Rutgers economist William Rodgers III (a former chief economist at the Department of Labor) and the Century Foundation’s Andrew Stettner built a model using these kinds of unemployment claims numbers to predict the unemployment rate. Plugging in the most recent claims data, they estimate a true unemployment rate in March of 17 percent. In some states, they find the unemployed share is far greater than that: 44.9 percent in Louisiana, 44.6 percent in New Hampshire, 34.6 percent in Pennsylvania.
Laurie Harrington named Executive Dir. of Heldrich Center
Laurie Harrington has been appointed Executive Director of the Heldrich Center for Workforce Development at Rutgers University. She has been serving as Acting Executive Director of the center since February 2024 and previously served as the center’s Assistant Director...