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Countdown to Unemployment Cliff, Implementation of State Unemployment Insurance Overhaul
Posted By Alexandra Sirota On June 24, 2013 @ 2:33 pm In NC Budget and Tax Center | Comments Disabled
As June 30 approaches so too does the unemployment cliff. For nearly a month, the Tarheel Workers campaign  has been highlighting the impending implementation of House Bill 4 that dismantled the unemployment insurance system and will result in the loss of federal emergency unemployment compensation. Immediately, an estimated 70,000 jobless workers in the state will lose access to the federal program as a result of state policymaker’s rush to implement the drastic cuts to state unemployment insurance benefits. 
Far more will be impacted though including future unemployed workers, businesses and the broader economy. The focus has rightly been on the unnecessary and significant loss of federal emergency unemployment compensation in North Carolina. But in the days ahead of the implementation of the most drastic changes to a state unemployment insurance system in the nation, we aim to highlight what this new, deformed system will mean for our communities and families.
Stay tuned for more.
Article printed from The Progressive Pulse: http://pulse.ncpolicywatch.org
URL to article: http://pulse.ncpolicywatch.org/2013/06/24/countdown-to-unemployment-cliff-implementation-of-state-unemployment-insurance-overhaul/
URLs in this post:
 Tarheel Workers campaign: http://tarheelworkers.org/
 Image: http://pulse.ncpolicywatch.org/wp-content/uploads/2013/06/1week.jpg
 Countdown to the Unemployment Cliff: North Carolina is Setting itself Apart: http://pulse.ncpolicywatch.org/2013/06/25/countdown-to-the-unemployment-cliff-north-carolina-is-setting-itself-apart/
 A Steep Fall for Families, the Economy: http://pulse.ncpolicywatch.org/2013/06/27/a-steep-fall-for-families-the-economy/
 ICYMI: What North Carolina’s Unemployment Cliff Means: http://pulse.ncpolicywatch.org/2013/06/30/icymi-what-north-carolinas-unemployment-cliff-means/
 Is there still time to reverse the UI cliff? Yes, there is.: http://pulse.ncpolicywatch.org/2013/07/22/is-there-still-time-to-reverse-the-ui-cliff-yes-there-is/
 HB4 will abandon forward financing, undermine the ability of the unemployment insurance system to protect the economy: http://pulse.ncpolicywatch.org/2013/06/27/hb4-will-abandon-forward-financing-undermine-the-ability-of-the-unemployment-insurance-system-to-protect-the-economy/
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