- NC Policy Watch - http://www.ncpolicywatch.com -

Monday numbers

[1]

80,000—number of unemployed workers in North Carolina who would lose the federally-funded extension of unemployment benefits July 1st under the proposal currently before the General Assembly (Fact Sheet on House Bill 4, N.C. Justice Center, January 2013)

25 million—amount in dollars of federal money coming into North Carolina every week that the state would lose under the proposal currently before the General Assembly (Ibid)

0—number of states that have rejected federally-funded extensions of unemployment benefits for the long-term unemployed (Ibid)

3—number of unemployed workers for every job available in North Carolina (Ibid)

25—percentage of unemployed workers in North Carolina who currently receive unemployment benefits (Ibid)

296—amount in dollars of the average monthly unemployment insurance benefit in North Carolina (Ibid)

26—maximum number of weeks laid off workers in North Carolina may receive unemployment benefits under current law (Overhauling the State’s Unemployment Insurance System: New Proposal Takes NC from the Middle of the Pack all the Way to the Back, N.C. Justice Center, January 2013)

43—number of states that pay a maximum of 26 weeks of unemployment benefits (Ibid)

20—maximum number of weeks laid off workers in North Carolina could receive unemployment benefits under sliding scale in the proposal currently before the General Assembly (Ibid)

12—maximum number of weeks some laid off workers in North Carolina could receive unemployment benefits under sliding scale in the proposal currently before the General Assembly (Ibid)

1—number of states that currently have a sliding scale for maximum length of benefit that begins as a low as 12 weeks (Ibid)

5—rank of North Carolina’s current unemployment insurance system among the 50 states in favorability to business (Tax Foundation, 2013 State Business Climate Index: Unemployment Insurance Tax Component)

33—rank of South Carolina’s current unemployment insurance system among the 50 states in favorability to business (Ibid)

38—rank of South Virginia’s current unemployment insurance system among the 50 states in favorability to business (Ibid)

0.1—percentage of total business costs represented by unemployment insurance taxes (North Carolina Businesses are Not Hindered by Unemployment Insurance taxes. N.C. Justice Center, January 2013)

658 million—amount in dollars of the cuts to unemployment benefits payouts per year in the proposal now before the General Assembly (Ibid)

1 billion—amount in dollars of the potential decline in economic impact in North Carolina from the cuts in benefits in the proposal now before the General Assembly (Ibid)