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The welfare trap (aka the welfare cliff, unemployment trap, or poverty trap in British English) theory asserts that taxation and welfare systems can jointly contribute to keep people on social insurance because the withdrawal of means-tested benefits that comes with entering low-paid work causes there to be no significant increase in total income.
Unemployment in the US by state (and 2 cities) for FY 2021 Unemployment by County (November 2021) Unemployment in the United States discusses the causes and measures of U.S. unemployment and strategies for reducing it. Job creation and unemployment are affected by factors such as economic conditions, global competition, education, automation ...
There are many domestic factors affecting the U.S. labor force and employment levels. These include: economic growth; cyclical and structural factors; demographics; education and training; innovation; labor unions; and industry consolidation [2] In addition to macroeconomic and individual firm-related factors, there are individual-related factors that influence the risk of unemployment.
But some analysts believe the rise may be due to other causes as well. The latest week's numbers brought initial claims to a seasonally adjusted 496,000. Analysts polled by Thomson Reuters had ...
The jobless rate jumped from 6.2% in December 2021 to 6.7% in January in the Farmington Metropolitan Statistical Area.
While some states saw a huge increase, others kept poverty rates at pre-pandemic levels — largely because they provided unemployment benefits to a higher share of their populations.
Underemployment is a significant cause of poverty [citation needed] as pay may be insufficient to meet basic needs. It has been associated with OECD wage stagnation . [ 3 ] Underemployment is a problem particularly in developing countries , where the unemployment rate is often quite low, as most workers are doing subsistence work or occasional ...
That's according to New Mexico Department of Workforce Solutions data for March, which shows the unemployment rate last month in the state was 3.8% — a drop from 3.9% in February — and a ...