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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: Hope Praytochange who wrote (504813)	12/6/2003 1:08:39 AM
From: Raymond Duray	Respond to of 769667

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To: Hope Praytochange who wrote (504813)	12/6/2003 7:40:55 AM
From: Kenneth E. Phillipps	Respond to of 769667

khang - Long term unemployment is up! Snow unsure of benefit extension White House hasn't decided whether or not to extend unemployment benefits, Treasury secretary says. December 5, 2003: 7:09 PM EST ST LOUIS (Reuters) - The Bush administration has not yet decided whether to favor or oppose another extension of unemployment benefits for long-term jobless Americans, Treasury Secretary John Snow said Friday. Latest government statistics show the average period of unemployment reached its highest in nearly two decades during November, implying more may soon be seeking extended benefits when the White House is undecided about offering them. "We haven't taken a position on that, as yet," Snow told reporters in St. Louis when questioned about the issue. The Treasury chief was on a one-day visit to meet representatives of the building and construction industries. Earlier on Friday, the Labor Department reported the number of people out of work for 27 or more weeks rose in November to 2.039 million from October's 2.020 million. At the same time, the average length, or duration, of a jobless spell rose to 20.1 weeks from 19.1 weeks in October. That was the longest duration for average unemployment since January 1984, when the average was 20.4 weeks, according to department records. The liberal-leaning Center on Budget and Policy Priorities is urging Congress to again continue the Temporary Extended Unemployment Compensation, which was enacted in March 2002 to give additional weeks of federally funded jobless benefits to workers who exhaust their regular state-funded benefits. Advocates say that unless Congress agrees upon an extension to the program next week, federal aid for the jobless will end on Dec. 21 and hundreds of thousands of unemployed who might have qualified will no longer do so in coming months. Both the Senate and the U.S. House of Representatives are expected to be in session briefly next week but not to return again until January. "There is some hard-core unemployment. We acknowledge that," Snow said. Snow said Congress should look at a proposal President Bush made earlier this year for so-called re-employment accounts, offering workers greater flexibility over savings for retraining and education. "That provides a way of going at this problem, giving people more control over their ability to get out of unemployment," he said. --------------------------------------------------------------------------------