Unemployment rate falls, but many will be without benefits soon [Hamilton JournalNews, Ohio]
| By Randy Tucker and Chesley Levingston, Hamilton JournalNews, Ohio | |
| McClatchy-Tribune Information Services |
The national unemployment rate fell from 9 percent to 8.6 percent in November as employers added 120,000 nonfarm jobs, the
Still, nearly 14 million Americans remain unemployed, including more than a half million in
More than 40 percent of unemployed workers have been jobless for six months or longer, and most are receiving extended unemployment insurance benefits.
Federally funded extended benefits can last up to 99 weeks and are paid out in tiers, once state benefits have been exhausted.
But unless
She said she worked in accounting for 20 years.
"I'm afraid even if I take a temporary lower paying job, that may put me in that lower category and I'll never recover from that. You lose years of my unemployment history simply by taking a lower paying job, then I'm going to be stuck in lower paying jobs. Not only that, it's the challenge," she said.
The average length of unemployment now stands at near-record high 40.9 weeks, and there are about five unemployed workers for every job opening, according to the
Congressional leaders in both the
Republicans want to pay for an extension mostly through budget cuts, while
Enloe, a mother of two, said her 29-year-old daughter just graduated from nursing school, but can't find a job either.
Her daughter said, "Mom you told me to go to college and now I'm in the same boat as you are."
___
(c)2011 the Hamilton JournalNews (Hamilton, Ohio)
Visit the Hamilton JournalNews (Hamilton, Ohio) at www.journal-news.com
Distributed by MCT Information Services
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