unemployment

2015 vs. 2014 Maximum Weekly Unemployment Benefits By State

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Listed below are the 2014 and 2015 (where available) maximum unemployment benefit/compensation rates by state. The Unemployment compensation (UC) program is designed to provide benefits to most individuals out of work or in between jobs, through no fault of their own. The Federal-State UC program is a partnership based upon federal law, but administered by […]

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2013 Unemployment Benefits Extension Approved

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[2013 Unemployment Benefits Extension - January 2013 update] Congress and the Obama administration have reached an agreement that will extend federal unemployment insurance benefits (Emergency Unemployment Compensation) into 2013 following the latest round of fiscal cliff negotiations. This means newly unemployed and those with time left on their unemployment benefits will continue to receive aid in 2013. However […]

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Bernanke’s QE3 Just Won Obama The Election

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The Federal Reserve announced a new round of quantitative easing, known as QE3, to boost economic growth and promote employment. The stock markets and investors reacted very favorably, building on an already strong run over the last two months. The new round of quantitative easing will be executed by the Fed through expanding its holdings […]

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2013 Fiscal Cliff: Payroll Credit and Income Tax Cut Extensions, Unemployment Insurance and Reserve Bank Actions

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The American economy is experiencing a seeming reversal of fortune following significant internal and external headwinds. The stock market, which tends to be a leading indicator of the economy, is back to 2011 levels. GDP and employment figures are also showing signs of slowing down. Some experts, including former President Clinton, have even suggested that […]

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2012 to 2020 Projections for Unemployment, Home Prices, Inflation and Interest Rates

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The Congressional Budget Office (CBO), a non-partisan congressional budget review agency, recently came up with their latest multi-year actual versus forecast for some key economic indicators. While a number of the underlying assumptions can change, the good news is that things will start getting much better in 2012 and we should return to pre-recession growth […]

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Obama Jobs Act – 2012 Payroll Tax cuts, Unemployment Extension, Infrastructure Spending and Small Business Incentives

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[Update Sep 2011] – President Obama has revealed details on his new $447 billion Americans Jobs Act and it is pretty much in line with what I had referenced in my earlier update (see below) before his speech. Here are the main things he is proposing that now go to Congress for review and approval: […]

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Middle Class Doomed as Millionaires Boom – How You Can Join the Ranks of the Rich

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According to a recent report from the Deloitte Center for Financial Services, the total number of US families with a net worth of over $1 million will double by 2020. All this while the unemployment rate hovers around 10% amidst a tight job market undergoing significant structural reform. Overall, the U.S. and Europe have the […]

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Obama’s 2012 Job Creation Stimulus and Tax Cuts – Can the New Economic Plan Really Boost The Economy and Lower Unemployment?

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[Update – American Jobs Act a.k.a 2012 Economic Stimulus] In what is essentially the 2012 stimulus package, President Obama has released details on the American Jobs Act which involves spending over $400 billion dollars to boost economic growth. The key provisions are: – Extension of employee payroll tax cuts into 2012, which were due to […]

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2012 Payroll Tax Credit and Unemployment Insurance Benefits Extension

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[Updated- 2012 Payroll Tax Credit Holiday, Unemployment Benefits and Medicare Doctor Payments Extended to Dec 31st] With House Republican support Congress has passed legislation extending the federal payroll tax holiday through the end of the year without demanding spending cuts to pay for it. This was a concession aimed at averting another repeat of their […]

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New Tax Credits and Programs to Help Unemployed Veterans – Wounded Warrior Work Opportunity & Returning Heroes Tax Credit

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The Obama administration has proposed a host of new tax credits and programs to encourage employers to hire our growing army of veterans, particularly those that have been unemployed for a considerable time. This latest commitment to service members and veterans aims to provide a comprehensive plan to lower unemployment and ensure that service members […]

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