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Japan's 2011 Earthquake and Tsunami: Economic Effects and Implications for the United States

Posted Thu, 03/31/2011 - 00:00

Japan™s 2011 Earthquake and Tsunami: Economic Effects and Implications for the U.S. Congressional Research Service 1 Overview The March 11, 2011, earthquake and tsunami that occurred in Japan followed by a nuclear crisis and shortage of electricity is having a large negative economic impact on the country but a lesser effect on world markets. Japan has lost considerable physical and human capital.

Temporary Extension of Unemployment Benefits: Emergency Unemployment Compensation (EUC08)

Posted Tue, 11/17/2009 - 01:00

In July 2008, a new temporary unemployment benefit, the Emergency Unemployment Compensation (EUC08) program, began. The program's authorization ends on January 3, 2012. EUC08 was created by P.L. 110-252, and it has been amended by P.L. 110-449, P.L. 111-5, P.L. 111-92, P.L. 111-118, P.L. 111-144, P.L. 111-157, P.L. 111-205, and P.L. 111-312. Most recently, P.L. 111-312 extends the authorization of the EUC08 program, but does not change the structure of the program or augment benefits.