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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 61-90 of 144 total comments.

  • Comm_reply
    Mahlalie 12/14/2010 4:01pm

    arguing*

  • Comm_reply
    beenblue 12/14/2010 4:36pm

    A circle within a circle, and around we go. Taxes will need to be raised, and they will be, lay offs are sometimes necessary to keep the company healthy, a certain amount of unemployment is necessary to stem inflation, it`s not that I like the standards, but you play the hand your dealt. I don`t enjoy the dismal science of economics, or students of business as your dealing in hypothetical`s and what ifs, trying to sound as (what is). The what is, in your life is the road you will follow, when you put your money where you mouth is, and follow that road where it takes you. Now it`s time for me to watch a movie, so I bid you goodnight…

  • allan1949 12/14/2010 12:28pm

    The version of the unemployment extension legislation that just went through the Senate and is headed for the House includes billions in MORE tax breaks for essentials such as NASCAR and the rum producers in the Virgin Islands (and there are others). Nice to know our legislators have a firm grasp on their priorities………..sigh

  • beenblue 12/14/2010 12:34pm

    The really scary thing is that if they cut the spending, people like TAXIPAYER won`t be able to get their medication, and the asylums won`t have funding to remain open.

  • Mahlalie 12/14/2010 12:35pm

    If I were an employer, I wouldn’t hire most of the people commenting on this section based solely on their terrible grammar. I realize this is only a comments section on a blog, but some people aren’t even trying.

  • Comm_reply
    beenblue 12/14/2010 2:42pm

    Mahlalie, have you considered that most of the people, if not all the people here, ARE FREAKING OUT !!! and you wish to critique their grammar, I have to say that`s a bit insensitive on your part. I`m sure you meant well though,right!

  • Comm_reply
    Mahlalie 12/14/2010 2:59pm

    So the people don’t have the time to make a well-formed, gramatically correct arguement? Let’s face it; a lot of employers look for potential employess who are dressed well and use proper grammar. For jobs that pay well, those are usually requirements.

  • Comm_reply
    Mahlalie 12/14/2010 3:00pm

    argument*

  • Comm_reply
    beenblue 12/14/2010 3:11pm

    These people are not trolling for employment here, simply venting, and looking for an understanding to their situation, and may I add I`m very proud to be counted among them, for little do they know, their not the problem, their the answer to the question not being asked.

  • Comm_reply
    Mahlalie 12/14/2010 3:59pm

    I really have no idea what that means. What is “the question not being asked”?

  • Comm_reply
    beenblue 12/14/2010 4:39pm

    The one you don`t understand !!!

  • Comm_reply
    Mahlalie 12/14/2010 4:48pm

    How cryptic of you.

  • Mahlalie 12/14/2010 12:46pm

    We’ve come a long way from the days when President Madison vetoed a bill because general internal improvements are not in our Constitution or the days when President Cleveland vetoed a bill because federal aid is not in our Constitution.

  • Comm_reply
    beenblue 12/14/2010 1:19pm

    YEP,The good old days right, separate but equal, Jim Crow, blacks and woman could not vote, robber barons, internment camps, prohibition years, no labor laws, “YEP, GOOD TIMES.” Look`s like were going to relive the past, in the future.

  • Comm_reply
    Mahlalie 12/14/2010 1:31pm

    You mean the days where they altered the Constitution instead of circumventing it? Yes, those were good days.

  • Comm_reply
    beenblue 12/14/2010 1:44pm

    I`ll give you that one.

  • Zeo 12/14/2010 12:54pm

    Term limits with restrictions. Prior to any candidate qualified to run for any office everyone would be prohibited from having any past or present salaried position with any company that has ever had or might ever have a professional or contractual connection to federal, state, or local government. This requirement would be stringent and monitored by the people, and require each member submit to random drug and alcohol testing throughout his or her term. IMO this is one way to return legislative accountability that protects the public trust! Imagine no more corrupt agendas, wealth stealing more wealth, and advancement within our government always influenced by money, greed and deceit at the expense of the people, demise of middle class and common man.

  • phantomfaery 12/14/2010 12:55pm

    Comments like what “Taxipayer” left are exactly why foreign countries view us as incredibly ignorant. It is so easy for those who aren’t going through what MILLIONS of Americans are enduring right now to make remarks such as calling we unemployed “lazy”, or “slackers”. The thing is, they fail to see that most (if not all) states require a weekly job search and applications to at least two jobs. These things are checked by the state’s labor and industry department, so one can’t really lie about searching for work. If there are so many jobs out there, why are so many people unemployed? Yes, it is so simple to make such ignorant and insensitive remarks when you don’t have to explain to your children why Santa isn’t coming this year, or choose between paying the rent or putting food on the table. 99ers, my thoughts and prayers go out to you all. I’m only a few weeks away from joining you, with the hopes that congress does something to help!

