It is amazing what the loss of a job can do to you.
Tag Archives: unemployment
So the Republicans and Democrats agreed on a deal to extend long-term unemployment insurance benefits — defying predictions of another cliffhanger or worse.
Also extended, as you’ve probably read, were the employee payroll tax cut and the “doc fix” to avert huge cuts in Medicare reimbursements. As you may not have read, some programs for low-income people got a new, temporary lease on life as well.
Huffington Post blogger Arthur Delaney has been hammering on an important fact about the just-passed temporary extension of long-term unemployment insurance (UI) benefits. It won’t fully extend benefits for everyone who’s getting them now.
By the time the temporary extension expires, workers in 11 states will have lost their benefits, he writes, even though they won’t have reached the maximum they’d have been entitled to in early December.
I’m not acutely distressed by the fact that Super Committee members couldn’t cut a deal.
The Democrats had moved so far to the right that whatever deal got enough Republicans on board would probably have been worse than the automatic spending cuts the no-deal will trigger — assuming Congress lets them happen.
In one respect, however, the stalemate disappoints me.
Editor’s note: With high unemployment and low job-growth, cartoonist Jack Compere highlights the hypocrisy of those who yell “get a job” at out of work people struggling to make ends meet in a dirth of opportunity.
Another month, another bad jobs report from the Bureau of Labor Statistics. You’ve probably already read the top-line figures, but maybe not all these.
The unemployment rate is still stuck at 9.1%. Nearly 14 million people officially unemployed last month — about the same as in August.
An additional 1 million who looked for work during the past 12 months but gave up because they felt it was futile. Presumably lots who gave up earlier and so didn’t get counted as “discouraged.”
If you need a job, they don’t want you. Period.
For about a month this spring, NELP reviewed job postings on four of the biggest online sites. It looked for postings identified by employer or staffing agency while also, it says, “seeking a diverse sample from across the United States.” This, I take it, means that it didn’t look at all postings from an identifiable source.
My initial comments on the proposed JOBS Act focused mainly on what it could mean for long-term jobless workers. No more cash income from unemployment insurance benefits. Probably fewer job opportunities than they’ve got now since none of the alternative uses of the federal funds has as much bang-for-the-buck job creation power as UI benefits themselves. But […]