The maximum eligibility for PUA is now 75 weeks. PEUC now provides up to 49 weeks of additional benefits to those who exhaust 26 weeks of state unemployment. Extended benefits EB adds 13 weeks. The State of New Jersey provides unemployment benefits but only to those who continue to make an effort, and who accept suitable employment when the opportunity arises. Your benefits will decline over time, as New Jersey has several tiers of unemployment benefits.
There is no need to reapply as you exhaust benefits in any tier. Step up your job search activities. Under the joint state and federal Extended Benefit program, you will be expected to increase your job searching activities in order to continue to qualify for benefits. If benefits are cut off in December, it would be the earliest cutoff of extended benefits in any recent recession.
In the previous four recessions, extended benefits were available to workers until at least three years after the start of the recession, recognizing the length of time needed to create jobs for all of those who had lost work during the downturn. In the July recession, extended benefits were available until March ; in the July recession, extensions kept going until February ; and even the mild recession included benefits through March Critically, by this time, the share of workers on the core state benefits program had dropped substantially, to nearly half the current level, and thus the need for extended benefits had abated.
Figure 3 compares the current insured unemployment rate to previous cut offs of extended benefits, and this stark difference indicates just how grave this early cut off would be to workers and the economy.
Congress has stared down major expirations of jobless benefits multiple times during the Great Recession and previous economic cycles. Policy makers have been more comfortable with enacting temporary extended benefits programs with more predictable costs rather than improving the automatic stabilizers in EB. The risk of such an approach, however, are huge cliffs like the one facing the nation on December With the stakes of the benefit cutoff perhaps higher than they have ever been before, there also seems to be a grave danger that unemployed Americans could be left behind during a lame duck session taking place in the overhang of a contested presidential election.
But the numbers—and families behind them—leave no excuses for inaction. The estimates are based on reported data from states to the U. Using this data, the we conduct a flow analysis based on observed take up, exhaustion, and survival rates. Estimates are derived on the state level, with state exhaustion rates as a key metric equal to the sum of exhaustions for the past twelve months divided by the sum of first payments for twelve months but with a starting period lagged by six months.
Under this method, November exhaustions are projected as the exhaustion rate times the first payments for the month of May. September exhaustion rates were used but then corrected if current claims data indicate an earlier exhaustion rate is prevailing. Based on observed data, 72 percent of state exhaustions are predicted to enter into PEUC benefits during the same month they exhaust. Among those flowing onto PEUC benefits in the fourth quarter, 7 percent are predicted to leave the program each month for employment.
Thus our model predicts higher utilization of PEUC than the weekly data. For the PUA program, month-to-month data is less accurate. Thus, the total number of first payments into the PUA program of Applying this predicts that 76 percent of the 9. In those states without a forty-six-week PUA program, 25 percent are assumed to have started before March 28 and thus exhaust before December After October 17, initial claims into PUA for the rest of October and November are assumed to have a 50 percent payment rate before December To estimate the number of states that will trigger off by the end of December, rendering still-jobless workers when PEUC expires, ineligible for additional weeks when they exhaust their state weeks, we project the initial claims, state benefit exhaustions, re-employment rate, insured unemployment rate, and the total unemployment rate for each state the weeks between the weekly UI report released November 12, They will be enrolled automatically, the Labor Department said.
Because New Jersey reached a federal threshold for hitting a high rate of unemployment, the state can offer these extended benefits. The state had For subscribers: In NJ, 89K students can't get online at home. Here's how schools are trying to fix that.
Independent contractors, self-employed workers and gig economy workers can currently receive 39 weeks of federal benefits.
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