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UNEMPLOYMENT BENEFITS EXPIRE FOR MILILONS OF LONG-TERM UNEMPLOYED

 

By Miriam Raftery

December 28, 2013 (San Diego’s East County) -- Long-term unemployment benefits expired on Saturday , after Congress failed to authorize an extension. People who have been out of work for six months or longer will no longer be receiving unemployment checks.

About 1.3 million Americans will lose benefits immediately, including 222,000 Californians.  By the end of 2014, it’s estimated that nearly 5 million people will lose unemployment benefits. Those checks range from $40 to $450 a week, so this is a major blow for individuals who may have no other source of income.

The New York Times reports that removing this safety net for unemployed workers will push hundreds of thousands of households below the poverty line. With the cut off, only one out of every four unemployed Americans will receive jobless benefits –the lowest proportion in half a century.

UNEMPLOYMENT RATE REACHES FOUR-YEAR LOW

 

Stock market rallies in response to news

By Jonathan Goetz

The jobless recovery is adding jobs, slowly and steadily. April job numbers released by the US Bureau of Labor Statistics show the US unemployment rate at 7.5%, the lowest rate in four years. The main job growth was in retail and food services however, and not the same high-paying industries that saw major job losses in the Great Recession.

On Friday, the Dow responded to the positive hiring news by reaching 15,000 for the first time before closing at 14,972, up .9% from the opening bell. The S&P ended 1% higher, also breaking the record by reaching the 1,600 mark. Growth in US markets was spread over most industries, including the beleaguered steel industry, with three stocks closing higher for every one stock closing lower.

EAST COUNTY ROUNDUP: TOP LOCAL AND STATE NEWS

November 28, 2012  --  (San Diego’s East County)--East County Roundup highlights top stories of interest to East County and San Diego’s inland regions, published in other media. This week’s top “Roundup” headlines include:

LOCAL/REGIONAL

STATE

Read more for excerpts and links to full stories.

ECM WORLD WATCH: GLOBAL AND NATIONAL NEWS

 
 
February 16, 2012 --  (San Diego’s East County) – ECM World Watch helps you be an informed citizen about important issues globally and nationally. As part of our commitment to reflecting all voices and views, we include links to a wide variety of news sources representing a broad spectrum of political, religious, and social views. Top world and U.S. headlines include:    
 
WORLD 
 
  • Israelis: Iran behind Bangkok bombings: coordinated attacks around the world (CNN)
  • Israel warns US Jews: Iran could attack here (ABC)
  • Heightened security in U.S. over Iran threat (ABC) 
 U.S. 
  • Congressional negotiators reach tentative deal on payroll tax, unemployment benefits (Washington Post)
  • Lobbyists sue Obama administration after being booted from boards (The Hill)
  • Obama signs $63B FAA funding bill into law (The Hill)
  • U.S. seeks to mine social media to predict future (UT San Diego)
 
Health   
  • Alzheimer’s brain plaque ‘rapidly cleared’ in mice (BBC)
  • How your cat is making you crazy (Atlantic)
 
Scroll down for excerpts and links to full stories. 

CREATE A NEW YOU - WITH A NEW JOB - FOR THE NEW YEAR


Corporate Exec-Turned-Novelist Says It’s Never Too Late
 
January 9, 2011 (Los Angeles)--With 7 million Americans receiving unemployment benefits, and many counting the years – instead of months – since their layoff, author Darlene Quinn says now is a good time to reinvent yourself. She cites James Sherk, a senior policy analyst for the Heritage Foundation, who says the jobs people held two or three years ago often simply aren’t there anymore.

READER’S EDITORIAL: CONGRESS SHOULD EXTEND UNEMPLOYMENT BY DEC. 31 DEADLINE

By Sierra Severson

 
December 6, 2011 (San Diego)--The unemployment insurance fund is about to expire before the end of this year. Congress needs to act to extend this necessary safety net or Americans will suffer even greater than they already have. We need this program to be renewed for the millions of people who are seeking jobs in this economy.

 

WILL POWER REPORT: THE LIQUIDITY TRAP


 
Nothing but the truth!
 
By Will Power
 
August  19, 2011 (San Diego)--Here's the definition: The liquidity trap, in Keynesian economics, is a situation where monetary policy is unable to stimulate an economy, either through lowering interest rates or increasing the money supply. Liquidity traps typically occur when expectations of adverse events (e.g., deflation, insufficient aggregate demand, or civil or international war) make persons with liquid assets unwilling to invest.
 

