How do you analyze unemployment data?
To calculate the U-3 unemployment rate, the number of unemployed people is divided by the number of people in the labor force, which consists of all employed and unemployed people. The ratio is expressed as a percentage.
What is UI claims?
The Unemployment Insurance (UI) program provides temporary payments to individuals who are unemployed through no fault of their own and meet all other eligibility requirements. Visit the File a UI Claim page for more information on filing online, by phone, or by mail/fax.
What is UI unemployment claim?
Our Office of Unemployment Insurance (OUI) system indicates that you filed an application to claim federal Pandemic Unemployment Assistance (PUA). OUI is making changes to the PUA claims process that will require additional information and affect how you request future payments.
What is the difference between a UI claim and a Pua claim?
While UI and PUA both offer financial assistance to workers who are out of work or have less work, PUA has specific restrictions that may limit its benefits and coverage (for example, your unemployment must be a direct result of the COVID-19 pandemic). Regular state UI doesn’t have these restrictions.
Is unemployment a welfare?
The source of the funds is the government’s coffers. Because the government’s funding comes from taxpayers, welfare payments are funded by the taxpaying public and corporations. Unemployment benefits, on the other hand, are paid out of a fund into which your former employer contributed when you were working.
What do I do if I get a false unemployment?
If you are a victim, reach out to your state unemployment office to report the fraud. If there were false claims in multiple states, reach out to each state individually. If you need to make a legitimate benefits claim but have a fraudulent claim made in your name, you need to work with this department.
How long does it take to get unemployment check after you request in KY?
For all initial claims there is a one-week waiting period (WAITING WEEK). If you are otherwise eligible, your first benefit payment will be for one week of benefits; Page 5 3 your waiting week will have been satisfied. Only one waiting week is required in any benefit year.
Do I qualify for PEUC?
You are eligible for PEUC if: • You exhausted your regular state or federal unemployment benefits after July 1, 2019; • You are not currently eligible for state or federal unemployment benefits; and • You are able and available to work, except in instances where COVID-19 has made it not possible, including illness.
How are UI claims related to the unemployment rate?
While not related to the national unemployment rate, UI claims data do serve as inputs into the calculation of state and local area unemployment estimates. See the Local Area Unemployment Statistics program for more information.
Where can I find unemployment insurance claims data?
UI Claims Data are available from the US Department of Labor Web site. Weekly data are available from 1987 to present (not seasonally adjusted) and monthly from 1971 to present (not seasonally adjusted).
How are initial claims and continued weeks calculated?
Workers who lose their jobs and are covered by these programs typically file claims which serve as notice that they are beginning a period of unemployment. Initial claims measure emerging unemployment and continued weeks claimed measure the number of persons claiming unemployment benefits.
How many people are receiving UI each week?
How many people are receiving UI? Where can I find historical data on weekly claims? Read More…