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99ers Crisis About to Get Much Worse

December 14, 2010 - by Donny Shaw

I’ve been trying to make the point that the 99er problem — people exhausting all unemployment benefits without finding a job — is about to get much worse because we’re approaching 99 weeks from the brunt of the recession unemployment spike. Congress is not planning to add more weeks of unemployment benefits and the Federal Reserve is projecting the unemployment rate to stay pretty much where it is for the next year. Putting it all together, this means that for the foreseeable future, there will no jobs and no government support for the millions of 99ers.

This graph from Calculated Risk showing three years of job losses makes it very clear — millions of people who lost their jobs in the deepest part of the recession are about to be dropped off a cliff:

Adding insult to injury, 99ers are not even tracked by the government. The way the employment statistics system works, when people go off of unemployment, they are not considered part of the work force and not factored into the numbers for employed or unemployed. This is why we have no firm number of 99ers, and why it’s so easy for policymakers to ignore this crisis.

Expect homelessness, the suicide rate, and despeartion-related crimes to spike. And remember to look at this when the consumer recovery doesn’t turn out as rosy as expected over the next couple years.

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Comments

Displaying 1-30 of 144 total comments.

  • Lynette1015 12/14/2010 8:59am

    Well isn’t that what we all expected!!!!! The Goverment people have all their monies and more, why would they waist their time on us 99’ers.. after all we were the first to get the Washington BOOT from jobs, we’re past the time for caring. MERRY CHRISTMAS ? I don’t think so..

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    Raine19 12/14/2010 11:46am

    Not counting the unemployed that have run out of payments will keep the stats for NYSE and etc inflated and will eventually cause a crisis. All the figures that are reported for daily trading will be inflated … hold on the market will slide when this is all done. Crash????

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    bigearl666 12/14/2010 4:58pm

    THE GOVERMENT IS NOTHING BUT A BUNCH OF ASSHOLES.FUCK I CAN GET ANY ASSHOLE TO THROW ME UNDER THE BUS .KISS MY ASS ON THE RICH TO GET A TAX BREAK WHEN PEOPLE CAN NOT HAVE A HOME OR A HOLIDAY FOR THERE KIDS .YOU SAID FUCK YOU TO THEM WELL FUCK YOU TO YOU AND YOUR TAX BREAK I LOST EVERYTHING . YOU WILL NOT GET MY PRIDE. CAN NOT AFFORD A EXTENSION BUT WE CAN GIVE YOU A BREAK ON TAXES .THATS FUCK-UP IN MY BOOK .THE ONES THAT ARE LOOKING OUT FOR 99 THIS NOT AGAINST YOU.NO HELP SINCE MARCH WHAT DO YOU THINK PEOPLE CAN DO WITH NOTHING.

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    jakj1 12/14/2010 11:35pm

    First things first bigearl666, watch your mouth!!!!!!!!! Secondly caps are considered a childish! Thirdly learn how to spell so when you do go for your job interview you can tell them you are educated.

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    mouseissue 12/15/2010 5:59am

    Well jakj1, check the grammar of your statement;
    “Secondly caps are considered a childish!”.

    You live in a glass house. So stop throwing stones.

    bigearl666 has every right to be VERY angry at our politicians.
    This person claims to have lost everything and so has a right to be mad as hell and does not need to be polite about it… I wouldn’t!!!

    Most every sane and informed American has been pissed-off at these jerks for some time.
    If you’re not, then you are clearly a moron.

  • Liberal4Change 12/14/2010 9:07am

    Bankruptcy will also increase. We will have a another huge dip in the recession. I’m one of those that was laid off in Mar 09. At least my husband is still working.

    I can’t believe that Congress just can’t seem to get it right. Everything is only half done….except for the rich. We just don’t have the lobbying power.

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    malishammm 12/14/2010 12:51pm

    who going to have thee money to file bankruptcy?

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    NavyVet81 12/15/2010 10:24am

    Heck… I had to pay the 300.00 filing fee out of pocket (Borrowed from a friend) and repayed them. No lawyer involved… Just reading and applying my own smarts to get it done correctly the first time.

