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Iowa Workforce Development October 13, 2009
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Civilian Labor Force and Unemployment Rate by Gender Source: Current Population Survey 2008 Annual Averages (Preliminary) WomenMen
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Iowa’s Unemployment Statistics Unemployment Rate by Minority Group Source: Current Population Survey 2008 Annual Averages (Preliminary)
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Unemployment Insurance Claims & Benefits TYPE2 nd Quarter 20082 nd Quarter 2009 Initial/Additional Claims 54,81696,228 Continued Claims315,631657,386 Benefits Paid$87,569,293$210,341,184
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Unemployment Insurance Claims & Benefits TYPE3 rd Quarter 20083 rd Quarter 2009 Initial/Additional Claims 54,53094,158 Continued Claims298,250603,297 Benefits Paid$76,584,458$189,401,059
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Unemployment Insurance Claims & Benefits ProgramCY 2007CY 2008 Regular UI$329,564,128.12$417,788,649.44 Trade Readjustment Act $5,517,203.09$3,829,627.92 Disaster Unemployment Assistance $9,536.00$6,626,897.47 Extended Unemployment Compensation 2008 $0.00$54,533,775.33 TOTAL BENEFITS PAID $340,107,869.20$487,576,169.40
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Unemployment Insurance Claims & Benefits
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Polk County Total UI Benefits Paid RegularEmergencyEconomicTotal Unemployment StimulusBenefits Month Insurance ¹CompensationPayments ²Paid 2008 July4,435,496439,96004,875,456 August3,565,0451,936,64405,501,689 September3,699,1211,583,18205,282,303 Quarter 311,699,6623,959,786015,659,448 October4,608,9501,438,73706,047,687 November4,025,873927,93004,953,803 December7,933,5732,394,032010,327,605 Quarter 416,568,3964,760,699021,329,095 Year59,541,6998,720,485068,262,184 2009 January8,994,2572,196,399011,190,656 February9,862,1501,712,022011,574,172 March9,993,3231,773,772951,47512,718,570 Quarter 128,849,7305,682,193951,47535,483,398 April10,771,7043,584,1771,184,97515,540,856 May8,327,7903,439,423978,97512,746,188 June8,173,4933,622,513976,37512,772,381 Quarter 227,272,98710,646,1133,140,32541,059,425 Total84,390,77525,048,7914,091,800113,531,366 ¹ Includes regular UI and unemployment compensation for federal employees and military. ² Estimated based on number of weeks compensated times $25.
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How Does Education Pay Off for Iowa? Working-age residents with college degrees are 33% more likely to participate in the workforce than those with less than a high school diploma. Their earnings over a lifetime are almost twice as much – a substantial personal benefit as well as a benefit to the state with respect to more taxable resources, fewer health problems, lower rates of crime, and greater levels of civic engagement.
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Labor Force Participation by Educational Attainment in Iowa, 2009
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The Challenge: Iowa’s Working-Age Adults (18-64) with No College Degree Of 1,832,192 Working-Age Adults......1,202,127 have not completed college (associate’s degrees or higher) 65.6% of all working-age adult in Iowa
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Of 1,007,705 Working-Age Adults with No College Degree.. 183,219have not completed high school (or equivalent) 567,980have a high school diploma but have NOT entered college 256,507have completed some college 28,497speak little or no English 242,916live in families with combined incomes less than a living wage (twice the level of poverty)
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IWD’s Skills Upgrade Project Before the Recession, IWD projected that Iowa was going to be 150,000 skilled workers short Encouraging all Iowan’s – but especially unemployed Iowans – to consider “Up Skilling”
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Skills Upgrade Project, cont’d Letter sent to 75,000 Iowans on Unemployment Insurance to consider additional training UI Modernization – extended UI benefits for Iowans in training Microsoft – Elevate America Digital Literacy and GED classes in our workforce centers
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Questions & Contact Information Iowa Workforce Development Elisabeth Buck, Director 1000 E. Grand Avenue Des Moines, IA 50309 Elisabeth.Buck@iwd.iowa.gov
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