  • malishammm 12/14/2010 12:58pm

    What i dont understand is why can’t they just extend it for 20 weeks. Then see what happens in the next five months. i dont understand why would u give 13 months to the state who unemployment rate is less than 3%.Knowing the goverment its because they know they wont have to use it, another smart move.If its taking the goverment more than 99 weeks to fix the economy, why would it not take us just as long to find a job.

  • Comm_reply
    quitwhining 12/14/2010 2:39pm

    Except they don’t give those States the extra 13 weeks of the FSE extensions. There are numerous States like Utah and Washington who aren’t at the level of unemployment to trigger FSE. They didn’t get their 99 weeks. Which is a ridiculous length anyway. 20 more weeks will ruin this country. Less people motivated to find work, being paid to sit at home.

  • TAXPAYER4567 12/14/2010 1:06pm

    WHAT’S THE MATTER CAN’T YOU GUYS HANDLE THE TRUTH. ALL OF THIS WAS CAUSED BY ALL OF YOU IDIOTS THAT BELIEVED IN THIS HOPE AND CHANGE BULLSH*T. NOBAMA HAS YOU BY THE BALLS AND HE’S JUST WAITING TO SQUEEZE THEM HARDER. YOU HAVEN’T SEEN ANYTHING YET !!!!!!! JUST WAIT UNTIL HE PUTS ALL OF YOU TO WORK ON HIS PLANTATION !!!!!!!!!!

  • Comm_reply
    MHBolling23 12/14/2010 1:16pm

    I think that you are the biggest idiot of all if you actually believe that OBAMA has more power than Congress. If he puts anybody on his plantation I’m hoping it’s you because they always house JACKASSES on plantations.

  • Comm_reply
    Abaratarrr 12/14/2010 8:42pm

    please pot a link to where Obama has ever offerd of asked for help for the long term unemployed, bush helped the unemployed more then obama has

  • Comm_reply
    beenblue 12/14/2010 1:53pm

    OH TAXIPAYER, I see you gave yourself a +1, just like you used to do. So are the med`s working this time ? You seem a little edgy.

  • widget02us 12/14/2010 1:09pm

    Senator McCain is whining because Sen. Harry Reid said they have to work on Christmas and New Years! lol Good! They should be working the holidays since they took away ours!!! KEEP EM IN SESSION HARRY!!!!! They don’t deserve a break. They are the cause of many suicides and malnourished families. Why should they get to enjoy themselves!

  • Comm_reply
    Mahlalie 12/14/2010 1:42pm

    If anything you’ve been given a longer holiday. If you really want to blame somebody for the long holiday though, you would be more accurate in pointing the finger at your former employer.

  • Comm_reply
    widget02us 12/14/2010 2:03pm

    I was referring to a temporary vacation from misery and stress but thanks.

  • Comm_reply
    Mahlalie 12/14/2010 3:59pm

    Any time, pal.

  • Comm_reply
    badams82 12/14/2010 4:00pm

    They are upset because they have to WORK! At least they have a JOB. McCain, should be counting his blessings. He should be happy to be alive at such an old age and be grateful that he does not have to worry about his financial situation. Meanwhile, others are losing their minds wondering how they are going to make it through this difficult time. McCain, if you need to work be humble and WORK you will survive it’s not open heart surgery.

  • MHBolling23 12/14/2010 1:14pm

    I think it’s absolutely ridiculous that one you’ve reached the 99th week of unemployment benefits than we are no longer classified as part of the workforce. I haven’t worked since May 2007 and I’ve been filing out applications everyday. I have been aware that those of us who have exhausted all of our benefits are no longer calculated into the unemployment claims equation but it doesn’t change the fact that we have not been able to return to the workforce through no fault of our own. In addition, the individuals that we vote into Congress are smarter (or suppose to be smarter) than your typical individuals so I’m sure that they are aware of the impact of their ignorance to putting citizens before politics is having on the economy. I am going to initiate another claim for benefits, even though I am aware that it is going to be denied due to no additional tiers, and I suggest you all do the same. Maybe if we bombard their system with claims they’ll change their minds.

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