The Implications of Unemployment Benefit Generosity to Job Search, Mental Health and Reemployment

The Implications of Unemployment Benefit Generosity to Job Search, Mental Health and Reemployment

New research conducted by The University of Minnesota and published in the Journal of Applied Psychology has researched the perception of unemployment benefits and their effect upon the job search, mental health and reemployment of individuals. Three countries were examined with different levels of unemployment benefits. In order from least generous to most generous, they

July 2019: 1.5 Million Individuals Marginally Attached to the Labor Force

July 2019: 1.5 Million Individuals Marginally Attached to the Labor Force

An Economics Daily report published by the United States Department of Labor shows 1.5 million individuals marginally attached to the labor force in July of 2019, which is almost unchanged from the previous year. Marginally attached individuals differ from unemployed individuals because they had not actively searched for work in the 4 weeks preceding the

Metropolitan Area Unemployment Rates Comparison

Metropolitan Area Unemployment Rates Comparison

The Bureau of Labor Statistics has released a comparison of 389 Metropolitan areas and their unemployment rates in an interactive map. There are 4 different unemployment rate tiers that you can toggle on and off when viewing the map. When hovering over a specific metro area, the label with the current unemployment rate will appear.

National Unemployment Rate and Inflation

National Unemployment Rate and Inflation

According to Jerome Powell, the Federal Reserve Chairman, the relationship between the unemployment rate and inflation no longer exists. “The relationship between the slack in the economy or unemployment and inflation was a strong one 50 years ago … and has gone away,” Powell said during a testimony before the Senate Banking Committee. 2019 has

How is the U.S. Unemployment Rate Measured?

How is the U.S. Unemployment Rate Measured?

The unemployment rate is a key economic indicator. Generally, when the unemployment rate drops, consumers and investors spend more money. The US labor force is made up of more than 160 million individuals, which makes it too difficult to calculate unemployment by tracking every individual looking for a job. Additionally, tracking the unemployment rate by

Long Term Unemployment Elimination Act

Long Term Unemployment Elimination Act

U.S. Senators Chris Van Hollen of Maryland and Ron Wyden of Oregon have introduced the Long-Term Unemployment Elimination Act. This act would create an innovate federal program to generate job opportunities for individuals who have been unemployment for more than six months. So far in 2019, the number of long-term unemployed individuals has stayed between

Pamela Drake Receives ASHHRA 2019 Outstanding Chapter Achievement Award

Pamela Drake Receives ASHHRA 2019 Outstanding Chapter Achievement Award

For the second year in a row, Pamela Drake from Employers Edge has been selected for the 2019 Outstanding Chapter Achievement Award from the American Society for Healthcare Human Resource Administration (ASHHRA). The purpose of the Outstanding Chapter Achievement Award is to recognize HR professionals nominated by ASHHRA affiliated chapters whose significant contributions advance the

Texas Unemployment Rate Reaches Record Low

Texas Unemployment Rate Reaches Record Low

The unemployment rate in the Lone Star State has hit the lowest point since the Bureau of Labor Statistics began tracking it in 1976. The unemployment rate in May of 2019 was 3.5%, dropping from 3.7% in April. 19,600 non-farm jobs were added in May, 8,100 of which were professional and business services. The Midland metro