WILL POWER REPORT: WHAT IS A JOB?

 

Nothing but the truth!

By Will Power

 

August 12, 2011 (San Diego) --The U.S. government says currently we have around 11% "unemployed." But that figure just means these people are receiving unemployment compensation. Millions of other Americans have given up on finding work, gone into premature "retirement", or simply dropped out of the job market completely. The real rate is over 20%.

 

What exactly is "work'?

NEW LAW HELPS UNEMPLOYED WORKERS GET TRAINING OR EDUCATION


July 29, 2011 (Sacramento) – Implementation began July 1st for AB 2058, legislation authored by Assemblyman Marty Block (D-Lemon Grove) and recently signed into law. The bill expands training and education options that unemployed workers can receive without losing their unemployment insurance benefits.

GOVERNOR SIGNS BLOCK’S BILL TO HELP LAID-OFF WORKERS ACCESS TRAINING PROGRAMS


Bill introduced in response to problems faced by local constituents

 

October 4, 2010 (San Diego’s East County) – Governor Arnold Schwarzenegger has signed AB 2058, authored by Assemblyman Marty Block (D-Lemon Grove). The bill will help thousands of unemployed Californians upgrade their job skills by preventing individuals from being cut off from Unemployment Insurance (UI) benefits because they've enrolled in training programs to boost their employability.

PRESIDENT PLEDGES SUPPORT FOR WORKERS, MIDDLE CLASS, & COMPANIES THAT CREATE AMERICAN JOBS DURING LABOR DAY ADDRESSES

East County News Service

 

September 6, 2010  -- President Barack Obama has unveiled a plan to invest $50 billion in infrastructure projects to create jobs while rebuilding our nation's highways, building high speed rail, and creating a smart air traffic control system.  The President made the announcement at LaborFest in Milwaukee before an enthusiastic crowd of working people. View video of the Laborfest speech.  

 

He also gave a White House address in honor of Labor Day, affirming commitment to America’s workers. He outlined past and future steps to repair the economy and strengthen the middle class, cut taxes for working families, and provide tax breaks for companies that will create jobs in America.  (Scroll down for full text of both speeches and the latest unemployment news.)

OBAMA SIGNS BILL TO EXTEND UNEMPLOYMENT BENEFITS TO 2.5 MILLION AMERICANS

 

Democrats break Republican filibuster in Senate and win passage of bill

 

July 23, 2010 (Washingon D.C.) – President Barack Obama yesterday signed into law legislation to extend unemployment benefits for 2.5 milllion out of work Americans.

 

The law extends unemployment insurance through November for out-of-work Americans who have not yet exhausted up to 99 weeks of aid. Benefits will be retroactive to late May, when the last extension expired. Benefits vary by state but will average $310 per week.

EDITORIAL: MAIN STREET NEEDS A HAND

 

By Tracy Emblem

February 11, 2010 (San Diego) -- Government is and should be in the business of stimulating the economy to help its citizens achieve national goals like putting people back to work. When Ike Eisenhower returned from Germany after World War II, he said we need an interstate highway system to move our people and goods coast to coast like Germany’s rail system. The same could be said today about rebuilding our country’s crumbling infrastructures.

BILL TO EXTEND UMPLOYMENT BENEFITS PASSES HOUSE

 

4 San Diego Congressional representatives vote “aye”; Hunter votes “no”

 

September 24, 2009 (Washington D.C.)—San Diego Democrats Bob Filner and Susan Davis joined with Republicans Brian Bilbray and Darrell Issa in voting  to stimulate the local economy and provide stability to American families by extending unemployment insurance benefits to those hit hardest by the recession. Rep. Duncan Hunter, who represents most of East County, voted against the bill.

 

The Unemployment Compensation Act of 2009 (HR 3548) will provide immediate assistance, extending relief to the estimated 314,000 workers who would otherwise exhaust their unemployment benefits by the end of September, and one million more whose benefits would run out by the end of the year.

PEARLS: THE UNEMPLOYMENT CIRCUS

logo-pearls.jpg

By Charlavan Hart

I made a bold attempt today to find out some answers for a great many people right now about unemployment checks. It always seems to be a mystery that is unsolvable. Even though you are given a number to call for answers, it is ALWAYS busy. You are sometimes given an estimate on wait time but most often now, the recording tells you to call on another day.

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