unemployment insurance

Surprise! North Carolina Cuts to Jobless Benefits Did Not Help Workers

Unemployment insurance (UI) is a vital part of America’s social safety net, providing benefits to eligible workers who have lost a job through no fault of their own. The system is jointly funded by federal and state payroll taxes, but within broad guidelines from the Department of Labor, states have considerable flexibility in deciding benefit eligibility, how much and for how long beneficiaries are paid, as well as the tax structure for funding the state portion of the program. While most states offer a maximum of twenty-six weeks of UI benefits, the historic magnitude and duration of unemployment brought on by the Great Recession prompted Congress to implement federal extensions of unemployment benefits, totaling as much as ninety-nine weeks.

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Witness Wednesday Protests Launched In Washington To Highlight Tragedy of Longterm Unemployed

In the sweltering mid-day Washington, DC heat yesterday, a small group of members of Congress and community leaders gathered outside of the capitol building.

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Cut-Throat Capitalism: Welcome To the Gig Economy

The media are all abuzz with the changing nature of work. Exciting words like “creativity” and “adaptability” get thrown around, specifically in connection to the shift away from steady, full-time employment to a gig economy of freelancers and short-term contracts. Proponents of the gig economy, from the New York Times' Thomas Friedman to bright-eyed TED pundits, tout it as a welcome escape from the prison of the standard workweek and the strictures of corporate America. Working on a project-to-project basis will set you free, they tell us. Wired magazine has called it "the force that could save the American worker.”

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All Aboard the Global Gazillionaire Gravy Train!

If Janet Yellen is to convince the American people that the Fed is on their side, she's got her work cut out for her.

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5 Ways American Policies and Attitudes Make Us Lonely, Anxious, and Antisocial

You would think that by the 21st century, we would know something about what it takes for humans to live fulfilling lives. After all, we’ve witnessed enormous advances in science, psychology, sociology, and related fields over the past couple of centuries.

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New Book on FDR Proves That America's Greatest Generation Was Our Most Progressive Generation

As America struggles with mortal threats to democracy and a deeply unbalanced society, author Harvey Kaye, Professor of Democracy and Justice Studies at the University of Wisconsin-Green Bay, mines the amazing legacy of Franklin Roosevelt to show the pathway to a more progressive future. In his brand-new book, The Fight for the Four Freedoms: What Made FDR and the Greatest Generation Truly Great (Simon & Schuster Hardcover) Kaye offers up rich storytelling and a formidable command of history to remind us that with vision and bold action, we have overcome grave challenges in the past — and there is no reason why we can't do it again. Here's an excerpt of Kaye's must-read book for progressives.

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The Pattern Is Clear - The GOP Will Bend Over Backwards to Make Life Better for the 1%, But Not for Workers

Are Republicans inconsistent when they sometimes support using offsets and indexing and sometimes don’t? Not at all. They’re actually very consistent. When capital comes asking for gifts Republicans act like Santa Claus. When labor is the supplicant they conduct themselves more like Scrooge.

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US Economy Losing Up to One Billion a Week After Jobless Benefits Cut

The US economy is losing up to a billion dollars a week because of the “fiscally irresponsible” decision to end long-term unemployment benefits, a Harvard economist said on Friday.

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You Won't Believe Conservatives' Absurd Theories They Think Will Cure Poverty

According to a major new study by a group of academic researchers at Columbia University, government programs like food stamps and unemployment insurance have significantly helped the poor over the last 50 years.

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Did You Know the Deficit Is Shrinking? Most Americans Don't, Thanks to Shameless Deficit Hawk Propaganda

Remember all those deficit hawks who screamed that the federal deficit is spiraling out of control and must be stopped with spending cuts that have a funny way of hurting the pocketbooks of the most vulnerable Americans? Their excuse for ripping us off has been literally disappearing, but a new Google survey shows that not only do the vast majority Americans not know it — half of the public actually believes that the deficit is growing.

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James K. Galbraith: How to Stop the Path of Economic and Social Destruction

Economist James K. Galbraith recently addressed an audience in Greece to examine why members of his profession have done such a poor job of diagnosing economic problems and recommending appropriate policy solutions. As he explains, economists dedicated to an outdated model of how the economy functions have promoted national policies focused on austerity, deregulation and privatization, which have failed miserably to address the widespread pain of a global financial crisis. In contrast, economists critical of this view have strongly opposed austerity and have recommend policies that can create a robust economy and society through stabilizing institutions, addressing the burden of debt, restructuring banks, and promoting investment and jobs. Which side has been proven right? The answer, Galbraith argues, is obvious, and it is time for a sea change in economic thinking.

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