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    bobby29 12/19/2010 10:08am

    We owe China Billions of dollars. Give billions in add to foreign countries. We are falling apart as a nation. Real politics can make or break a nation. A house divide can’t stand. We have to get back to a United States of America that is where our strength lies. In war we seem at first to be united then when the hard times come everybody wants to bail out and blame someone else for the bad results. We need to quit being double minded on a host of issues. What would we do if North Korea sunk one of our submarines? What would we do if china pulled their navy off the cost of California? What would we do Cuba launched a missile? What would we do if our citizens we being blown up by suicide bombers, Like in Israel? I know what we would do the towers fell and we have been in war for nine years over that issue. Economical strength is your military strength. If South Korea gets into a fight with North Korea we will be in the war too. But we tell everybody what to put up with.

  • Lynette1015 12/14/2010 9:17am

    Lobbist?? I bet their getting their checks on a regular basis.. What we need is the Senate and House to get off their rich butts and come together and stand for all the American people who are out of work some relief before they all go home for their Holidays!!!!

  • HelpUsPlease 12/14/2010 9:17am

    OMG!!! This is absolutely ridiculous…once you run out of 99 weeks, you are not considered part of the workforce?? How much more pathetic can our government actually get? I am disgusted that I live in a country that it’s own government is actually turning its back on their own people!!!

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    Liberal4Change 12/15/2010 1:16pm

    Actually, you are considered unemployed as long as you are looking for work.

    Unemployment Ins is not used for the unemployment statistic used by the Bureau of Labor(BLS). The BLS use a sample survey called Current Population Survey (CPS) along with US Cenuse Bureau figures to come up with the unemployment rate.

    When initial claims are mentioned… theat comes from Unemeployment Insurance.

  • 99erCA 12/14/2010 9:19am

    In all honesty, I’ve had several employers mention to me on interviews that they are not interested in hiring people who have been unemployed for 2 years. They always ask what have been doing these last two years. Um, Looking for a job. Also, most of references are past supervisors that are now unemployed and felt the hardship of this recession. Domino effect.

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    bigearl666 12/14/2010 5:03pm

    THAY ARE THROWING YOU UNDER THE BUS ASSHOLES

  • Liberal4Change 12/14/2010 9:26am

    Well, I wonder how many businesses will close down due to the lack of sales? I’m not spending on anything for Christmas. I only have until the end of Januanry on unemployment.

  • beenblue 12/14/2010 9:35am

    This is not the CHANGE That I was hoping for, but to be honest, the operative word here is not change, but HOPE.! What`s going to happen when hope is lost, and a new class of poverty is set adrift? I`v got a feeling this is just the tip of the iceberg, and a tempest is on the near horizon. GOD HELP US ALL..

  • nardaopencongress 12/14/2010 9:58am

    THANK YOU OBAMA, FOR SUPPORTIG US, GO IN PEACE TO YOUR HAWAII CHRISTMAS VACATION, ENJOY IT, HOPE YOU FEEL GOOD EATING CAVIAR WHILE US 99ERS IF POSSIBLE WILL END ORDERING A PIZZA OR A CHICKEN BUCKET FOR OUR FAMILY OF COURSE WITHOUT GIFTS TO CELEBRATE, WISH YOU COME TO MY HOUSE AND SEE MY POOR LIVING ROOM WITHOUT TREE AND GIFTS. CHRISTMAS IS AROUND THE CORNER AND I WAS HOPING TO YOU TO SOLVE THIS MATTER AND BUY A LAST MINUTE TREE AND GIFTS FOR MY KIDS, ONCE AGAIN THANK YOU OBAMA ! THANK YOU OBAMA ! THANK YOU OBAMA ! THANK YOU OBAMA ! THANK YOU OBAMA ! THANK YOU OBAMA ! THANK YOU OBAMA ! THANK YOU OBAMA ! THANK YOU OBAMA ! THANK YOU OBAMA ! THANK YOU OBAMA ! THANK YOU OBAMA ! THANK YOU OBAMA ! THANK YOU OBAMA ! THANK YOU OBAMA ! THANK YOU OBAMA ! THANK YOU OBAMA !

  • Comm_reply
    MHBolling23 12/14/2010 1:20pm

    I’m a 99er too but I recognize that the problem is Congress not OBAMA. If you want to thank someone it should be Congress.

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    Abaratarrr 12/14/2010 8:33pm

    obamm didn’t even ask for a fifth tier or help for the 99ers. the topic never came up, it is documented here on open congress he never even mentioned us when making this deal. He is the only president in us histoery to not add weeks when the unemployment rate is over 7.2% , he has to know that, both bushes and Ronald Reagen did better than obama the unemployed,

    He is the worst president in
    US history when it comes to helping the unemployed.

    Donny thank you so much for tying to help us

  • seanurse 12/14/2010 10:07am

    HOW CAN WE EMAIL THIS CHART TO THE PRESIDENT AND ALL THE SENATORS TODAY? i ALSO WONDER WITH OPRAH STARTING HER OWN NETWORK MAYBE SHE WOULD GIVE THE 99ERS SOME AIR TIME? I’M NOT GIVING UP DONNY BUT THANKS FOR THE DOWNER. THINK POSITIVE THAT SOMEONE IN THE HOUSE WILL ADD THE AMENDMENT TO THE BILL FOR TIER FIVE. GOD WE ARE ALL PRAYING AGAIN FOR YOUR HELP. WE KNOW THAT YOU WILL NOT LET US DOWN. IN GODS NAME AMEN.

  • Moderated Comment

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    nancym 12/14/2010 10:54am

    Try getting a brain before you post crap like that.

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    beenblue 12/14/2010 10:54am

    DIOGENES SLAPPED THE FATHER, WHEN THE CHILD SWORE.

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    badams82 12/14/2010 11:20am

    Pray that you never experience financial hardship. You should not rejoice when others suffer such misfortune. Do not be so arrogant during such a terrible time of financial trouble. Always remember, that we never know what will happen to us in the future. Don’t rely on your false sense of security.

  • Moderated Comment

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    Raine19 12/14/2010 12:19pm

    Didn’t mean Tier 5 shouldn’t be approved – it needs to be because everyone will suffer. Not only the unemployed suffer but the seniors and any middle American that has a 401K or a pension. With an inflated market the downside has to come. Investment in stock market is also done by middle class (401K, Pensions, seniors pension funds. Seniors that are receiving a pension will have it reduced. All this gets reduced with the market down slide. The Tier has to be approved and paid until jobs are created to cover not only for the unemployed but for seniors too. A senior on a pension will suffer. Some can’t work and will never be able to and depend on the pensions to survive. I just meant this is a bigger issue than is being addressed. Many, many more suffer than is realized without the passage. More people losing their homes, and food.

  • Liberal4Change 12/14/2010 10:28am

    Well, Congress is full of Christians… who are turning their back on their fellow man. I doubt praying will change their mind.

    For everyone that still has a job… this is not over yet. So I wouldn’t be so quick to judge… you might just find yourself losing a job before this is all over with.

  • widget02us 12/14/2010 10:36am

    Bernie Sanders is still fighting for us! He is on Cspan2. God bless him.

  • DGalanteNJ 12/14/2010 10:44am

    Rogue, life is a bitch, karma always comes back to bite you in the ass for the things you say and do…..and someday soon you too could be feeling what these people are feeling. They paid into the goverment for unemployment insurance, its not their fault that the economy went belly up and they lost their jobs. They want to work, none of them are getting rich collecting unemployment benefits, they are just surviving, feeding their familes and keeping a roof over their heads. Your attitude towards them really leaves a lot to be desired, if your mama never taught you to keep your mouth shut if you have nothing nice to say, then allow me. Someday soon you may need these people to back you up when your living out in the street and some uneducated moron tells you to find a job when you can’t.

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    quitwhining 12/14/2010 2:32pm

    Actually employees don’t pay a penny into unemployment. It is 100% on the employer. No with all these 99’ers employers can’t keep up with their unemployment taxes so they aren’t able to pay more than minimum wage. So, you 99’ers need to take a job, ANY job and start paying taxes again not everything is stuck on the employers and the FEDS who are fronting the bill for the 53 weeks after you exhaust your regular UI benefits. More tiers more money. That isn’t going to solve anything. TAKE ANY JOB YOU CAN. LOWER YOUR STANDARDS! Do America a favor. Last week it was the GOP’s fault now the Dems. Whose next? Tea Party? Running out of scapegoats my friends.

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