A sustained drop in Mississippi’s jobless rate has led the state to cut off emergency unemployment compensation to some unemployed workers who had previously qualified for the benefits.
The reason: Mississippi’s seasonally adjusted unemployment rate has fallen below the 9 percent level for a three-month period, triggering off Tier 4 Emergency Unemployment Compensation (EUC) benefits.
Triggers for each tier of EUC benefits are pre-determined by the legislation that established the program.
Emergency Unemployment Compensation is provided in four tiers as a claimant exhausts his regular compensation benefits. Tier 1 is available in all states to claimants who exhaust their regular unemployment benefits. Eligibility for the other tiers is based on a state’s 3-month Total Unemployment Rate (TUR).
Tier 2 triggers on when a state’s 3-month TUR is at least 6 percent.
Tier 3 triggers on when a state’s 3-month TUR is at least 7 percent.
Tier 4 triggers on when a state’s 3-monht TUR is at least 9 percent.
Anytime a state’s 3-month TUR falls below one of the thresholds, that tier triggers off as is the case for Tier 4 for Mississippi.
As a result of the change, claimants who did not establish Tier 4 eligibility on or before Jan. 13 will no longer establish Tier 4 eligibility. Claimants already eligible for Tier 4 EUC on or before Jan. 13 will receive the balance of their Tier 4 benefits.
Regions Financial (RF) reported fourth-quarter earnings that beat analysts’ estimates as its net interest margin, a gauge of lending profitability, widened, Bloomberg reports.
Net income was $265 million, or 18 cents a share, compared with a loss of $548 million, or 48 cents, a year earlier, when the lender posted a non-cash charge tied to the sale of the Morgan Keegan brokerage, the Birmingham-based bank said Tuesday in a statement. Excluding some one-time items, profit was 22 cents, compared with the 21-cent average estimate of 26 analysts surveyed by Bloomberg.
Regions’ net interest margin, the difference between what it pays on deposits and charges for loans, widened to 3.1 percent from 3.08 percent in both the third quarter and a year earlier. told investors in November the bank’s margin could widen or narrow by two basis points. Loan growth is expected to be in the low single digits in 2013, Regions said Tuesday in a slide presentation.
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The Daily Beast looks at access to abortion services in America, identifying and confirming the location—though not the address—of the country’s remaining 724 clinics, and calculating the distance to the closest clinic in every part of the country. By Michael Keller and Allison Yarrow.
In the four decades since Roe v. Wade, states have enacted hundreds of provisions restricting access to abortion services—the majority of which were legislated in 2011 and 2012. In many cases, these provisions, such as mandatory wait times, make it more difficult for women seeking abortions, and in other cases have caused clinics to close. The most recent abortion-provider census data assembled by the Guttmacher Institute dates back to 2008, and found about 850 clinics.
The Daily Beast gathered its own data and called more than 750 clinics, to confirm their locations and the number of weeks of pregnancy through which they offered abortions. We focused on clinics and doctor’s offices whose primary businesses are abortion services.
Click below to see the map showing as-the-crow-flies distance to the nearest clinic from every part of the country. Hover over an area with your cursor to see the distance between where you are and the nearest clinic. Click on the “Points of Interest” boxes to read about different areas and see what laws are in effect that regulate abortion. You can also overlay census data showing where the population of women of reproductive age (15–44) live.
>> Click here to read …
>>WATCH MBJ-TV: Video journalist Stephen McDill talks with Right to Life director Terri Herring about upcoming anti-abortion legislature at the Mississippi State Capitol.