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WSJ: One Million Eshausted Jobless Benefits in the past year.

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WSJ: One Million Eshausted Jobless Benefits in the past year. Empty WSJ: One Million Eshausted Jobless Benefits in the past year.

Post by Guest Fri Apr 29, 2011 9:03 am

Roughly 1 million people in the U.S. were unable to find work after exhausting their unemployment benefits over the past year, Labor Department data released Thursday suggest.

http://blogs.wsj.com/economics/2011/04/28/one-million-exhausted-jobless-benefits-in-past-year/?mod=google_news_blog

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Post by nuttin2lose Fri Apr 29, 2011 9:38 am

Although I am glad to see this get coverage, the number is way too low. Also of course, they are assuming all the jobs created went to exhaustees.

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Post by Guest Fri Apr 29, 2011 9:51 am

My feelings exactly nuttin. I wonder if they will ever get the numbers right.

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Post by gettheminNOVEMBER Fri Apr 29, 2011 1:29 pm

nuttin2lose wrote:Although I am glad to see this get coverage, the number is way too low. Also of course, they are assuming all the jobs created went to exhaustees.

This is way low there were 4 or 5 million last month. Now some states are cutting tiers. Sad part is people think it will get better before there benefits run out. Sadly this is not the case.

13 million unemployed counted another 4 or 5 million unemployed with nothing and not counted. This spells disaster for the economy.
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Post by Jobless_in_Ma Fri Apr 29, 2011 1:35 pm

One million is extremely low. I don't think they truly know how many there are.

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Post by lendmeflight2 Fri Apr 29, 2011 1:39 pm

One million over the past year is too low but 4-5 million last month is way too high as well, unless you meant 4-5 million altogether. There are close to 700,000 new 99ers every month from November through March then it starts to taper off. This is about 99 months when the jobless started to go way down from where it was.
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