our mission the mission of the employment security commission is to promote and sustain the economic...
Post on 20-Jan-2016
216 views
TRANSCRIPT
Our MissionOur Mission• The mission of the Employment Security Commission is
to promote and sustain the economic well being of North Carolinians in the world marketplace by providing high quality and accessible workforce-related services.
• The Commission provides employment services, unemployment insurance, and labor market information to the State’s workers, employers, and the public.
• These services promote economic stability and growth, development of a skilled workforce, and a world class economy for North Carolina.
North Carolina System StatisticsNorth Carolina System Statistics
Highest benefits in the Southeast ($505)
Twentieth lowest duration (13.3 weeks)
Total UI Benefits Paid in 2008 ($1.3 Billion)
Individuals receiving at least 1 check in 2008 (414,992)
Low Taxes for New BusinessLow Taxes for New Business
North Carolina taxes new companies at the rate of 1.2%, a rate that is among the lowest in the country.
North Carolina taxes new companies at the rate of 1.2%, a rate that is among the lowest in the country.
1.2%
ESC Support for Training ESC Support for Training and the Communityand the Community
During 2008, ESC issued training support payments to almost 17,000 individuals totaling more than $58.5 million through a variety of programs.
• Trade Adjustment Act (TAA): ESC paid $11.5 Million to training institutions for tuition, books and other fees. Also paid additional $3.7 Million in transportation cost.
In addition, ESC collected over $ 22 Million in court-ordered child support payments during the year.
The Employment ServiceThe Employment Service
Employment ServiceEmployment Service Operates under State/Federal Guidelines State/Federal Funding
The Employment Service Provides: Job Search/Placement Assistance Intensive Reemployment Services Source of Qualified Labor to Employers Career Counseling for Workers Applicant Screening and Assessment Technical Services to Employers
Total New JobseekersTotal New JobseekersProgram Year July 1, 2008 thru July 31, 2009Program Year July 1, 2008 thru July 31, 2009
267,262 (new)362,984 (available)
ESC Places Special Emphasis on Assisting ESC Places Special Emphasis on Assisting Specific Categories of WorkersSpecific Categories of Workers
Veterans (Priority of Service)
Work First Participants
Agricultural Workers (H2A)
The Disabled
Younger Workers
Older Workers
Ex-Offenders
States with the HighestStates with the HighestUnemployment Rates June 2009 Unemployment Rates June 2009
(Seasonally Adjusted)(Seasonally Adjusted)
Labor Force Unemployment Rate
Michigan 4,871.6 15.2
Rhode Island 569.7 12.4
Oregon 1,982.1 12.2
South Carolina 2,193.7 12.1
Nevada 1,400.5 12.0
California 18,494.4 11.6
Ohio 5,968.0 11.1
North Carolina July 4,536.8 11.0
United States July 154,504.0 9.4
North Carolina Labor ForceNorth Carolina Labor ForceNorth Carolina Labor ForceJanuary 2008 – July 2009
(Seasonally Adjusted)
January 2008B
July2009P
NetChange
PercentChange
Labor Force 4,516,900 4,536,813 19,913 0.4%
Employment 4,289,193 4,039,946 -249,247 -5.8%
Unemployment 227,707 496,867 269,160 118.2%
Unemployment Rate 5.0 11.0 6.0 XXX
North Carolina Industry EmploymentJanuary 2008 – June 2009
(Seasonally Adjusted, In Thousands)
IndustryJanuary
2008B
June 2009P
Net Change
Percent Change
Total Nonfarm 4,167.7 Jy 3,911.7 -256.0 -6.0%
Goods Producing 786.1 643.9 -142.2 -18.1%
Service Providing 3,381.6 3,303.1 -78.5 -2.3%
Natural Resources & Mining 6.8 6.4 -0.4 -5.9%
Construction 249.5 193.9 -55.6 -22.3%
Manufacturing 529.8 443.6 -86.2 -16.3%
Durable Goods 285.0 227.3 -57.7 -20.2%
Non Durable Goods 244.8 216.3 -28.5 -11.6%
IndustryJanuary
2008B
June 2009P Net Change
Percent Change
Trade, Trans, Warehousing & Utilities 780.3 733.6 -46.7 -6.0%
Wholesale Trade 183.5 172.4 -11.1 -6.0%
Retail Trade 468.9 447.8 -21.1 -4.5%
Transportation, Warehousing, & Utilities 127.9 113.4 -14.5 -11.3%
Information 72.1 67.3 -4.8 -6.7%
Financial Activities 212.7 199.8 -12.9 -6.1%
Finance & Insurance 158.9 151.0 -7.9 -5.0%
Real Estate & Rental Leasing 53.8 48.8 -5.0 -9.3%
Professional & Business Services 506.6 465.8 -40.8 -8.1%
Professional, Scientific & Technical 188.0 180.2 -7.8 -4.1%
Management of Companies 75.2 75.0 -0.2 -0.3%
Administrative & Waste Management 243.4 210.6 -32.8 -13.5%
Educational & Health Services 532.6 542.4 9.8 1.8%
Educational Services 77.3 82.1 4.8 6.2%
Health Care & Social Services 455.3 460.3 5.0 1.1%
Leisure and Hospitality Services 400.6 390.1 -10.5 -2.6%
Arts, Entertainment & Recreation 53.2 51.4 -1.8 -3.4%
Accommodation & Food Services 347.4 338.7 -8.7 -2.5%
Other Services 180.0 175.0 -5.0 -2.8%
Government 696.7 729.1 32.4 4.7%
Federal 64.3 67.1 2.8 4.4%
State 197.5 190.6 -6.9 -3.5%
Local 434.9 471.4 36.5 8.4%
Unemployment Unemployment InsuranceInsurance
Purpose:
To provide temporary assistance to those who have lost their jobs through no fault of their own
To help stabilize the economy in times of economic downturn
From Jan. 2008 – Dec. 2008, the Employment From Jan. 2008 – Dec. 2008, the Employment Security Commission paid UI benefits of over Security Commission paid UI benefits of over $1.3 Billion to almost 415 thousand individuals.$1.3 Billion to almost 415 thousand individuals.
