Albany, October 4, 2009: New York state unemployment NYS unemployment NYS dept of labor.
Governor Paterson announced today that New York State will receive approximately $4.5
million in federal grant funds for 2009 under the national Reemployment and Eligibility
Assessment (REA) initiative of the US Department of Labor. The REA initiative is designed
to help people receiving unemployment insurance get back to work faster by providing them
with individualized job search and training services. The money comes from federal funds
that support the administration of unemployment insurance.
“Because of the economic turmoil New York has faced during the past 18 months, I have made it a priority that we do everything within our power to protect the most vulnerable New Yorkers, including the unemployed. These grants demonstrate that the federal government has recognized and rewarded those efforts,” said Governor Paterson. “New York was one of the first states to try this individualized approach to helping the unemployed get back to work faster, and we are thrilled to have an opportunity to expand this promising program. I want to thank President Obama and Secretary Solis for providing funding that will allow us to serve more workers through this program.”
REA grant funds support additional One-Stop Career Center staff who work one-on-one with
individuals receiving unemployment insurance. Staff will help workers determine what job hunting and training services they need, and then develop a job search plan customized to each person’s needs. Additionally, information on the local labor market is used to help focus the individual’s job search. Staff will continue to follow-up with each worker throughout the job search process, until the worker gets a job or exhausts his or her unemployment benefits.
Early results from the REA initiative are promising. For 2008, participants found jobs approximately two weeks faster than those in a control group. Putting New Yorkers back to
work more quickly not only benefits participants, but also saves the State money. In 2009,
New York could save approximately $10.4 million per year in payments from its Unemployment
Insurance Trust fund (based on the current average weekly unemployment insurance benefit rate of almost $316) if program participants find a job one week faster than those who do not participate.
State Labor Commissioner M. Patricia Smith said, “As this recession continues to drag on, we are doing everything we can to help unemployed workers get back to work and support themselves and their families. These grant funds will help us do that.”
Twenty-five states received awards that totaled $26.5 million under the REA initiative.
New York is one of nine states receiving grant funds that have previously participated in
the program. In 2008, New York received $647,000, which funded a model REA program in one
Local Workforce Investment Area. For 2009, New York received more than $4.5 million to
continue the model REA program and expand it to eight additional Local Workforce
Investment Areas throughout the state.
U.S. Senator Charles E. Schumer said: “For years, New York has been a leader in improving
the lives of its citizens. This federal funding recognizes our success, and allows us to
provide even more support to unemployed New Yorkers during these difficult economic times.
I am extremely proud to have worked so hard on behalf of New Yorkers to secure this funding and will continue to fight to ensure New Yorkers are well taken care of.”
U.S. Senator Kirsten Gillibrand said: “This is the right investment for New York. These federal dollars will help workers and families who have been hit the hardest by this economic downturn get back on track. I will continue working with Governor Paterson, Senator Schumer and the entire Congressional Delegation to make sure New York gets its fair share from the federal government to rebuild our economy.”
Congresswoman Yvette Clarke said: “Today, I am pleased to join Governor Paterson in announcing the Re-employment and Eligibility Assessment (REA) initiative. This program
provides the citizens of New York access to key federal resources, helping to combat the increase in unemployment that our nation faces. I strongly encourage our local leaders to apply for these grants, providing economic empowerment and job training for Brooklyn
residents. I commend the hard work of Secretary Solis and the Obama administration in joining me to specifically address the employment needs of the citizens of Brooklyn, New York.”
Congressman Eric Massa said: “Helping families get back on their feet during this recession is one of my top priorities. We all need to work together to help lower the unemployment rate and that's exactly what these funds are designed to do. Helping retrain workers is critical in this process and that's why I'm so proud to help make this announcement today.”
Congressman Paul Tonko said: “This federal grant money is supporting an innovative program
that will help improve the employment outcome for New Yorkers. I congratulate Governor
Paterson and the New York State Department of Labor for doing everything in their power to
help the unemployed get back on their feet.”
Congressman Edolphus “Ed” Towns said: “Reducing our unemployment rate is critical to
rebuilding our economy. This grant will provide those most severely affected by the recession personalized access to the tools and guidance necessary to find a job.”
