LayoffBlog.com

February 18, 2009

Jobless phone calls cost California millions of dollars

Millions of failed calls to the state’s unemployment insurance call centers are costing California taxpayers millions of real dollars.

The Employment Development Department pays 5 cents to Verizon each time a caller dials its toll-free numbers to file or get help with an unemployment insurance claim and EDD staff can’t handle the call. The message urges callers to file their claims through the department’s Web site.

That message service has cost taxpayers $4.9 million since the beginning of 2008.

Source: Sacramento Bee

January 29, 2009

Jobless claims hit record peak, orders plummet

According to Reuters: “The number of people remaining on the benefits roll after drawing an initial week of aid, or continued claims, rose 159,000 to a higher-than-forecast 4.776 million in the week ended January 17, the most recent week for which data is available.

  • The Labor Department said this was the highest reading since its records on this series began in 1967
  • Analysts had expected continued claims to be 4.65 million

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