Saturday, March 27, 2010

Thousands to lose jobless benefits April 5

The article describes the persistent problem of unemplyment which has been a crucial problem for the United States over the last few quarters. The jobless benefits which was extended some days ago is about to get expired on April 5. And the expiry date was not extended on friday by the Senate. This will cause 212000 job searching workers to lose their benefits and this inturn will cause the problem even more severe. The rate at which unemplyed finds a job has been decreasing. Therefore the unemplyment rate is in danger of rising once again.
Hope this article sheds light on the knowledge of unemployment and provide enough information to forcast the future of American economy.

1 comment:

  1. This article really sheds light on the current unemployment problem. I cannot help but feel that we are in a hole that is going to be hard to get out of. We have so many people who are depending on help for an extended time.

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