Economic growth strong enough to close 2nd temporary unemployment
insurance program
Long-term
unemployed should visit IllinoisJobLink.com
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[June 15, 2012]
CHICAGO --
A federally funded unemployment insurance program called Emergency
Unemployment Compensation Tier 4, or EUC4, will end on June 23,
according to the Illinois Department of Employment Security. The
program ends because specific economic improvements identified by
Congress have been achieved.
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As a result, EUC4 will not be available to individuals who complete
EUC3 after June 23. Most individuals who collected through EUC3
received benefits for 73 weeks. Those who qualified for EUC4 as of
June 23 can continue to collect under the program. EUC4 generally
lasts six weeks. The Extended Benefit program, which provided 20
weeks of benefits for those who qualified and who completed EUC4,
ended May 12 after unemployment rates fell below the levels they
reached in the previous three years."Our economy is improving.
Overall job growth should remain positive, as it has for more than
two years, despite uneven monthly reports," said IDES Director Jay
Rowell said. "Illinoisjoblink.com is one reason for optimism. There
are more than 100,000 jobs available at the state's no-cost job
board for workers and businesses alike."
![](http://archives.lincolndailynews.com/2012/Jun/15/images/ads/current/picturethis_sda061112.png)
The employment website links business job orders and resumes.
This no-cost, online career resource allows individuals to create
multiple resumes that emphasize different talents and allows
businesses to search for specific skills. The keyword matching
technology increases the likelihood of a successful new hire.
Illinois JobLink emphasizes Illinois jobs, scrapes other commercial
job boards and compares favorably with private efforts that cost
hundreds of dollars.
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Illinois has added 142,100 jobs since January 2010, when job growth
returned after nearly two years of consecutive monthly declines. The
unemployment rate peaked at 11.4 percent in January 2010. The April
rate, the latest available, was 8.7 percent. The rate has fallen for
eight consecutive months.
Up to 99 weeks of unemployment insurance potentially was
available prior to congressional action in February. Regular
benefits lasted 26 weeks. EUC Tiers 1, 2, 3 and 4, funded by the
federal government, lasted 53 weeks. The Extended Benefit program
lasted 20 weeks. The EUC program will end Dec. 29, according to
current federal law. EUC tiers were enacted at various times under
Presidents Bush and Obama.
[Text from
Illinois
Department of Employment Security
file received from
the
Illinois Office of
Communication and Information]
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