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Joe Raedle - 1 Michele Evermore - 1 There's - 1 Andrew Stettner - 1 NASI - 1 Stettner - 1 haven't - 1 Indivar Dutta - 1
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Search resuls for: "Andrew Stettner"


4 mentions found


☆ The unemployment insurance program is unprepared for a recession, experts say
  + stars: | 2024-08-09 | by ( Greg Iacurci | ) www.cnbc.com   time to read: +4 min
However, the system that workers rely on to collect unemployment benefits is at risk of buckling — as it did during the Covid-19 pandemic — if there's another economic downturn, experts say. Unemployment insurance provides temporary income support to laid-off workers, thereby helping prop up consumer spending and the broader U.S. economy during downturns. There's also wide variation among states — which administer the programs — relative to factors like benefit amount, duration and eligibility, according to the report, authored by more than two dozen unemployment insurance experts. Why the unemployment insurance program buckledJoblessness ballooned in the pandemic's early days. Claims for unemployment benefits peaked at more than 6 million in early April 2020, up from roughly 200,000 a week before the pandemic.
Persons: Joe Raedle, Michele Evermore, There's, Andrew Stettner, NASI, Stettner, haven't, Indivar Dutta, Gupta Organizations: Getty, The Century Foundation, U.S . Labor Department's, National Academy of Social Insurance, Labor, Labor Department, Roosevelt Institute Locations: Florida, Sunrise , Florida, U.S
☆ How to file for unemployment benefits if you lose your job in an economic downturn
  + stars: | 2022-12-05 | by ( Katie Warren | Marguerite Ward | Jason Lalljee | ) www.businessinsider.com   time to read: +9 min
Here's how to file for unemployment insurance benefits, whether you're laid off, furloughed, or your hours are severely reduced. Here's how to file for unemployment insurance benefits, whether you're laid off, furloughed, or have had your hours severely reduced. Fill out an application through your state's unemployment websiteYou should apply for unemployment insurance as soon as you're no longer working. Depending on the state, unemployment insurance claims can be filed in person, on the phone, or online. "Start with your state's unemployment insurance benefits site.
☆ Layoffs are picking up. These are the first 3 steps to take after losing your job
  + stars: | 2022-11-04 | by ( Annie Nova | ) www.cnbc.com   time to read: +3 min
In this article UALAALTSLANFLXSHOP-CALYFT Follow your favorite stocks CREATE FREE ACCOUNTWanan Yossingkum | Istock | Getty ImagesThe labor market is still strong, but layoffs are picking up. File to collect unemployment benefits ASAPYou should file for unemployment benefits as soon as possible after a layoff, said Andrew Stettner, the director of workforce policy and senior fellow at The Century Foundation. Even if you received unemployment benefits earlier in the pandemic and are facing joblessness again, you may qualify for more aid. (However, if you have less than $5,000 in the account, the money may be sent to an individual retirement account for you, she added.) However, you won't be able to continue contributing to a plan at a company you're no longer working for.
☆ If a recession comes, don't count on unemployment insurance — states aren't ready to give you benefits
  + stars: | 2022-11-01 | by ( Juliana Kaplan | ) www.businessinsider.com   time to read: +4 min
The result: Many states pay little and for fewer weeks, and it takes over a month to get benefits. And, if you do need to access UI benefits, they might not arrive for a while. Right now, according to the TCF report, just 15 states are doing that. Black workers are more likely to live in states with lower benefits. Many states have cut how many weeks workers are eligible for benefits over the last decade or so.
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