Saturday, October 17, 2009

Editorial - The Unemployed Wait - NYTimes.com
October 17, 2009
Editorial
The Unemployed Wait

More than a million jobless Americans are in danger of losing benefits by the end of the year unless Congress passes an extension of unemployment insurance. The House has acted, but the Senate, which has a better bill, has been bogged down by obstruction from Republicans. In these extraordinarily hard times, Congress should extend this vital safety net without further delay.

Unemployment insurance, one of the great legacies of the New Deal, is intended to provide laid-off workers with an income while they look for their next job. With the unemployment rate at nearly 10 percent nationally — and at 10.3 percent in New York City — it has been hard to line up that next job. The Department of Labor recently reported that there were more than six people looking for every opening.

There are now more than five million Americans — roughly one-third of the unemployed — who have been out of work for six months or longer, according to the National Employment Law Project, a record since data was first recorded in 1948.

Benefits vary by state, but most cut off benefits after 26 weeks. Congress has extended benefits several times, most recently in February, but for many workers they are again running out.

The Senate majority leader, Harry Reid, and other Democrats have introduced a bill that would extend unemployment insurance by up to an additional 14 weeks in all 50 states, with another six weeks for states with a jobless rate above 8.5 percent. It is an improvement on a bill passed by the House, which would extend benefits only in states with unemployment above 8.5 percent.

February’s extension, which included a $25-a-week increase in benefits, kept 800,000 people out of poverty, according to the Center on Budget and Policy Priorities. Putting more money in the pockets of the unemployed provided much-needed stimulus for the entire economy.

Every day that the Republicans continue to block an extension — fighting over amendments to the bill or delaying a vote — means thousands more Americans pushed closer to the edge of despair.


No comments: