Sunday, December 5, 2010
If the benefits are not extended and soon, there will be massive lapses in benefits, amid the holiday season. This is not good news.
In the Senate, a bill was blocked yesterday even though Senator Barbara Boxer read letters from unemployed constituents. The bill would have had to head back to the House, but the Senate hurdle is far greater.
The benefits bill would have extended unemployment for one year. It would not have added a 5th tier of benefits for the "99ers", or those who have been out of work for 99 weeks or more.
The job market doesn't show any signs of uptick. The national unemployment rate went up during the month of November to a seasonally adjusted 9.8% - flirting with double digit unemployments.
The unemployed will keep their eyes trained on the unemployment extension 2010 and its passage. Hopefully the lame duck session will not pass by without an extension of benefits.