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About 11.4 million out-of-work people now collect unemployment compensation, at a cost of $10 billion a month. Half of them have been receiving payments for more than six months, the usual insurance limit. But under multiple extensions enacted by the federal government in response to the downturn, workers can collect the payments for as long as 99 weeks in states with the highest unemployment rates — the longest period since the program's inception.
The unemployed say extensions help to tide them over in unusually difficult times when jobs are hard to come by.
Originally posted by jam321
On the other hand, government better pray the day doesn't come where it is no longer able to feed the dependents.
Originally posted by Schaden
It's a good idea to have unemployment benefits so people don't end up homeless from a layoff, but 99 weeks sounds ridiculous. 8 years ? It's far too easy to abuse.
The benefit amount should be gradually reduced. I know the economy is bad, but after a few years, it's no longer unemployment, but welfare. People used to migrate to find jobs. A lot of people in the higher priced areas like SF or NYC have already packed up and left. I've read China is hiring. Go teach English on the mainland. The pay is low 20-30k a year, but the cost of living is peanuts.
Originally posted by LostNemesis
Only a matter of time before we are ALL relying on government, it seems.... Is this what they are going for, you think??