Post by usamomma on Aug 1, 2009 21:48:35 GMT -7
...or so sayeth It's over, says economist 
articles.moneycentral.msn.com/Investing/Extra/the-recession-it-is-over-economist-says.aspx
And then I just read this...
Prolonged aid to unemployed is running out
1.5 million could lose benefits by end of year, according to group's research
Over the coming months, as many as 1.5 million jobless Americans will exhaust their Unemployment Insurance Benefits ending what for some has been a last bulwark against foreclosures and destitution.
Because of emergency extensions already enacted by Congress, laid-off workers in nearly half the states can collect benefits for up to 79 weeks, the longest period since the unemployment insurance benefits was created in the 1930s. But unemployment in this recession has proved to be especially tenacious, and a wave of job-seekers is using up even this prolonged aid.
Tens of thousands of workers have already used up their benefits, and the numbers are expected to soar in the months to come, reaching a half-million by the end of September and 1.5 million by the end of the year, according to new projections by the National Employment Law Project, a private research group.
www.msnbc.msn.com/id/32254520/ns/us_news-the_new_york_times
Soooooo...how is this an end to the recession? It is not! So why the lies? (Oh, sorry "misinformation" is the correct term) isn't it, especially coming from an "economist"
articles.moneycentral.msn.com/Investing/Extra/the-recession-it-is-over-economist-says.aspx
And then I just read this...
Prolonged aid to unemployed is running out
1.5 million could lose benefits by end of year, according to group's research
Over the coming months, as many as 1.5 million jobless Americans will exhaust their Unemployment Insurance Benefits ending what for some has been a last bulwark against foreclosures and destitution.
Because of emergency extensions already enacted by Congress, laid-off workers in nearly half the states can collect benefits for up to 79 weeks, the longest period since the unemployment insurance benefits was created in the 1930s. But unemployment in this recession has proved to be especially tenacious, and a wave of job-seekers is using up even this prolonged aid.
Tens of thousands of workers have already used up their benefits, and the numbers are expected to soar in the months to come, reaching a half-million by the end of September and 1.5 million by the end of the year, according to new projections by the National Employment Law Project, a private research group.
www.msnbc.msn.com/id/32254520/ns/us_news-the_new_york_times
Soooooo...how is this an end to the recession? It is not! So why the lies? (Oh, sorry "misinformation" is the correct term) isn't it, especially coming from an "economist"
