Will Congress Extend Unemployment?


There was an outcry over the fact that Congress once again held up passing a vote to extend unemployment benefits for an estimated 2 million jobless Americans.

According to new unemployment statistics that came out last Friday, there is an increase in the unemployment rate (to 9.5%) with 125,000 jobs lost. A bill to extend unemployment benefits to unemployed workers has stood stalled in Congress for a month as the GOP has so far blocked any attempts to extend unemployment benefits, even as unemployment rates still rise and there is no current major increase in hiring. The Republican move, stemming from a stance to stop government spending, has effectively cut off unemployment benefits for millions of unemployed workers who need those small stipends to cover their living expenses while looking for work.