1.5 million could lose benefits by end of year, according to group's research
Over the coming months, as many as 1.5 million jobless Americans will exhaust their unemployment insurance benefits, ending what for some has been a last bulwark against foreclosures and destitution.
Because of emergency extensions already enacted by Congress, laid-off workers in nearly half the states can collect benefits for up to 79 weeks, the longest period since the unemployment insurance program was created in the 1930s. But unemployment in this recession has proved to be especially tenacious, and a wave of job-seekers is using up even this prolonged aid.
Tens of thousands of workers have already used up their benefits, and the numbers are expected to soar in the months to come, reaching a half-million by the end of September and 1.5 million by the end of the year, according to new projections by the National Employment Law Project, a private research group.
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8 comments:
Doesn't it make YOU wonder where ALL of YOUR money went????????
After all, YOU paid into the program to assure you were covered for each and every employee in the United States!
good... people need to get up and get jobs
unemoplyment for life... benefits for life... hey why work at all.
Socialism, then communism.. which leads to dictatorship which leads to horrifying life
I've paid premiums for this insurance policy for 40 years now. I t had better be there for me now, or someone stole something from me.
Anon, 1:04 show me the jobs there are in Salisbury, I have an associate in computer science and bachlors business, what jobs Mcdonalds? I don't think so, I will draw unemployment to the very end.
I have only needed it once or twice in my lifetime thankfully.If I had to go on it today,it would barely put a dent in my monthly bills.Its better than nothing but unless you have very little "overhead" it is not enough to coast along on.Nevertheless,there are those who take advantage of it.
Anon605 - Well sounds like you might have to leave the area, huh? Get a security clearance and move away.
11:03, leave the area with 3 kids I don't think so. If Salisbury didn't chase big businesses away there would be more than just retail jobs.
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