ANALYSIS, COMMENTS, THOUGHTS, AND OTHER OBSERVATIONS IN DR. SKOSPLES' NATIONAL INCOME AND BUSINESS CYCLES COURSE AT OHIO WESLEYAN UNIVERSITY
Friday, April 9, 2010
More than 200,000 jobless counting on an extension
In my last post we have seen how the law makers were not able to extend the date for unemployment insurance. The deadline has passed by and now more than 200000 Americans are awaiting for the extension of the deadline by the lawmakers. More than a million people could lose the benefit if the senate doesn't act swiftly. On such circumstance, senators are looking forward to monday to get the first vote to get the date extended until may. The final vote may come later next weeks. Just to keep updated, though the economy is recovering the unemployment is still stuck at 9.7% and the average unemployment duration is 31.2 weeks. Hope this article helps to follow up the preceding article.
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