LayoffBlog.com

January 7, 2009

State unemployment claim systems overwhelmed.

Filed under: FYI,unemployment,US — 7macaw @ 7:52 am
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AP reports,

“Electronic unemployment filing systems have crashed in at least three states in recent days amid an unprecedented crush of thousands of newly jobless Americans seeking benefits, and other states were adjusting their systems to avoid being next.

About 4.5 million Americans are collecting jobless benefits, a 26-year high, so the Web sites and phone systems now commonly used to file for benefits are being tested like never before.

Systems in New York, North Carolina and Ohio were shut down completely by technical glitches and heavy volume, and labor officials in several other states are reporting higher-than-normal use.

December 24, 2008

Unemployment Filings Reach 26-Year High [again]

Filed under: FYI,unemployment,US — 7macaw @ 12:50 pm
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Washington Post reports that, “The number of people filing for unemployment benefits hit a 26-year high last week, as the deepening recession forced more employers to cut jobs.

First-time claims for unemployment rose 5.4 percent, to 586,000 for the week ending Dec. 20, the Labor Department reported this morning. The last time claims were that high was Nov. 27, 1982. The four-week moving average, which is a less volatile indicator, rose to 558,000 from 544,250, also a 26-year high. ”

It was reported earlier that the jobless claims fell somewhat, and now they seem to be on the rise again.

November 26, 2008

New jobless claims drop from 16-year high

According to AP: “New jobless claims fell more than expected last week from a 16-year high, the government said Wednesday, though they remain at elevated levels due to the slowing economy.

The Labor Department reported that initial requests for unemployment benefits fell to a seasonally adjusted 529,000 from the previous week’s upwardly revised figure of 543,000. That is lower than analysts’ expectations of 537,000.”

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