Unemployment Update 11-19-20: BREAKING NEWS Future Of Unemployment Weekly Jobs Report

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Unemployment update, Unemployment Benefits Update, Unemployment Extension update veterans unemployment jobs hiring extended unemployment Thursday, November 19th, 2020 (11-19-20).

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I hope you’re having a great Thursday, as it’s time to dig into the weekly jobs report from our good pals at the Department of Labor.

This week’s report displays some bad, but not terrible news for the economy, as the actual unemployment figures were higher than last week, and underperformed the estimates of those DOW Jones economists.

The weekly report showed that 742,000 Americans filed their first time unemployment claims, which is up from the previous week’s 709,000 initial claims.

These numbers are also higher than the 710,000 initial claims predicted by economists, and breaks the streak of 4 consecutive weeks of decreasing initial unemployment claims.

While I’d like to see fewer people each week filing for their first time claims, at least we aren’t seeing the horror show of millions of Americans claiming initial unemployment benefits like back in August.

Meanwhile, a recent report from Glassdoor outlined the jobs that might take some time to fully recover from that thing out there, with slower hiring rates than other industries.

Glassdoor’s chief economist Andrew Chamberlain explained: “The dual health and economic crisis has caused a very different recession from past downturns and the recovery will be no different.”

He continued: “As the pandemic shifts consumer behavior and workplace habits certain jobs may not return en masse for years, if ever.”

With most of the jobs outlined falling into two categories: personal service and administrative roles, here are some of the positions that could be tough to find in the 2021 job market.

First on their list, with a 70% decrease in jobs this year, are health care audiologists.

Second are event coordinators with 69% decrease, third are product demonstrators with 63% decrease, fourth are opticians with 61% decrease, and rounding out the top five are chefs with 56% decrease in jobs during the course of this year.

Finally, as so many of you have explained in the comments, unemployment systems in nearly every state are broken, old, ineffective and flat out terrible at providing millions of Americans with unemployment benefits during times of need.

If there’s one positive take away from 2020, it’s that states across America are in desperate need of an unemployment system upgrade, and are likely to receive these necessary improvements to fix their glaring holes and problems now that a light has been shined on the issue.

Senator Ron Wyden from Oregon recently stated that he is in favor of a widespread unemployment system upgrade, saying: “Now is the time to get ready for a long-term reform effort.”

With his goal of improving: “technology from the dark ages,” Wyden hopes that: “overhauling the technology will be at the heart of the agenda.”

If you still haven’t applied for unemployment assistance, what are you waiting for?

Check out your state’s PUA or UI website, upload your documents and employment history, and let them know that you’re currently out of work due to that thing out there.

For just 30 minutes of your time, you could be eligible to receive a backdated unemployment check for $10,000.

To all of the gig-workers, self employed, independent contractors, 1099 workers, even side hustlers,volunteers and freelancers, the US government did not forget about you, so get to know the PUA.

Don’t miss out on your chance to receive these amazing government unemployment benefits before they expire on December 31st.

Soure:





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