report shows continued moderate growth in private payroll employment but a further decline in government jobs. Thus, the overall jobs deficit remains large (see chart) and jobs remain hard to find. The drop in the unemployment rate to 8.6 percent arises from people … -
New CBO Report Finds Up to 2.4 Million People Owe Their Jobs to the Recovery Act
Updated November 23, 2011
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 0.4 million and 2.4 million jobs … -
Testimony: Chad Stone, Chief Economist, at Hearing on “Could Tax Reform Boost Business Investment and Job Creation”
November 17, 2011
Chairman Casey, Vice Chairman Brady, and other members of the Committee, thank you for the opportunity to testify before this committee, which has been special to me since I first worked on the JEC staff in 1989. In my testimony, I want to make one overarching point about the question raised by the title of this hearing, … -
Balanced Budget Amendment Highly Ill-Advised for Addressing Long-Term Fiscal Problems
November 14, 2011
The balanced budget amendment to the U.S. Constitution that the House will consider this week would be a highly ill-advised way to address the nation's long-term fiscal problems. It would threaten significant economic harm while raising a host of problems for the operation of Social Security and other vital federal functions. The … -
The Composition of Past Deficit-Reduction Packages – And Lessons for the Next One
November 14, 2011
Revenue increases were a part of every major deficit-reduction package in the 1980s and 1990s until the Balanced Budget Act of 1997. In several cases — notably in 1982 and 1984 (where they offset a portion of President Reagan's large tax cuts of 1981) — they dominated the package. In several other cases … -
Poverty and Financial Distress Would Have Been Substantially Worse in 2010 Without Government Action, New Census Data Show
November 7, 2011
Six temporary federal initiatives enacted in 2009 and 2010 to bolster the economy by lifting consumers’ incomes and purchases kept nearly 7 million Americans out of poverty in 2010, under an alternative measure of poverty that takes into account the impact of government benefit programs and taxes. These initiatives — three … -
Video: A Discussion with Jared Bernstein and Chad Stone on the October Employment Report
November 5, 2011
Long-term unemployment is, in this recession, and aftermath, has been at unprecedented levels. In the really bad recession in the 1980s we didn’t see anywhere near as much long-term unemployment.
Duration: 4:34
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Statement: Chad Stone, Chief Economist, on the October Employment Report
November 4, 2011
Today's employment report shows that jobs remain scarce, especially for the long-term unemployed. More than two-fifths of the unemployed have been looking for a job for more than six months (see chart) — and, according to a recent Pew Economic Policy Group Report, nearly a third of the … -
Statement: Chad Stone, Chief Economist, on the September Employment Report
October 7, 2011
Today's jobs report shows that more than two years after the recession officially ended, a strong jobs recovery remains elusive. With job creation still sluggish, unemployment still very high, and the share of Americans with a job still severely depressed (see chart), policymakers should enact a … -
Many States Cutting TANF Benefits Harshly Despite High Unemployment and Unprecedented Need
Updated October 3, 2011
In 2011, states implemented some of the harshest cuts in recent history for many of the nation's most vulnerable families with children who are receiving assistance through the federal Temporary Assistance for Needy Families (TANF) block grant. The cuts affect 700,000 low-income families that include 1.3 million children; these families … -
Poverty Rate Second-Highest in 45 Years; Record Numbers Lacked Health Insurance, Lived in Deep Poverty
September 14, 2011
Driven by the persistent weakness in the economy, the poverty rate in 2010 reached its second-highest point since 1965, median income declined, and the number and percentage of Americans without health insurance stood at record highs, the Census Bureau said yesterday. The share of Americans in "deep poverty" — with incomes … -
Statement: Robert Greenstein, President, on Census’ 2010 Poverty, Income, and Health Insurance Data
September 13, 2011
Today's Census report shows that in 2010, the share of all Americans and the share of children living in poverty, the number and share of people living in "deep poverty," and the number without health insurance all reached their highest level in many years — in some cases, in … -
Media Briefing: Examining the New 2010 Census Data on Poverty, Health Insurance Coverage, and Income
September 13, 2011
The Center on Budget and Policy Priorities held a conference call briefing for journalists Tuesday, September 13, at 1:30 p.m. (ET) to examine the new Census Bureau data for 2010 on poverty, health insurance coverage, and income trends that will be released that morning.
