Amador County - Although unemployment rates in California are falling, Amador County’s numbers are on a steady rise, according to the most recent report from the U.S. Bureau of Labor Statistics. As of June, 2010, County rates were 12.6 percent- slightly higher than the statewide rate of 12.3 percent. Amador’s rate has been climbing continuously since September of 2007, when it was 5.5 percent. The state’s overall unemployment rate fell even after 27,600 payroll jobs were eliminated. The overall slow pace of job recovery is linked by experts to a general feeling that another major downturn in the economy is soon to come. The good news is that unemployed individuals should see some relief after the Senate finally approved an extension of unemployment benefits. About 400,000 Californians whose extended unemployment benefits ended prematurely when federal funding ran out June 2nd could resume getting checks within a few weeks. The legislation cleared a major procedural hurdle and ended months of debate on July 20th after Democrats captured the 60 votes necessary to overcome GOP opposition. In a surprising rebellion against tradition, Republicans joined together to argue that the $34 billion cost of the proposal will add to much to the deficit. Two Republicans - Maine Senators Olympia Snowe and Susan Collins – voted for the legislation, while one Democrat, Nebraska’s Ben Nelson, opposed it. The legislation, which was supported by President Obama, will extend benefits for those who have already used their standard 26 weeks of unemployment. The bill also modifies a rule that was seen as discouraging some from working because it caused a reduction in weekly benefits for people who get part-time or temporary work. Some Senate members saw this as a disincentive. Nationwide, unemployment rates have dropped slightly to 9.5 percent and are unchanged since one year before. Nevada registers the highest rate at 14.2 percent, with Michigan second at 13.2 percent. 39 states and the District of Columbia recorded unemployment rate decreases in June, while 5 states had increases and 6 states had no change, 24 states recorded unemployment rate increases over the year previous, 22 states and the District of Columbia saw decreases, and 4 states had
no change. Story by Alex Lane This email address is being protected from spambots. You need JavaScript enabled to view it.
Tuesday, 27 July 2010 06:24
Amador County Unemployment Rates Increase Slightly Above the State Average
Amador County - Although unemployment rates in California are falling, Amador County’s numbers are on a steady rise, according to the most recent report from the U.S. Bureau of Labor Statistics. As of June, 2010, County rates were 12.6 percent- slightly higher than the statewide rate of 12.3 percent. Amador’s rate has been climbing continuously since September of 2007, when it was 5.5 percent. The state’s overall unemployment rate fell even after 27,600 payroll jobs were eliminated. The overall slow pace of job recovery is linked by experts to a general feeling that another major downturn in the economy is soon to come. The good news is that unemployed individuals should see some relief after the Senate finally approved an extension of unemployment benefits. About 400,000 Californians whose extended unemployment benefits ended prematurely when federal funding ran out June 2nd could resume getting checks within a few weeks. The legislation cleared a major procedural hurdle and ended months of debate on July 20th after Democrats captured the 60 votes necessary to overcome GOP opposition. In a surprising rebellion against tradition, Republicans joined together to argue that the $34 billion cost of the proposal will add to much to the deficit. Two Republicans - Maine Senators Olympia Snowe and Susan Collins – voted for the legislation, while one Democrat, Nebraska’s Ben Nelson, opposed it. The legislation, which was supported by President Obama, will extend benefits for those who have already used their standard 26 weeks of unemployment. The bill also modifies a rule that was seen as discouraging some from working because it caused a reduction in weekly benefits for people who get part-time or temporary work. Some Senate members saw this as a disincentive. Nationwide, unemployment rates have dropped slightly to 9.5 percent and are unchanged since one year before. Nevada registers the highest rate at 14.2 percent, with Michigan second at 13.2 percent. 39 states and the District of Columbia recorded unemployment rate decreases in June, while 5 states had increases and 6 states had no change, 24 states recorded unemployment rate increases over the year previous, 22 states and the District of Columbia saw decreases, and 4 states had
no change. Story by Alex Lane This email address is being protected from spambots. You need JavaScript enabled to view it.
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