long term unemployment

    things could get nasty soon..

    Posted by hazbin1 on 18th of Nov 2010 at 05:32 pm

    if u  had a decent paying job and got downsized, you have 99 weeks of unemployment. + you get subsidized cobra for ~18 months. why work for minimum wage. wait for the 99 weeks to run out....

    That's exactly what's happened. For

    Posted by ditch on 18th of Nov 2010 at 05:48 pm

    That's exactly what's happened. For some the 99 weeks is running out now and others it will later but when it does, they will find work, and the unemployment rate will drop,imho.  

    I was unemployed for a few months in the 70's, I think there were only 26 weeks you could draw back then, it sure wasn't 99 Weeks! First month, great $$$ money keep coming in and didn't have to go in to work. Second month, nice, I could get to like this, third month, this is too good to be true, fourth month,,,,,,,,,what will I do when this runs out? Fifth month, heck this is about over and then what! So I found a job painting houses......

     

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