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Number of the Week: Millions Set to Lose Unemployment Benefits

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Donnachaidh Donating Member (1000+ posts) Send PM | Profile | Ignore Sat May-07-11 11:51 AM
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Number of the Week: Millions Set to Lose Unemployment Benefits
http://blogs.wsj.com/economics/2011/04/30/number-of-the-week-millions-set-to-lose-unemployment-benefits/

5.5 million: Americans unemployed and not receiving benefits

The job market may be on the mend, but that’s not much consolation to millions of Americans facing a frightening deadline: the end of their unemployment benefits.

The country’s unemployment rolls are shrinking fast, after expanding sharply last year as the government extended benefits to ease the pain of a deep economic slump. As of mid-March, about 8.5 million people were receiving some kind of unemployment payments, down from 11.5 million a year earlier, according to the Labor Department.



:snip:

Many Americans, though, are simply running out of time. As of March, about 14 million people were unemployed and looking for work, according to the household survey. At the time the survey was done, about 8.5 million were receiving some kind of unemployment payments, according to the Labor Department’s Employment and Training Administration. That leaves about 5.5 million people unemployed without benefits, up 1.4 million from a year earlier.

More at the link --
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sasha031 Donating Member (1000+ posts) Send PM | Profile | Ignore Sat May-07-11 12:04 PM
Response to Original message
1.  unemployment benefits should not expire
if Europeans can do it why can't we take care of our own citizens.
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ReturnoftheDjedi Donating Member (839 posts) Send PM | Profile | Ignore Sat May-07-11 12:05 PM
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2. is this your attempt to counter a good jobs report??
give us a break.
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former9thward Donating Member (1000+ posts) Send PM | Profile | Ignore Sat May-07-11 12:54 PM
Response to Reply #2
3. Apparently your post is an attempt to counter a poor unemployment report.
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Donnachaidh Donating Member (1000+ posts) Send PM | Profile | Ignore Sat May-07-11 01:55 PM
Response to Reply #2
4. didn't know there was openings in the posting monitor office
try another flavor of koolaid dear :sarcasm:

Sorry this article doesn't pass your inspection. :eyes:
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