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Number of the Week: Millions Set to Lose Unemployment Benefits
wsj ^ | April 30, 2011 | Mark Whitehouse

Posted on 05/04/2011 7:07:59 AM PDT by george76

5.5 million: Americans unemployed and not receiving benefits.

...

Many Americans, though, are simply running out of time. As of March, about 14 million people were unemployed and looking for work, according to the household survey. At the time the survey was done, about 8.5 million were receiving some kind of unemployment payments, according to the Labor Department’s Employment and Training Administration. That leaves about 5.5 million people unemployed without benefits, up 1.4 million from a year earlier.

...

In the coming months, hundreds of thousands more will drop off the unemployment rolls. The number of people using up their regular 26 weeks of unemployment payments peaked in August 2009 at nearly 800,000 a month. That means a lot of people should be hitting their 99-week limit right about now.

(Excerpt) Read more at blogs.wsj.com ...


TOPICS: Business/Economy; Extended News; Government; News/Current Events
KEYWORDS: unemployment; unexpected; unexpectedly
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1 posted on 05/04/2011 7:08:11 AM PDT by george76
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To: george76

If you have sat on your butt for a couple of years and drawn ‘arm chair’ money, many employers may not even consider you unless you were actively looking for work and willing to take a lesser paying job. I know my son doesn’t, figures if you were to lazy to look for work, you are to lazy to work.

He puts in about 60/70 hrs a week.


2 posted on 05/04/2011 7:12:14 AM PDT by GailA (2012 rally cry DEMOCRATS and RINOS are BAD for the USA!)
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To: george76
Presumably they have been drawing it for almost two years....they should have faced this reality long ago...free ride is over!!!
3 posted on 05/04/2011 7:12:31 AM PDT by ontap
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To: GailA
There's sure to be a storm once those checks stop coming.

4 posted on 05/04/2011 7:17:01 AM PDT by Kartographer (".. we mutually pledge to each other our lives, our fortunes, and our sacred honor.")
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To: Liz; Just Lori; Grampa Dave

As the 99ers fall off the government unemployment roles, in the hundreds of thousands each month, becoming UNCOUNTED unemployed.

And the official government unemployment rate [ U-3 ] improves ?


5 posted on 05/04/2011 7:23:14 AM PDT by george76 (Ward Churchill : Fake Indian, Fake Scholarship, and Fake Art)
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To: ontap
Yes; at some point the long-term unemployed need to either (1) relocate; (2) re-train; or (3) retire.
6 posted on 05/04/2011 7:23:14 AM PDT by riverdawg
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To: george76
WHAT!!!???

They just re-re-re-re-re-extended lazy-butt benefits for 26 months a couple of months ago.

Is this the new math?

7 posted on 05/04/2011 7:24:51 AM PDT by Texas Eagle (If it wasn't for double-standards, Liberals would have no standards at all -- Texas Eagle)
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To: GailA

People I know in HR departments are saying they are being absolutely flooded with resumes from people who have a 2 or 3 year gap since they last worked. Employers are very skeptical of hiring these people. Look for the Government to take a carrot-and-stick approach (tax credits for hiring these people, and a jackboot on your throat if we catch you not hiring them)


8 posted on 05/04/2011 7:26:23 AM PDT by Buckeye McFrog
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To: george76

U3 is not connected to benefits. I don’t know why people never learn.

U3 is done by a phone poll asking if you’re working or not and if you’re looking for a job or not. If you’re not working and looking for a job, you are counted. Nothing to do with UI.


9 posted on 05/04/2011 7:30:43 AM PDT by Tolsti2
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To: Buckeye McFrog

The unemployment extension is what kept the rate up. The government was paying people to not work. I know quite a few people working under the table while collecting Unemployment.


10 posted on 05/04/2011 7:31:19 AM PDT by AppyPappy (If you aren't part of the solution, there is good money to be made prolonging the problem.)
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To: AppyPappy

Why don’t you report their criminal behavior?


11 posted on 05/04/2011 7:33:34 AM PDT by Tolsti2
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To: Tolsti2

Yeah, like the government is going to prosecute them. Sure.


12 posted on 05/04/2011 7:37:55 AM PDT by AppyPappy (If you aren't part of the solution, there is good money to be made prolonging the problem.)
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To: Tolsti2
Why don’t you report their criminal behavior?
Americans "ratting" on other Americans. Thanks for the idea - comrade.
13 posted on 05/04/2011 7:44:47 AM PDT by oh8eleven (RVN '67-'68)
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To: oh8eleven

Hope and Change has come.


14 posted on 05/04/2011 7:45:37 AM PDT by scooby321
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To: oh8eleven

Hah, nice.. You guys are upset enough to complain that you ‘saw something’ like this (sure) just enough to complain on an anonymous chat board to make a political point. But, of course, that’s it.. Why bother actually doing anything about it.


15 posted on 05/04/2011 7:46:26 AM PDT by Tolsti2
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To: george76

A friend of mine can’t even get applicants for a truck driver job his company has. Good company, great benefits. No one will apply. Last guy came in, filled out his name and address then stated that he ‘didn’t need this sh!t’ and walked out. The local Employment Sec. Comm. says it’s a problem but nothing they can do about it. They don’t even have to prove they are looking for a job.
Our tax dollars being used for people to sit on their butts.


16 posted on 05/04/2011 7:47:17 AM PDT by MagnoliaB
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To: george76

All thank you card must be sent to Obama&Co.


17 posted on 05/04/2011 8:16:01 AM PDT by Vaduz
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To: Buckeye McFrog
Look for the Government to take a carrot-and-stick approach (tax credits for hiring these people, and a jackboot on your throat if we catch you not hiring them)

Good. Gaps in an employment record, particularly those not involving prison time, should not be barriers to employment. Pull that with a woman who had a child and end up with a lawsuit. This pariah mentality in HR must end. People who have had jobs don't need jobs like those who haven't.

18 posted on 05/04/2011 8:32:59 AM PDT by newzjunkey (Stay focused: Debt, Deficits & Immigration.)
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To: Tolsti2
You guys are upset enough to complain that you ‘saw something’ like this
LOL ... saw it? Hell, I did it in 1993. I was on unemployment and had TWO under-the-table jobs.
I had two kids in college, a mortgage, a home equity loan and a car payment.
It's called improvise, adapt and overcome. WTF would you do comrade?
Nevertheless, for "real Americans" like you, try calling 1-800-KGB or contact comrade Napolitano.

"We'll be watching."
19 posted on 05/04/2011 9:44:06 AM PDT by oh8eleven (RVN '67-'68)
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To: oh8eleven

So you’re saying it’s ok to cheat welfare?

Nice... People usually aren’t so blatant about criminal activity like that. Good to see that you bask in having no problem with ripping off the taxpayers.


20 posted on 05/04/2011 9:52:23 AM PDT by Tolsti2
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