A Closer Look

US / Why extending unemployment insurance in a chart

Congress is starting to take notice of the fact that more than 1.3 million people will lose their jobless benefits on Dec. 28 unless lawmakers renew an emergency aid program for the unemployed that\’s set to expire this year.

House Democrats said on Thursday that they won\’t support a budget deal unless it includes a one-year extension of the Emergency Unemployment Compensation program, which would cost roughly $25.1 billion. In response, Republican Speaker John Boehner said he would \”entertain\” the idea of an extension but wants to see a specific proposal from the White House first.

Naturally, this raises further questions: Where does it all end? Will a program that was meant to provide “emergency” aid to the long-term unemployed get extended indefinitely, year after year? And how much does the job market need to improve before this program can shrink back to normal levels?

Over at the Center on Budget and Policy Priorities, Chad Stone offers one way to think about this question. Technically, we\’re still very much facing a jobs “emergency,” even after years of recovery. That’s particularly true for workers who have been out of work for 27 weeks or more — the people most likely to be affected by the cut-off in benefits:

Chosen excerpts by Job Market Monitor. Read the whole story at 


via The case for extending unemployment insurance, in one chart.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

Jobs – Offres d’emploi – US & Canada (Eng. & Fr.)

The Most Popular Job Search Tools

Even More Objectives Statements to customize

Cover Letters – Tools, Tips and Free Cover Letter Templates for Microsoft Office

Follow Job Market Monitor on WordPress.com

Enter your email address to follow this blog and receive notifications of new posts by email.

Follow Job Market Monitor via Twitter



%d bloggers like this: