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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.

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99ers Tier V unemployment insurance unemployment benefits jobs crisis tax cuts
 

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