Discover and read the best of Twitter Threads about #UnemploymentInsurance

Most recents (23)

Daily Bookmarks to GAVNet 08/01/2021 greeneracresvaluenetwork.wordpress.com/2021/08/01/dai…
Seeing Theory - A visual introduction to probability and statistics.

seeing-theory.brown.edu

OKAI - An Interactive Introduction to Artificial Intelligence (AI)

okai.brown.edu

#OnlineEducation #probability #statistics #InteractiveGraphics #ArtificialIntelligence
Read 8 tweets
Daily Bookmarks to GAVNet 01/30/2021 greeneracresvaluenetwork.wordpress.com/2021/01/30/dai…
The fight for $15: can Joe Biden usher in a higher minimum wage?

ft.com/content/22ed8f…

#MinimumWage
How Trump’s Tariffs Really Affected the U.S. Job Market

carnegieendowment.org/chinafinancial…

#trade #tariffs #policy #jobs
Read 10 tweets
Daily Bookmarks to GAVNet 01/27/2021 greeneracresvaluenetwork.wordpress.com/2021/01/27/dai…
Biden wants to squeeze an extra shot of vaccine out of every Pfizer vial. It won’t be easy.

washingtonpost.com/business/2021/…

#vaccine #distribution #contract
More garbage than water: Serbia promises clean-up of hydro reservoir

reuters.com/article/us-env…

#environment #contamination #CleanUp #sustainability
Read 10 tweets
Daily Bookmarks to GAVNet 01/08/2021 greeneracresvaluenetwork.wordpress.com/2021/01/08/dai…
Along with vaccine rollouts, the U.S. needs a National Hi-Fi Mask Initiative

