Author: James McAllister

  • Weekly unemployment insurance claims top 200,000 for first time in nine weeks

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    Following a change in seasonal adjustment calculations, the U.S. Department of Labor on April 6 revised its figure for new applications for U.S. unemployment insurance benefits for the week ending March 25 (the week before the changes were announced) from 198,000 to 246,000—an increase of about 24%. The four-week moving average as of March 25…

  • Ballotpedia launches database of asset management companies that contract with state pensions

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    Ballotpedia publicly launched a new database on April 4 designed to help interested parties better understand the relationships between state pension funds and asset management firms. Over the course of several months last year, Ballotpedia researchers compiled the names of all asset management companies that handle state pension money and the total assets under management…

  • U.S. weekly unemployment insurance claims rise to 198,000

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    New applications for U.S. unemployment insurance benefits rose 7,000 for the week ending March 25 to a seasonally adjusted 198,000. The previous week’s figure was unrevised at 191,000. The four-week moving average as of March 25 rose to 198,250 from an unrevised 196,250 as of the week ending March 18. The number of continuing unemployment…

  • U.S. weekly unemployment insurance claims fall to 191,000

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    New applications for U.S. unemployment insurance benefits fell 1,000 for the week ending March 18 to a seasonally adjusted 191,000. The previous week’s figure was unrevised at 192,000. The four-week moving average as of March 18 fell to 196,250 from an unrevised 196,500 as of the week ending March 11. The number of continuing unemployment…

  • U.S. weekly unemployment insurance claims fall to 192,000

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    New applications for U.S. unemployment insurance benefits fell 20,000 for the week ending March 11 to a seasonally adjusted 192,000. The previous week’s figure was revised up from 211,000 to 212,000. The four-week moving average as of March 11 fell to 196,500 from a revised 197,250 as of the week ending March 4. The number…

  • Arkansas enacts law reducing length of unemployment insurance benefits

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    A new Arkansas law effective March 6, 2023, will limit the maximum length of unemployment insurance benefits from 16 weeks to 12 weeks starting Jan. 1, 2024. The bill passed with veto-proof majorities in both chambers (29-3 in the Senate and 79-15 in the House). The law will also reduce the new employer unemployment insurance…

  • Arizona State Senate passes unemployment insurance indexing bill

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    The Arizona State Senate on March 2 passed a bill 16-14 that would index the length of unemployment insurance benefits to the state’s unemployment rate. During times when the unemployment rate is at or below 5%, unemployed workers could collect a maximum of 12 weeks of benefits under the bill. The bill proposes capping the…

  • Iowa Senate committee advances unemployment insurance bill

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    The Iowa Senate’s Workforce Committee advanced a bill on February 28 that proposed reducing the maximum weekly unemployment insurance benefit amount families with three or more dependent children could claim. Currently, Iowa considers the number of dependents an individual or family cares for in determining benefit amounts. This proposed change would create a formula with…

  • U.S. weekly unemployment insurance claims fall to 194,000

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    New applications for U.S. unemployment insurance benefits fell 1,000 for the week ending February 11 to a seasonally adjusted 194,000. The previous week’s figure was revised down from 196,000 to 195,000. The four-week moving average as of February 11 rose to 189,500 from a revised 189,000 as of the week ending February 4. The number…

  • U.S. weekly unemployment insurance claims rise to 196,000

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    New applications for U.S. unemployment insurance benefits rose 13,000 for the week ending February 4 to a seasonally adjusted 196,000. The previous week’s figure was unrevised at 183,000. The four-week moving average as of February 4 fell to 189,250 from an unrevised 191,750 as of the week ending January 28. The number of continuing unemployment…