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Do you have a source for these statements about the law? I see no reference posted any time you make such statements about the extent of the law governing this issue.
NELP has a whole presentation on their website on this. It's easy to figure out, the 3 year look back was included with the Unemployment deal/Bush tax cuts. They Expire at the end of the year and so does the three year look back. It actualyl doesn't matter if the three look back expires or not, because come 2012 they would only be able to look back at 2009. There will be no eligibility for EB at that point, anyway you slice it unless NJ's unemployment rate stays at 9.1% or higher in 2012.
Last edited by JMT; 04-07-2011 at 07:19 PM..
Reason: Removed the bickering aimed at one particular poster.
I was reading through the thread and didn't see it mentioned so I guess I'll ask.
Does the trigger affect any of the extension tiers (I-IV) or strictly EB? I thought I remember reading somewhere that there is also a trigger for their tiers, please someone correct me if I am mistaken.
There are triggers or a trigger for tier 4, which is a trigger of your state must have a three month moving average of 8.5% unemployment rate. The triggers we are talking about is for EB
There are triggers or a trigger for tier 4, which is a trigger of your state must have a three month moving average of 8.5% unemployment rate. The triggers we are talking about is for EB
Thanks for the clarification.
Luckily, my state is currently well above that. However, it is a very worrisome that many are losing their benefits prematurely because of the perceived drop in the unemployment numbers. Because so many people are no longer counted in these statistics, as they should be, we are all going to suffer at some point eventually because of the methodology used to report these numbers.
I was reading through the thread and didn't see it mentioned so I guess I'll ask.
Does the trigger affect any of the extension tiers (I-IV) or strictly EB? I thought I remember reading somewhere that there is also a trigger for their tiers, please someone correct me if I am mistaken.
EUC Tier Triggers - Tier III and Tier IV are triggered by unemployment rates over the short term. A state must have an average unemployment rate of at least 6% over a three-month period to trigger Tier III; an average unemployment rate of at least 8.5% over a three-month period is required to trigger Tier IV.
EB Triggers - There are two requirements for EB address unemployment over two different time frames: • Shorter term - Measuring the unemployment rate over the most recent three-month period (at least 6% for EB, at least 8.0% for High EB).
• Longer term - Measuring the current unemployment rate against for the same three-month period over the past two years (current rate must be at least 110% higher).
i think i see tuck's point...The 3 Year Look Back (if passed for this "Long-Term 110% Requirement), will In 2012, look back to 2009, Unemp. rates, so the 2012 rates may not be 110% of the 2009 rates, thus triggering off EB. He wasn't referring to what percentage was federally Funded (as in NJ, this is really irrelevant), but the fact that the 110# trigger may no longer be met Then because the 2012 rates would essentially have to be 10% Higher Than Corresponding Period In 2009.....
Last edited by WALTERWALTER; 04-07-2011 at 07:44 PM..
i think i see tuck's point...The 3 Year Look Back (if passed for this "Long-Term 110% Requirement), will In 2012, look back to 2009, Unemp. rates, so the 2012 rates may not be 110% of the 2009 rates, thus triggering off EB. He wasn't referring to what percentage was federally Funded (as in NJ, this is really irrelevant), but the fact that the 110# trigger may no longer be met Then because the 2012 rates would essentially have to be 10% Higher Than Corresponding Period In 2009.....
i think many states will eventually be in that position and i wonder if there would be a consideration (at some level) to perhaps eliminate this 110% requirement......truthfully i hadn't even heard about it Until Very Recently, and don't Know if many gave it much thought..it isn't even mentioned on NJ's website....sorta came out of left field
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