Home Tags Jim mcDermott

Tag: jim mcDermott

Unemployment benefits extension no help for growing numbers of jobless

Late Thursday afternoon, President Obama signed into law a bill granting workers out of a job for more than 26 weeks additional unemployment insurance payments, paid for by the federal government. The benefits had been in place since November 2009, but had lapsed for seven weeks — an unprecedented hiatus, given the 9.5 percent unemployment rate. The bill, held up in the Senate by Republicans concerned about the deficit, makes benefits retroactive to June 2 and forward to Nov. 30. In states with higher than 8 percent unemployment, workers will continue to receive up to 99 weeks of benefits.

Study: Millions to lose unemployment benefits

For millions of unemployed workers, the recession is poised to go from bad to worse. More than 3.2 million laid-off Americans will prematurely exhaust their unemployment insurance in the first quarter of next year unless Congress intervenes, an advocacy group warned Monday.

Jobless benefits extension muddled by lawmaker wrangling

Mike Lillis at the Washington Independent sends the following dispatch from the frontlines in the partisan war to extend benefits to the vast ranks...