Tag Archives: extended unemployment benefits

Commemorate the CCC and WPA!

Wikipedia I write this on the morning that a recently-released Gallup poll revealed unemployment to be the number one concern of Americans, with almost three times as many people considering it to be a bigger problem than the deficit (23% versus 8%). For those joining us late, I’ve been posting about the subject of unemployment […]

Where is Occupy Wall Street on Extended Unemployment?

My ire was stirred a week or so ago by an article in Huff Post about the end of long-term unemployment benefits. For those of you joining late, the Congress left town in December for the Holiday recess without renewing extended unemployment benefits, which expired on December 28. The article itself was pretty straightforward. They interviewed a […]

Huzzah! Unemployment fell to 6.7% (NOT)

Per the Bureau of Labor Statistics, we find that the US added a paltry 74,000 jobs in December (I’m assuming that’s seasonally adjusted and doesn’t include people hired for holiday retail). And yet despite that, the Unemployment rate fell to 6.7%. Huzzah!Praise be to Obama! Praise be to the fiscally responsible Republicans who refused to […]

Joblessness doesn’t pay

On the 28th of December, long term unemployment benefits expired. The Republican majority in Congress allowed this to happen even though a majority of Americans thought they should be continued. Depending on who you believe, this is the first time the US government has cut extended benefits with the long-term unemployment rate this high. Per the National […]