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Sunday, October 4, 2009
Advice for Young, Jobless College Graduates
For many recent college graduates, graduation may have been the last sure thing they knew
about their budding careers. Stepping off the stage, degrees conferred, they emerged from
colleges and universities into one of the worst job markets since the Great Depression. And that uncertainty takes its toll.
There’s the anxiety that comes from being educated and jobless. There’s the guilt from taking financial subsidies from already struggling parents. And then there’s the worry of not being able to pay many thousands of dollars in student loans. Like other ailments of the ego, sometimes, group therapy helps assuage the condition.
At a forum hosted by the Century Foundation, a policy research organization, in Manhattan on Wednesday, the sum of these fears was embodied by the audience — mostly summer interns
and recent college graduates — as they took advice from a panel of experts assembled to explain reasons and solutions for their post-graduate employment pain.
On the panel were a writer, a policy analyst, an economist and the leader of a youth advocacy group. At first, it seemed as though nothing but waves of gloom were rolling off the panel. “There is $684 billion in unpaid student loans,” said the writer, Anya Kamenetz, author of “Generation Debt: The New Economics of Being Young.”
The policy analyst, Edwin W. Koc of the National Association of Colleges and Employers, said in his research, he was searching for bright spots in the employment picture for young professionals. “Basically,” he said, “We didn’t find any.”
The economist, William M. Rodgers III of Rutgers University, shared an anecdote on how he
and his wife landed tenure-track jobs in the same department. “We were able to use her network,” he said. And Matthew Segal, a 2008 graduate of Kenyon College and the executive director of the Student Association for Voter Empowerment, asked for all the unpaid interns in the room to raise their hands. Half the audience gave a signal, and shared a nervous laugh of
camaraderie.
Toward the back of the room, Tufts University student Sara Mishra, an unpaid intern working in New York this summer, muttered something to a friend seated next to her. “All I’m getting from this is depressing,” she said. “But, oh well.” Later, she explained: “To be fair, that’s what it is. They’re just telling us the facts.”
But the panelists at the forum, titled “Out of College and Out of Work: Good Employment Policy for a Bad Economy,” did their best to make light of the seemingly endless string of bad news and rejection letters facing the current cohort of recent graduates.
Ms. Kamenetz pointed out that compared to many other groups of people, college graduates,
even if their dream jobs need to be deferred for a year or so, are one of the best-placed groups to weather an economic meltdown.
Few need to worry about supporting families, or paying for mortgages on drasticallydevalued homes. Their 401(k)’s didn’t take much of a hit, since most college students didn’t have one to begin with. And compared to other young people who skipped college entirely, unemployment rates for degree-holders is more than half that of their less educated peers.
“Education is the greatest hedge against joblessness,” Mr. Rodgers said. And the fact that the forum took place to begin with is a sign that young people are not taking their gloomy job prospects laying down. The event was the brainchild of Julia Mellon, a 19-year-old junior at Washington University, who is an intern at the Century Foundation this summer.
“A topic like youth unemployment that hits close to home motivates my generation to be active in politics,” Ms. Mellon said.
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about their budding careers. Stepping off the stage, degrees conferred, they emerged from
colleges and universities into one of the worst job markets since the Great Depression. And that uncertainty takes its toll.
There’s the anxiety that comes from being educated and jobless. There’s the guilt from taking financial subsidies from already struggling parents. And then there’s the worry of not being able to pay many thousands of dollars in student loans. Like other ailments of the ego, sometimes, group therapy helps assuage the condition.
At a forum hosted by the Century Foundation, a policy research organization, in Manhattan on Wednesday, the sum of these fears was embodied by the audience — mostly summer interns
and recent college graduates — as they took advice from a panel of experts assembled to explain reasons and solutions for their post-graduate employment pain.
On the panel were a writer, a policy analyst, an economist and the leader of a youth advocacy group. At first, it seemed as though nothing but waves of gloom were rolling off the panel. “There is $684 billion in unpaid student loans,” said the writer, Anya Kamenetz, author of “Generation Debt: The New Economics of Being Young.”
