Minimum Wage and Unemployment Benefit News 2014:
Although the government was unable to find a way to pass extended unemployment benefits for almost 2 million Americans in need, it did find a way to raise the minimum wage. President Obama signed an executive order yesterday to raise the minimum wage for federal contract workers to $10.10 an hour. The new minimum wage will go into effect starting next year January 1, 2015.
The President said that he was going to do this during his State of the Union address in January, and it is now reality. He reiterated during his State of the Union address that out of work Americans still need support. His words though have been little more than speech filler. Just recently, the Senate voted against a plan that would have extended long term unemployment benefits for so many Americans in need. Every week that goes by without the long term unemployment benefit extension, tens of thousands more Americans exhaust their long term federal benefits and are left with little to no federal support during their quest to find gainful employment. After writing the executive order to raise the minimum wage for federal workers, President Obama compelled the nation to raise the minimum wage for workers across the nation. Over a million Americans without long term unemployment benefits are scratching their heads over why the President is not doing more to pass a long term unemployment benefit extension. Most are hoping that an extension is just the next item on his agenda, but optimism is a scarce commodity in crowds of the unemployed right now.