statnews.com/2021/01/07/nat…

#PandemicResponse #vaccines #masks #COVID19
Read 10 tweets
In Italia c'e' un dibattito sterile su #statali, #redditodicittadinanza e costi della crisi. Il dibattito e' sterile e provinciale, fatto per ragioni puramente ideologiche che non tiene in conto dei fatti empirici e tantomeno del dibattito, quello vero, sia sulla crisi che sul
capitalismo di inizio millennio. Tanto per dire, in USA e in Canada per far fronte al Covid e' stato istituito una #unemploymentinsurance (#UI) che da' a chiunque perda lavoro 500-600$ a settimana, un sussidio spesso piu' alto del salario perso.
beh, questo sussidio e' stato un successo indiscutibile bloomberg.com/opinion/articl… , ha ridotto la poverta' e aiutato l'economia reale
Read 7 tweets
1/ In the week ending 8/22, North Carolina received 12,880 initial claims for regular state #UnemploymentInsurance, down from 17,388 the week before. A year ago, the total number of initial claims was 2,877. #NCeconomy
2/ Additionally, North Carolina received 8,261 initial claims for the new Pandemic Unemployment Assistance (PUA) program, which covers certain workers normally ineligible for unemployment insurance. The figure a week earlier was 10,360. (NC began accepting PUA claims on 4/24.)
3/ And, last week, North Carolina received 185,146 continuing claims for regular #UnemploymentInsurance, along with 168,171 continuing claims for PUA. #NCeconomy
Read 26 tweets
1/ In the week ending 8/15, North Carolina received 16,607 initial claims for regular state #UnemploymentInsurance, up from 14,328 the week before. A year ago, the total number of initial claims was 3,014. #NCeconomy
2/ Additionally, North Carolina received 10,360 initial claims for the new Pandemic Unemployment Assistance (PUA) program, which covers certain workers normally ineligible for unemployment insurance. The figure a week earlier was 8,620. (NC began accepting PUA claims on 4/24.)
3/ And, last week, North Carolina received 211,677 continuing claims for regular #UnemploymentInsurance, along with 10,360 continuing claims for PUA. #NCeconomy
Read 26 tweets
1/ In the week ending 8/8, North Carolina received 13,635 initial claims for regular state #UnemploymentInsurance, down from 16,503 the week before. A year ago, the total number of initial claims was 3,158. #NCeconomy
2/ Additionally, North Carolina received 8,602 initial claims for the new Pandemic Unemployment Assistance (PUA) program, which covers certain workers normally ineligible for unemployment insurance. The figure a week earlier was 12,205. (NC began accepting PUA claims on 4/24.)
3/ Last week, North Carolina received 234,405 continuing claims for regular #UnemploymentInsurance, along with 192,247 continuing claims for PUA. #NCeconomy
Read 22 tweets
1/ In the week ending 8/1, North Carolina received 17,402 initial claims for regular state #UnemploymentInsurance, down from 26,402 the week before. A year ago, the total number of initial claims was 3,371. #NCeconomy
2/ Additionally, North Carolina received 12,205 initial claims for the new Pandemic Unemployment Assistance (PUA) program, which covers certain workers normally ineligible for unemployment insurance. The figure a week earlier was 18,790. (NC began accepting PUA claims on 4/24.)
3/ Last week, North Carolina received 273,519 continuing claims for regular #UnemploymentInsurance, along with 220,671 continuing claims for PUA. #NCeconomy
Read 24 tweets
1/ In the week ending 7/25, North Carolina received 26,141 initial claims for regular #UnemploymentInsurance, down from 29,204 the week before. A year ago, the total number of initial claims was 3,105. #NCeconomy
2/ Additionally, North Carolina received 18,790 initial claims for the new Pandemic Unemployment Assistance (PUA) program, which covers certain workers normally ineligible for unemployment insurance. The figure a week earlier was 19,821. (NC began accepting PUA claims on 4/24.)
3/ Last week, North Carolina received 308,295 continuing claims for regular #UnemploymentInsurance, along with 209,510 continuing claims for PUA. #NCeconomy
Read 22 tweets
1/ Rule of the day: before you claim that the supplemental $600/week #UnemploymentInsurance payment authorized by the #CARESAct made people reject job offers in favor of staying at home, please learn how state systems actually work. #ExtendUI
2/ In most states, including North Carolina, a UI claimant who is recalled to work & refuses to go back typically is disqualified from ANY further benefits. There are some good cause exceptions tied to #COVID19 , but they are narrow & require the claimant to make a case.
3/ And a claimant who refuses an offer of "suitable work" also typically is disqualified for any further benefits. Suitable work is based (partly) on the person's prior earnings. Again, there may be some COVID-related exceptions. des.nc.gov/need-help/covi…
Read 11 tweets
1/ A timely call from @NC_Governor on Congress to extend the $600/week supplement to #unemploymentinsurance authorized by the #CARESAct. In NC, this week currently is the last one for which the supplement is payable.
2/ According to @NCDES, some 800,000 people in North Carolina have received the $600/week supplement known as Pandemic Unemployment Compensation (PUC) since March 15. That is almost as many people as live in Charlotte, which is the state's most populous city.
3/ Since March 15, according to @NCDES, a total of $6.3 billion has been paid out in #unemploymentinsurance compensation here in NC. The PUC program is responsible for $4.3 billion of that amount (68% of the total).
Read 10 tweets
1/ In the week ending 7/18, North Carolina received 26,323 initial claims for regular #UnemploymentInsurance, up from 28,108 the week before. A year ago, the total number of initial claims was 3,264. #NCeconomy
