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 Over the past week a series of reports issued by the U.S. Government have, in the opinion of many economists, shown that the U.S. economy is not only slowing, but may actually be stalling. Over 14 million Americans are unemployed and many states are seeing unemployment rates that have not been seen → Read More  17 comments - (Comments are closed)  We have heard the arguments against unemployment extension by Republicans and those who oppose it. The main reason for their opposition, they contend, is the impact of jobless benefits on the nation’s growing budget deficit. The same argument is likely to be raised against the Tier 5 “Americans Want to Work Act” → Read More 19 comments - (Comments are closed)  The Tier 5 unemployment extension is on hold as the Senate takes a month-long break, but the economy continues to devolve as the days slip past. Long-known to job seekers and policy makers alike are the often-cited unemployment statistics: 9.5%, 16.5%, marginally attached workers, underemployed workers — it’s all been hashed and → Read More 25 comments - (Comments are closed)  On Tuesday, August 10 the U.S. Department of Commerce reported a continued decline in consumer spending, releasing data that provides more evidence that what growth has occurred to recover from the Great Recession may be sputtering out or even stalling. This data only goes to reinforce the growing belief that high levels → Read More One comment - (Comments are closed)  A while back we wrote about a recent statement made by an economist that unemployment extension benefits could discourage job hunting. The opinion made by Jeffrey Miron, an economist from Harvard University, enraged a lot of our readers who are mostly 99ers hoping for a Tier 5 unemployment compensation bill. Recently, we → Read More 40 comments - (Comments are closed)  99ers have too much going against them – there are few jobs available, a lot of competition when applying for a single position and, they face the threat of being discriminated against by companies who prefer applicants who are currently employed. Because of these difficulties, 99ers have been calling for a Tier 5 unemployment → Read More 33 comments - (Comments are closed)  Here is a question that puts another perspective on the debate for a Tier 5 unemployment extension bill. What do some 99ers do when they have exhausted their unemployment extension benefits and couldn’t find a job? They file for Social Security benefits, and, they are doing that in record numbers. The struggling → Read More 19 comments - (Comments are closed)  The July jobs report wasn’t exactly high on the list of ‘things the ’99ers were pinning their hopes on’ — that honor belongs primarily to the new Tier 5 unemployment extension bill — but what the nation’s unemployed saw on the report wasn’t terribly inspiring. 131,000 net jobs were lost last month. → Read More 21 comments - (Comments are closed) |
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