From August 2008 – July 30, 2009, ESC has From August 2008 – July 30, 2009, ESC has paid over $ 3.43 Billion to 240,596+ individuals. paid over $ 3.43 Billion to 240,596+ individuals. Over $2.32 Billion of this has been regular UI Over $2.32 Billion of this has been regular UI BenefitsBenefits
Benefits in NCBenefits in NC
Average Weekly Benefit (July 2009): $302.50
Current Maximum Weekly Amount: $505.00
Maximum Base UI if Benefits are Exhausted: $13,130
Percent of Claimants Exhausting Benefits: 50.4%
National Average for Exhausting Benefits: 41.5%
North Carolina has the
20th lowest average
duration of unemployment
in the nation at 13.3 weeks
in July 2009. The national
average length of an
unemployment claim is
14.9 weeks.*
* Data for 2008
UI DurationUI Duration
Federal Extension of BenefitsFederal Extension of Benefits
Base Unemployment Insurance (26 weeks) Extended Unemployment Compensation (EUC
Tier I) (20 Weeks) Extended Unemployment Compensation (EUC
Tier II) (13 Weeks) Federal Additional Compensation (FAC $25/wk) Extended Benefits (EB) and EB HUP (20 Weeks)
The Unemployment Insurance The Unemployment Insurance Trust FundTrust Fund
Normal Trust Fund Monetary FlowNormal Trust Fund Monetary Flow
Trust Fund Interest
EmployerContributions
Trust Fund
Benefits Paid
Trust Fund
Current Trust Fund Monetary FlowCurrent Trust Fund Monetary Flow
Trust Fund Interest
EmployerContributions
Benefits Paid
Federal LoansInterest free thru 2010
State Reserve
Fund
Trust Fund and Federal Loan Trust Fund and Federal Loan Balance Balance
Trust Fund Balance July 30, 2009
-$885.8 million *Federal Loan Balance July 30, 2009
$891.0 million *
Note: Federal Loans are interest free until Jan. 1, 2011
*Changes daily
Labor Market Labor Market InformationInformation
Provides timely statistical data
on employment, wages,
occupational trends, fringe
benefits and other subjects to
economic planners,
government agencies, job
seekers and employers through
a variety of means.
(NCESC.COM)
Labor Market InformationLabor Market Information
LMI Publications & ProductsLMI Publications & Products NC Today Registered Applicants and Job Openings Occupational Employment and Wages Map Jobs Employment and Wages in North Carolina North Carolina’s Largest Employers Unemployment Rates and Civilian Labor Force Estimates Industry and Occupational Projections Local Area Occupational Wages Mass Layoff Statistics Announced Business Closings and Layoffs
ESC Online ApplicationsESC Online Applications
Job Orders Attached Claims UI Tax Filings UI EFT Tax Payment Voluntary Contribution Tax Calculator Estimated Benefits Calculator Trade Readjustment Act (TRA) Initial Claims and Weekly Certifications for
Unemployment Insurance Registration for Work
ARRA FUNDSARRA FUNDS
Unemployment Insurance Special Administrative Transfer ($14,647,397)
Wagner-Peyser Act and Reemployment Service ($11,091,396)
Unemployment Insurance Modernization Incentive Payments ( 1/3 - $68,354,517)
( 2/3 - $136,709,035)
Trade Adjustment Assistance ($43.9 million)