2/ Additionally, North Carolina received 19,821 initial claims for the new Pandemic Unemployment Assistance (PUA) program, which covers certain workers normally ineligible for unemployment insurance. The figure a week earlier was 20,563. (NC began accepting PUA claims on 4/24.)
3/ Last week, North Carolina received 319,057 continuing claims for regular #UnemploymentInsurance, along with 197,123 continuing claims for PUA. #NCeconomy
Read 24 tweets
1/ In the week ending 7/11, North Carolina received 26,861 initial claims for regular #UnemploymentInsurance, down from 27,937 the week before. A year ago, the total number of initial claims was 3,397. #NCeconomy
2/ Additionally, North Carolina received 20,563 initial claims for the new Pandemic Unemployment Assistance (PUA) program, which covers certain workers normally ineligible for unemployment insurance. The figure a week earlier was 23,606. (NC began accepting PUA claims on 4/24.)
3/ Since the roll out of the PUA program, the number of new PUA claims in North Carolina has rivaled the number of initial claims for regular benefits. This illustrates how many workers normally are excluded from the regular program. #NCeconomy #ncpol
Read 21 tweets
I, too, have been amazed about how all the outrages about the PPP program have been directed toward the wrong elements of the program & not the actual things that should trigger outrage.
The program's purpose was to help eligible businesses retain workers on their payrolls, which is a superior long-term option to allowing folks to become unemployed. But people instead want to focus on "deserving" and "undeserving" firms based on their industrial preferences.
A big problem was how the PPP program worked at cross-purposes with the #UnemploymentInsurance expansions authorized by the #CARESAct. One set of incentives pushed employers to lay off workers, another to keep them employed. This was a real "mixed message" to send."
Read 8 tweets
1/ In the week ending 7/4, North Carolina received 27,202 initial claims for regular #UnemploymentInsurance, down from 29,580 the week before. A year ago, the total number of initial claims was 2,679. #NCeconomy
2/ Additionally, North Carolina received 23,606 initial claims for the new Pandemic Unemployment Assistance (PUA) program, which covers certain workers normally ineligible for unemployment insurance. The figure a week earlier was 27,134. (NC began accepting PUA claims on 4/24.)
3/ Since the roll out of the PUA program, the number of new PUA claims in North Carolina has rivaled the number of initial claims for regular benefits. This illustrates how many workers normally are excluded from the regular program. #NCeconomy #ncpol
Read 20 tweets
1/ Can't say how frustrated I am every time even good outlets like @WRAL & journalists like @cullenbrowder fail to note that North Carolina's #UnemploymentInsurance system is struggling due to 1) deliberate political choices & 2) systematic disinvestment. bit.ly/2O1JTBE
2/ The COVID-19 crisis has sparked an unprecedented number of claims in a short window, what with @NCCommerce reporting that it received 1.7m claims from 1.1m people between 3/15 & 7/2. Yet the system would have struggled to handle a claims volume similar to the 2008 recession.
3/ Why? As @ncbudgetandtax has noted, the state stopped providing administrative funding to the agency in SFY 2013. This forces the system to rely entirely on a limited, woefully outdated federal funding source that Congress has allowed to atrophy. ncjustice.org/publications/u…
Read 21 tweets
1/11 As of 30 April, there were 4,359 confirmed cases of #COVID19 in #Morocco. The country has put in place strong confinement measures with an Oxford Stringency Index of 80.95. The partial lockdown led 57% of firms to suspend their activities and lay off workers.
2/11 #CashTransfer schemes for both affected #FormalWorkers and #InformalWorkers were announced and are being implemented as part of the government responses to #COVID19. They are financed through a special fund to fight #COVID19. See @financesmaroc: bit.ly/3cZJwC5.
3/11 The fund started with MAD 10B (USD 1B) from the general budget. @CnssMaroc contributed with MAD 500M from its #UnemploymentInsurance branch. See bit.ly/2KJsyvq. Combined with other donations the fund has reached MAD 32B by 24 April.

bit.ly/2VP7qul
Read 11 tweets
Alert: long thread ahead on the increased demand for #UnemploymentInsurance (UI) in the wake of #COVID19.
The Department of Labor yesterday reported that -- last week -- initial unemployment insurance claims jumped 33% over the previous week, from 211,000 to 281,000. And that was before states started reporting massive increases (which started this week). dol.gov/ui/data.pdf
No official data for this week are available yet, making any projections speculative, but Goldman Sachs projects UI claims will jump from 281,000 last week to an astonishing 2,250,000 this week.
Read 20 tweets
Some thoughts on economic disaster relief - aka fiscal stimulus (things are fluid, and I'm open to refinements!). First, we should aim for $1trn, or 5% of GDP, which is on the high end of estimates. Better to overreact now, both on this and public health mitigation measures.
1) We should send #ChecksChecksChecks to every person (including kids!) - $2000 is a rough estimate - could be $1000 per month during the national shutdown - this is about $600bn
We could have these be taxable a year later for those above a certain income level to make it more progressive, although the @gop may not go for that
Read 19 tweets

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