May 10, 2021
Today the Oregon Employment Department announced the annual change to the minimum and maximum weekly benefit amounts (WBAs) for regular unemployment insurance (UI). For new regular UI claims filed in Oregon on or after July 4, 2021, minimum and maximum WBAs each will increase by approximately 9%.
The increase will also apply to new PUA claims effective on or after July 4, 2021. This increase will be a significant income boost for new claimants who receive the minimum or maximum WBA. During the most recent quarter, 16% of regular UI recipients received the minimum WBA, and 24% received the maximum WBA.
The 9% increase is the result of growth in Oregon’s average weekly wage during 2020. Starting July 4, the minimum WBA for new regular UI claims will increase by $14, from $157 to $171 per week. The maximum WBA for new regular UI claims and new PUA claims will increase by $60, from $673 to $733 per week. The minimum WBA for new PUA claims will not be affected because it
Gooch asks Kemp to end federal unemployment reliefNews, State & National
May 10, 2021
, by Lauren Souther
ATLANTA – Majority Whip and State Senator Steve Gooch (R-51) has asked Governor Brian Kemp (R) to halt the federal unemployment relief in Georgia.
In a letter sent to Kemp’s desk today, Gooch details how many small businesses are struggling to find people to work. Many restaurants can’t fully open because they don’t have the staff.
“While we are still recovering from the economic impact of the pandemic, local business owners are desperate for employees – not customers. Every job creator agrees that this workforce shortage is a direct result of the federal expanded unemployment benefits, where employees are incentivized to stay home and collect government checks that often exceed what they would earn at the job site. This labor shortage has caused many restaurants to alter their hours of operation and is having an oversized impact on the supply chain of every sect
XE Market Analysis: North America - May 10, 2021
The dollar has managed to find a toehold after plunging on Friday on the massive U.S. jobs report disappointment. Economists were blindsided by the data, focused too much on burgeoning demand while taking their eye off the gaping pandemic-era supply side anomaly in the labour market: that is, the difficulty businesses are having in recruiting workers, with millions who normally work in low paid service sector jobs finding their incomes are better on unemployment benefits than working in their previous jobs. By way of illustration of prevailing realities, one McDonald s restaurant in Florida has been offering $50 for anyone who just turns up for an interview. Child care has reportedly been particularly hard to come by, too, contributing to the curtailment in labour supply. Other factors at play include labour market skills have in some areas degenerated as a consequence of prolonged absence from work. The fact is, the pandemic emergenc
New Oregon jobless benefit minimums, maximums set to rise by 9% in July
SALEM, Ore. (KTVZ) The Oregon Employment Department announced Monday the annual change to the minimum and maximum weekly benefit amounts for regular unemployment insurance. For new regular UI claims filed in Oregon on or after July 4, minimum and maximum WBAs each will increase by approximately 9%.
The increase will also apply to new Pandemic Unemployment Assistance claims, effective on or after July 4. This increase will be a significant income boost for new claimants who receive the minimum or maximum WBA. During the most recent quarter, 16% of regular UI recipients received the minimum WBA, and 24% received the maximum WBA.