Duration: 21:12
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The Census Bureau’s Upcoming Report on Health Insurance
September 9, 2011
On September 13, the Census Bureau will release estimates of the number and percentage of Americans with, and without, health insurance coverage in 2010. Historical trends and other survey data suggest that: The number and share of Americans without health coverage are likely to … -
Making Sense of Next Week’s Poverty Data
September 9, 2011
Here are five points to keep in mind regarding the official poverty figures for 2010, which the Census Bureau will release on September 13: Poverty may well increase. Key bellwethers of poverty, such as long-term unemployment, worsened from 2009 to 2010, so the poverty rate may worsen as … -
Statement: Chad Stone, Chief Economist, on the August Employment Report
September 2, 2011
Today's jobs report highlights the critical need for policies to put people back to work. Employers added no net new jobs and the unemployment rate remained 9.1 percent. Most leading forecasters in government and out expect the unemployment rate to remain very high for the next few … -
Statement: Chad Stone, Chief Economist, on the July Employment Report
August 5, 2011
Today's jobs report shows that the labor market continues to limp along rather than put people back to work. The share of the population with a job remains severely depressed and unemployment remains alarmingly high — with more than 40 percent of the unemployment rate … -
National Organizations Opposing the Balanced Budget Amendment
Updated July 14, 2011
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Statement: Chad Stone, Chief Economist, on the June Employment Report
July 8, 2011
Today’s very disappointing employment report shows that two years after the technical end of the recession and after 16 straight months of private-sector job creation, the jobs deficit remains huge (see chart). The depth of the job losses from the recession is unprecedented since … -
Testimony: Chad Stone, Chief Economist, Before the Joint Economic Committee
June 21, 2011
Vice Chairman Brady and other members of the Committee, thank you for inviting me to testify. I feel especially privileged to be appearing as a witness before the Joint Economic Committee, which together with the President's Council of Economic Advisers — both established by the Employment Act of 1946 — … -
Camp-Hatch Proposal Would Harm Long-Term Unemployed and Weaken Recovery
June 13, 2011
Legislation from House Ways and Means Chairman Dave Camp and Senate Finance Committee Ranking Member Orrin Hatch would rescind the federal government’s commitment to provide unemployment insurance (UI) benefits through 2011 to Americans who have been out of work for more than half a year and are still looking for a job. Their bill … -
House-Passed Proposal to Block-Grant and Cut SNAP (Food Stamps) Rests on False Claims About Program Growth
Revised June 7, 2011
The House-passed plan to convert SNAP (the Supplemental Nutrition Assistance Program, formerly called food stamps) to a block grant and cut the program by almost 20 percent rests on the false claim that the program is experiencing “relentless and unsustainable growth.” [1] SNAP’s substantial growth of recent years … -
Statement: Chad Stone, Chief Economist, on the May Employment Report
June 3, 2011
Today’s employment report should be a wake-up call to policymakers who continue to say the budget deficit is a more immediate threat to the economy than the jobs deficit. Nearly two years after the economy technically turned the corner from recession to recovery, job growth was … -
Statement: Chad Stone, Chief Economist, on the April Employment Report
May 6, 2011
Today’s employment report provides mixed signals on the jobs market. The survey of employers shows they added jobs at a solid pace in April. Yet the jobs deficit from the recession remains very large and, even more discouraging, the survey of households shows that unemployment is still high, with too many people … -
Testimony: Paul Van de Water, Senior Fellow, on Budget Enforcement Mechanisms
May 4, 2011
Mr. Chairman, Senator Hatch, and members of the committee, I appreciate the invitation to appear before you today. The federal budget is on an unsustainable path. If we continue current policies — including a further extension of the 2001 and 2003 tax cuts and AMT relief — deficits will remain high throughout the … -
Chairman Ryan’s Baseless Attack on SNAP/Food Stamps
April 8, 2011
Falsely claiming that the nation’s most important anti-hunger program — SNAP, formerly called food stamps — is experiencing “relentless and unsustainable growth,” House Budget Committee Chairman Paul Ryan calls for converting it into a block grant. The truth is that SNAP’s recent growth is temporary and reflects the battered … -
Ryan Plan’s “Path to Prosperity” Is Just for the Wealthy
April 6, 2011
House Budget Committee Chairman Paul Ryan’s name for his budget — “The Path to Prosperity” — is a cruel joke. One of this nation’s core beliefs is that if you work hard and act responsibly, you can get ahead, raise a family, and have a decent life. That was never more true than in the three decades after World War II, when the path to … -
Republican Study Committee Bill Would Require Deepest Cuts in Programs for the Poor in U.S. History
April 5, 2011
Legislation unveiled last month by the Republican Study Committee, the powerful caucus that includes 176 House Republican members, would require the most severe cuts in programs for the poor in the nation’s history. Introduced by RSC Chair Jim Jordan (R-OH), Tim Scott (R-SC), and RSC Budget and Spending Task Force Chair … -
Heritage’s Rosy View of Ryan Budget
April 5, 2011
Ryan Avent beat me to the punch in calling out the Heritage Foundation’s analysis of how House Budget Committee Chairman Paul Ryan’s budget would affect the economy. I’m with Avent: Heritage’s unemployment projection is so bizarre as to call into question the whole exercise. As the chart above shows, Heritage projects that under the Ryan budget, the unemployment rate will be 6.4 percent in 2012 — a full two percentage points below the Congressional Budget Office forecast — and will drop below 3 … -
Ryan’s Cowardly Budget
April 5, 2011
The Center has just issued a statement on House Budget Committee Chairman Paul Ryan’s budget plan and a brief analysis showing that the plan would get about two-thirds of its more than $4 trillion in budget cuts over 10 years from programs that serve people of limited means. . -
Statement by Chad Stone, Chief Economist, on the March Employment Report
April 1, 2011
Today’s employment report shows that the economy is creating jobs at a solid pace. But it also reminds us that without even stronger job growth, it will take years to erase the large jobs deficit that the 2007-2009 recession created (see chart) and to lower the unemployment rate … -
Podcast: The February Unemployment Report and What It Means for the Economy
March 4, 2011
The jobs report for February is discussed by Chief Economist, Chad Stone.
