RISEP: Florida’s Long-Term Unemployment Crisis and Unemployment Compensation Cuts

Topics: , , , ,

Florida Public Employees

RISEP

January 6, 2014

Provided by: Research Institute on Social and Economic Policy – FIU

January 6, 2014: The Research Institute on Social and Economic Policy (RISEP) at the Florida International University (FIU) today releases a white paper exploring the impact of Congress’ recently passed budget cutting long-term unemployment benefits on our state.

RISEP’s Ali Bustamante analyzed data from various sources to produce the report, which can be accessed on our webpage at http://www.risep-fiu.org/2014/01/florida%E2%80%99s-long-term-unemployment-crisis-and-recent-unemployment-compensation-cuts/
Mr. Bustamante writes, “data from the U.S. Bureau of Labor Statistics Florida’s workers had the highest duration of unemployment among all U.S. states in 2011 and in 2012. In fact, in 2012, the average unemployment tenure in Florida was 44 weeks, about 10 months, while 34% of the unemployed were unemployed for more than one year ….Florida’s average and median unemployment duration also ranked highest in the country in 2011 and 2012 and among the top 10 in 2009 and 2010.”  This analysis follows our 2013 State of Working Florida Report showing the same trend.  The paper also explores the overall impact of this loss on our economy as a whole.
RISEP publishes research and data on issues of concern to low and middle income workers and their families in Florida. Our work focuses on working conditions, low wage workers, working poverty, living wage law and minimum wage laws, and high road development.
For more information or to speak with Mr. Bustamante, contact him at albustam@fiu.edu or RISEP at 305.348.1519.
End
FIU

Both comments and pings are currently closed.

Comments are closed.

About Us | Free Registration | Membership Benefits | Wellness | Discounts & Freebies | Legislative Arena | Submit News | Local Heroes | Contact Us | Privacy Policy
You might also likeclose