Archive for race to the bottom

AND THEN WHAT? Prolonged Aid to Unemployed Is Running Out

Posted in Uncategorized with tags , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , on August 2, 2009 by highboldtage

AND THEN WHAT?  Prolonged Aid to Unemployed Is Running Out

ERIK ECKHOLM

Published: August 1, 2009

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.

http://urlet.com/strategies.fair

http://www.nytimes.com/2009/08/02/us/02unemploy.html?hp

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