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Politics : PRESIDENT GEORGE W. BUSH

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To: Bill who wrote (532193)1/29/2004 7:08:53 PM
From: Lizzie Tudor  Read Replies (2) of 769670
 
it looks like the CBO thinks there will be 2 million more permanently unemployed by June. Add that to the current 3 million we already have, and that means 5 million permanently unemployed in the summer when most are making decisions about 04 elections?

If Bush can win with this, I will be shocked.

In a study based on Labor Department data, the advocacy group for low- and moderate-income workers said nearly 2 million jobless workers will exhaust their state unemployment benefits in the first half of this year without finding a job or obtaining additional weeks of federal unemployment aid.

"In no other January-June period on record have so many unemployed workers exhausted their regular benefits without qualifying for additional weeks of unemployment assistance," the center's report said.

Congress recently decided not to approve another extension of the emergency federal unemployment program. That program has been paying up to 13 weeks of jobless benefits to qualified job hunters who exhausted their state aid, which can last up to 26 weeks.

kansascity.com
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