The policy analyst, Edwin W. Koc of the National Association of Colleges and Employers, said in his research, he was searching for bright spots in the employment picture for young professionals. “Basically,” he said, “We didn’t find any.”
The economist, William M. Rodgers III of Rutgers University, shared an anecdote on how he
and his wife landed tenure-track jobs in the same department. “We were able to use her network,” he said. And Matthew Segal, a 2008 graduate of Kenyon College and the executive director of the Student Association for Voter Empowerment, asked for all the unpaid interns in the room to raise their hands. Half the audience gave a signal, and shared a nervous laugh of
camaraderie.
Toward the back of the room, Tufts University student Sara Mishra, an unpaid intern working in New York this summer, muttered something to a friend seated next to her. “All I’m getting from this is depressing,” she said. “But, oh well.” Later, she explained: “To be fair, that’s what it is. They’re just telling us the facts.”
But the panelists at the forum, titled “Out of College and Out of Work: Good Employment Policy for a Bad Economy,” did their best to make light of the seemingly endless string of bad news and rejection letters facing the current cohort of recent graduates.
Ms. Kamenetz pointed out that compared to many other groups of people, college graduates,
even if their dream jobs need to be deferred for a year or so, are one of the best-placed groups to weather an economic meltdown.
Few need to worry about supporting families, or paying for mortgages on drasticallydevalued homes. Their 401(k)’s didn’t take much of a hit, since most college students didn’t have one to begin with. And compared to other young people who skipped college entirely, unemployment rates for degree-holders is more than half that of their less educated peers.
“Education is the greatest hedge against joblessness,” Mr. Rodgers said. And the fact that the forum took place to begin with is a sign that young people are not taking their gloomy job prospects laying down. The event was the brainchild of Julia Mellon, a 19-year-old junior at Washington University, who is an intern at the Century Foundation this summer.
“A topic like youth unemployment that hits close to home motivates my generation to be active in politics,” Ms. Mellon said.
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New York City Unemployment Rate Exceeds 10%
New York City’s unemployment rate jumped to 10.3 percent in August as the number of city
residents unable to find work rose to a record high of 415,800, state officials said on Thursday.
The city’s unemployment rate, up from 9.5 percent in July, is higher than the national
rate of 9.7 percent and much higher than the 8 percent reported for the rest of the state, the State Labor Department’s figures show. Gov. David A. Paterson and other state officials said that the new data emphasized how the financial crisis has devastated the financial services industry that was the main engine of the city’s growth in the last boom.
The recession may be over for the rest of the nation, as Ben S. Bernanke, the chairman of the Federal Reserve, has suggested, Mr. Paterson said, but New York is still caught in its throes.
“What he’s saying about the national recession doesn’t apply to us,” Mr. Paterson said at a news conference at the Borough of Manhattan Community college in Lower Manhattan. New York is going to face “tough sledding” for another year or more, he said.
The city’s unemployment rate was the highest since May 1993, the labor department said. The state’s unemployment rate rose to 9 percent in August, from 8.6 percent in July, remaining below the national rate. But the number of unemployed people in the state still rose to a record of 874,300, the figures show.
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residents unable to find work rose to a record high of 415,800, state officials said on Thursday.
The city’s unemployment rate, up from 9.5 percent in July, is higher than the national
rate of 9.7 percent and much higher than the 8 percent reported for the rest of the state, the State Labor Department’s figures show. Gov. David A. Paterson and other state officials said that the new data emphasized how the financial crisis has devastated the financial services industry that was the main engine of the city’s growth in the last boom.
The recession may be over for the rest of the nation, as Ben S. Bernanke, the chairman of the Federal Reserve, has suggested, Mr. Paterson said, but New York is still caught in its throes.
“What he’s saying about the national recession doesn’t apply to us,” Mr. Paterson said at a news conference at the Borough of Manhattan Community college in Lower Manhattan. New York is going to face “tough sledding” for another year or more, he said.
The city’s unemployment rate was the highest since May 1993, the labor department said. The state’s unemployment rate rose to 9 percent in August, from 8.6 percent in July, remaining below the national rate. But the number of unemployed people in the state still rose to a record of 874,300, the figures show.
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