Duration: 2:46
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Statement: Chad Stone, Chief Economist, on the February Employment Report
March 4, 2011
Today’s employment report shows job creation bouncing back from last month’s depressed level, but it also shows that the labor market is still suffering serious ill-effects from the 2007-2009 recession. Job growth thus far in the economic recovery has reduced only a small part … -
Creating Subsidized Employment Opportunities for Low-Income Parents
February 16, 2011
Issued Jointly With Amidst the worst downturn since the Great Depression, Congress included the Temporary Assistance for Needy Families (TANF) Emergency Fund [1] in the 2009 Recovery Act to help states cover the costs of providing more assistance to low-income families suffering from the ill effects of the … -
Press Release: State Unemployment Insurance Systems Need Major Reforms to Avoid Employer Tax Increases, Deep Benefit Cuts for Jobless Workers
February 9, 2011
Issued Jointly With Many states’ systems for financing unemployment insurance (UI) are broken and, without major reforms, will remain broken, requiring years of high federal taxes on employers and threatening UI’s role as a key economic stabilizer during recessions, according to a major new report … -
Rebuilding the Unemployment Insurance System: A Deficit-Neutral Plan That Limits Tax Increases and Maintains Benefits
February 8, 2011
Issued Jointly With The systems for financing unemployment insurance (UI) in many states are broken and, without major reforms, they will remain broken through this decade and beyond, requiring years of high federal taxes on employers and threatening the system’s role as a key economic stabilizer during … -
Podcast: The January Unemployment Report and What It Means for the Economy
February 4, 2011
The jobs report for January is discussed by Chief Economist, Chad Stone.
Duration: 3:07
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Statement: Chad Stone, Chief Economist, on the January Employment Report
February 4, 2011
Today’s jobs report is another in the recent string of such monthly reports showing modest job creation. The unemployment rate dropped surprisingly to 9 percent, but it remains very high. While labor market conditions are brighter than two years ago when the economy was … -
Podcast: The Commerce Department’s Report on GDP and What It Means for the Economy and Job Creation
February 1, 2011
Chad Stone, the Center’s Chief Economist, discusses what the Commerce Department’s new report on gross domestic product means for the economy and job creation.
Duration: 3:12
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TANF Responded Unevenly to Increase in Need During Downturn
(with state-by-state fact sheets)
January 25, 2011
Nationally, the Temporary Assistance for Needy Families (TANF) program, which provides basic assistance to low-income families with little or no income, has only been modestly responsive to the economic downturn. Using data collected directly from the states, [1] we estimate that between December 2007 and December 2009, TANF caseloads increased by just 13 percent, while … -
Podcast: Debunking False Claims About Health Reform's Impact on Jobs and the Deficit
January 18, 2011
Senior Fellow Paul Van de Water discusses myths about health reform’s impact on jobs and the deficit.
Duration: 3:57
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Statement: Chad Stone, Chief Economist, on the December Employment Report
January 7, 2011
Today’s jobs report shows that after two years of net job losses, payroll employment grew modestly in 2010, with private employers adding jobs every month (see chart). The drop in December’s unemployment rate was welcome, but a key reason for it was people leaving … -
Podcast: The December Unemployment Report and What It Means for the Economy
January 7, 2011
The jobs report for December is discussed by Chief Economist, Chad Stone.
Duration: 3:29
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Despite Deep Recession and High Unemployment, Government Efforts — Including the Recovery Act — Prevented Poverty from Rising in 2009, New Census Data Show
January 5, 2011
Despite a deep recession, very high unemployment, and widespread hardship, a combination of existing safety net programs and temporary expansions in them enacted in 2009 all but prevented a rise in the poverty rate that year, according to a Center analysis of new poverty data the U.S. Census Bureau released this week that …
