It affects millions of americans nearly 11 million, in fact, do not have a job. 4 million have been unemployed for more than six months. Many are at risk of falling into poverty. As of today 1. 3 million americans lost longterm Unemployment Benefits. On average each person got a little more than 1,000 a month. The benefits began at the height of the recession, costing 225 billion for the federal government. Congress renewed the payouts until this year. Congress said the economy means it needs to be cut. Theres a lot of ideas part of the president s budget, different budgets, but there seems to be a gridlock in congress, and an unwillingness to take it on. In america we dont look at problems like this as too big and we cant forget the unemployed because its a hard problem to sold. We turn to jennifer london, live in honolulu where the president is vacationing. What kind of behind the scenes work is the president doing trying to extend the benefits . Well, long before the president began
Good morning, welcome to al jazeera america. Im Morgan Radford live from new york city. Its a tough weekend for those still struggling to find jobs. Emergency jobless benefits, a life line for many of americas unemployed, expire today. About 1. 3 Million People who have been out of work for months are finding themselves cut off. The government check they depend on, a little more than 1,000, will not show up in the mail. The benefits program was introduced in 2008 at the height of the recession. The payouts cost the federal government 225 billion. Extending them for another year at 19 billion, but congress has not done that yet. Tony harris reports. Months ago they lost their jobs. Now they are losing the money they get from the government to get by. Since 2008 congress extented the Compensation Program a dozen times. This time lawmakers let it lapse. This means people who lost their jobs will no lodger have a cushion once state benefits run out. Usually after 26 weeks. With the extensi
Longterm Unemployment Benefits ran out. A live line for life line for 1. 3 million people. They are cut off. They wont be getting what they used to go a little over 1,000. It start at the height of the recession. Since then it cost 225 billion since 2008. The u. S. Economy is adding jobs, but is well short of a total before the bottom fell out of the Labour Market in 2007. The hardest hit are the longterm unemployment, 4. 9 million will exhaust emergency benefits during 2014, unless Congress Acts to renew the program. People like 56yearold norbert franzak are being cut off now. Im not going be able to pay for utilities. In fact, after this check i get this week from unemployment, i have to pay the mortgage payment on 1 january, ill have less than 200 in the bank. Before congress adjourned for the year president obama appealed for the benefits to be restored. For many looking for work Unemployment Insurance is a life line that can make the difference between temporary hardship and lasti
As you can see jay carney hasnt begun the briefing yet. We are still waiting for more reporters to come in. While we do a discussion from this mornings journal about pending. Host for more on Congress Budget battle, we are joined by American Democratic congressman john delane yism as you return to work today on capitol hill, how do you see this budget impasse playing out . Do you think theres room for a compromise here . Guest i think there is. I think this has been fairly predictable in terms of how its playing out. Whats going on in the senate starting yesterday and today is delaying things. We have to see how long that will play out. Most people thought that the continuing resolution will come back to the house, stripped of the provisions that defund the Affordable Care act, then that will be taken up by the house. So its really a question when the house gets it back. I think thats what most people on each side believe. Host we had congressman rob woodall of georgia, republican on,
FOXNEWS Fox Report With Jon Scott June 4, 2024 22:59:30 archive.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from archive.org Daily Mail and Mail on Sunday newspapers.