It's final. Unemployment benefits are extended until November 2010. It's been a long wait. The funds were desperately needed.
Have been sending at least 2 resumes every week with no results. Not even an interview.
Monday, July 26, 2010
Wednesday, July 21, 2010
Unemployment extension news
From Sirius Buzz website
Unemployment Extension Legislation Passes Senate
July 20, 2010 (3:42 pm) Spencer Osborne
As the day wore on, it became apparent that a much watched unemployment bill in Washington had enough votes to pass the senate. The markets, anticipating this news, have been up all afternoon and Sirius XM participated. Earlier today it was announced that unemployment rolls are down, but the deeper news is that many have exhausted their benefits and are no longer counted as unemployed. With this new legislation, if signed, some 2.5 million who have had their benefits lapse will once again be on the unemployment rolls. Currently the nation has an unemployment rate of 9.5% (excluding those that are no longer receiving benefits). The numbers are indeed staggering. Some have been unemployed for over two years, and have simply decided not to seek employment. The legislation passed by a 60 to 40 vote.
As people debate the health of the economy, there is still the unavoidable fact that a large percentage of the population is unemployed. With the potential return of benefits to many who are unemployed, the gears of the economy might be able to get back on track. There is even discussion that the benefits could be retroactive. This will line the pockets with much needed cash for those who have spent the last months trying to figure out how to buy the groceries.
If nothing else, the pure numbers of people without work is an indication that the economy has a long way to go before an official recovery can be announced. That being said, the restored benefits should at least help people out while the march to recovery trudges along.
Unemployment Extension Legislation Passes Senate
July 20, 2010 (3:42 pm) Spencer Osborne
As the day wore on, it became apparent that a much watched unemployment bill in Washington had enough votes to pass the senate. The markets, anticipating this news, have been up all afternoon and Sirius XM participated. Earlier today it was announced that unemployment rolls are down, but the deeper news is that many have exhausted their benefits and are no longer counted as unemployed. With this new legislation, if signed, some 2.5 million who have had their benefits lapse will once again be on the unemployment rolls. Currently the nation has an unemployment rate of 9.5% (excluding those that are no longer receiving benefits). The numbers are indeed staggering. Some have been unemployed for over two years, and have simply decided not to seek employment. The legislation passed by a 60 to 40 vote.
As people debate the health of the economy, there is still the unavoidable fact that a large percentage of the population is unemployed. With the potential return of benefits to many who are unemployed, the gears of the economy might be able to get back on track. There is even discussion that the benefits could be retroactive. This will line the pockets with much needed cash for those who have spent the last months trying to figure out how to buy the groceries.
If nothing else, the pure numbers of people without work is an indication that the economy has a long way to go before an official recovery can be announced. That being said, the restored benefits should at least help people out while the march to recovery trudges along.
Friday, April 16, 2010
HR 4718 Is the bill before the House to suspend Federal Income tax on unemployment for THREE years. SUPPORT THIS BILL BY E-Mailing your Rep in the house. This is an extremely important bill for everyone on unemployment. Just do it.
Sunday, March 28, 2010
Suspension of Unemployment taxation
In the 111th Congress, a bill was introduced to amend the Internal Revenue Code of 1986 to suspend the taxation of unemployment compensation for 2 years. Did you know that up until 1986 that it was never taxed. Not even by the states. Yes, Ronald Regan the great tax reformer, started his new source of revenue for the fed. Then the states jumped all over it and effectivly lowered the payments by 10 - 12%. I would like to lobby Congress to reconsiter the bill. With your help an internet petition could do that. Then constant pressure thru the web could assure it,s passage. It'll take some work but is entirely possible. What do you think out there?
Thursday, March 25, 2010
Where are the Jobs?
Have recently taken many classes to upgrade my skills but still can't find employment.
Have been applying to numerous ads, mostly online, and no results. Is there anyone else out there who is having this problem?
Have been applying to numerous ads, mostly online, and no results. Is there anyone else out there who is having this problem?
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