Long term unemployment benefit update today March 2, 2014:
As we move into March, approximately 2 million Americans are still waiting for policy leaders in Congress to collaborate and find a way to pass a measure to extend long term unemployment compensation. Over a million Americans lost their long term unemployment benefits in December of last year and the number of Americans who are unemployed without unemployment benefits rises with each passing week.
The economy has not helped to minimize the crisis in 2014 so far. Job additions have been weaker than anticipated according to the last two monthly job reports. According to the government’s data, the U.S. economy added only 113,000 jobs in January after only adding 75,000 jobs the month prior. This data was far below what was expected, but many high ranking political figures in the U.S., even the President, implied that the bad weather this winter could be the culprit for the weaker jobs data. Hearing this though does not bring much relief to the millions of Americans looking for gainful employment while trying to survive without unemployment benefits. March represents the fourth month during which some Americans have gone without unemployment benefits. The President called for Congress to support the nation’s unemployed, but Democrats and Republicans continue to conflict on the issue. Since his State of the Union, the President has spoke minimally on the crisis which has been cause for concern for many that continue to struggle.
So far, economic data and job additions do not appear to be improving adequately. The data should be motivating congressional policy leaders to step up to the plate and extend unemployment benefits for the long term unemployed in the United States. Americans will tune in this week in hopes of observing progress with an unemployment benefit extension.