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Pages: Mass. jobless rate hits 6.9%....does this mean [1]
Author Topic: Mass. jobless rate hits 6.9%....does this mean
nihart

Sexy
Posts: 1

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2010-09-21 16-53-41

Mass. jobless rate hits 6.9%....does this mean that the Fed extension 'bonus' will kick in, bringing the total to 59 weeks for MA? Thanks
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lawrence

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Posts: 1

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2010-09-26 6-39-36-

are you sure? why doesnt this apply? ... The bill would expand the current Emergency Unemployment Compensation (EUC) program to further extend UI benefits for up to seven weeks for workers nationwide who have exhausted their benefits. The legislation would provide an additional 13 weeks of benefits for workers in states with high unemployment rates, defined as 6 percent or higher, for a total extension of 20 weeks. Currently, 18 states and the District of Columbia have such rates. President Bush signed the first UI extension (H.R. 2642) into law June 30. That measure extended benefits across the nation by up to 13 weeks for unemployed workers who had exhausted their benefits (126 DLR A-3, 7/1/08). It did not include a provision for states with high unemployment rates. Both extensions would expire in March 2009. Sen. Edward Kennedy (D-Mass.), chairman of the Senate Health, Education, Labor, and Pensions Committee, said the legislation allows for up to 46 total weeks of UI benefits for unemployed workers nationally, and for a total of up to 59 weeks in states with high unemployment rates.
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  • carlino

    User
    Posts: 1

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    2010-10-03 16-27-38

    link proof?
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    stires

    Sr. Member
    Posts: 3

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    2010-10-06 13-21-42

    6.9% is not bad
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  • why should I give a fuck anymore?
  • reposa

    Newbie
    Posts: 10

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    2010-10-07 8-45-49-

    If government required employers to disclose the for an advertised position, you would see some stunning numbers. Maybe 200 to 1 .
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  • shelley

    Full Member
    Posts: 6

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    2010-10-08 11-09-24

    the real unemployement rate is much higher than that. Read Kevin Phillips to see why.
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  • rodney

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    Posts: 16

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    2010-12-02 5-16-54-

    I know, I've had economics
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    lehmann

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    Posts: 12

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    2011-01-02 7-15-56-

    so what if it is? it's a number that's used for comparison.
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  • repasky

    Sr. Member
    Posts: 16

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    2011-01-02 13-15-58

    the problem is that over the years they have changed how they compute it. Over the years successive administrations have added new factors to make the unemployment look better than it is. Comparisons between now and the 1930's are in particular invalid as I understand it.
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    Burgess

    Newbie
    Posts: 5

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    2011-01-16 10-00-44

    i thought that might be the case, but have never researched it. i would like to see a list of the changes someday, if indeed it was changed.
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  • spam central again, i see
  • riviello

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    Posts: 15

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    2011-03-13 23-15-02

    Here is a great article by Kevin Phillips on this and here is another version of this with graphs (note this was in may 2008 and so Phillips was way ahead of the curve)
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  • come on guys, please I need answers
  • faso

    Hero Member
    Posts: 10

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    2011-03-16 18-48-20

    Michigan's is 10%. Expected to grow to 12% by this summer.
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  • Oralle

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    2011-04-10 15-20-39

    6.9% is within 1% of all-time lows!
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  • wainright

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    Posts: 24

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    2011-04-17 7-06-24-

    You should be more concerned about CA going bankrupt and not sending you an UE check than you should be about MA, which happens to be clear across the country from you.
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