H.R. 6556, The Emergency Unemployment Compensation Expansion Act (245 comments ↓)

  • This item is from the 111th Congress (2009-2010) and is no longer current. Comments, voting, and wiki editing have been disabled, and the cost/savings estimate has been frozen.

H.R. 6556 would provide for the further temporary extension of the emergency unemployment compensation program.

(

Learn More

Visitor Comments Comments Feed for This Bill

Page 1 of 4: « First/Oldest | ‹ Previous | Next › | Last/Newest »


(logged-in user) December 19, 2010, 2:16pm (report abuse)

Here we go again..............hang on everyone.


(logged-in user) December 19, 2010, 2:39pm (report abuse)

Thanks for the links, CalifGirl!!! I hope and pray something gets done for all 99er's...It would be a miricle for sure!!! Merry Christmas to all!!


(logged-in user) December 19, 2010, 2:57pm (report abuse)



(logged-in user) December 19, 2010, 3:20pm (report abuse)

I sure hate to get excited, we all have been so many times just to have our hopes dashed...That said, it would be such a blessing to all of us that are struggling every day only to lose the battle inch by inch. I'm praying for all of us every day!


(logged-in user) December 19, 2010, 4:25pm (report abuse)

Congressional Black Caucus


Phone: 202-226-9776.

Fax: 202-225-9817


(logged-in user) December 19, 2010, 5:59pm (report abuse)

might be worth contacting:



(logged-in user) December 19, 2010, 6:58pm (report abuse)

Cautiously optimistic...but calling/emailing tomorrow!


(logged-in user) December 19, 2010, 8:21pm (report abuse)

At least you are still optimistic Op2...

We are better than where we were on Friday. That is a good thing...for now.


(logged-in user) December 19, 2010, 8:57pm (report abuse)

Lee introduces bill in House to provide unemployment extension for 99ers



December 20, 2010, 1:59am (report abuse)

hope all i have now hope there pass it soon how long does it take to get house floor


(logged-in user) December 20, 2010, 10:39am (report abuse)

I am praying for you all that this is a true and faithful bill that will get passed for all 99er's. I want nothing more than all unemployed to be taken care of. Wishing you my best, and I will do whatever it takes to help.

This would be a great Merry Christmas present to you all!!

God Bless You All, and Keep Your Hope Alive and Well!!


(logged-in user) December 20, 2010, 11:33am (report abuse)

The unemployed extension 2010 for the 99er’s has been in the House since Friday. This little known unemployment extension bill for the 99er’s was introduced by two Representatives in the House. The process has just begun, and it may be a long shot for this 99er’s 2010 unemployment extension bill to make it to the House floor, but it a chance is better than nothing! The more people that know about the 99er's unemployment extension bill in the House and advocate for it to pass, the better the chances become.

It has been a rough ride for the 99er's and the lack of positive comments around this bill passing should be expected due to the history the 99er's are familiar with when it comes to getting their hopes up, but it is not a dead horse yet. Instead of treating this new unemployment extension bill for the 99er's as a bill that is already defeated, gather support around it.


(logged-in user) December 20, 2010, 11:34am (report abuse)


B House

December 20, 2010, 11:44am (report abuse)

Be still our hearts! Go to change.org and sign the bill for this thing to gain steam. I have written the White House several times and my state senators begging for this. What a sonderful Christmas gift this would be for us.

Merry Christmas and God bless us all!


(logged-in user) December 20, 2010, 12:43pm (report abuse)

Gregg Rosen (99er) on Varney & Co.this morning incase you missed it...



(logged-in user) December 20, 2010, 1:50pm (report abuse)

Bill For 99ers



December 20, 2010, 3:09pm (report abuse)

Go to the change.org site and sign the petition for this bill. We need more people to sign there is only 500 at this time.

No more

December 20, 2010, 3:40pm (report abuse)

welfare for the lazy 99'ers. Get off your lazy butts and get a job.


December 20, 2010, 3:59pm (report abuse)

My response to "No More"......I am 58 years old and have worked since I was 15 years old. I put my only son through college and law school. I was laid off in October 2008 from a job that I had for almost 30 years. I apply daily for jobs that I am over qualified for just to support myself. I have had a measly four interviews in the last 18 months. Very few employors want to hire someone my age. I am desperate for work. This employment extention is a life line which keeps me afloat. My benefits ran out four months ago and my house is headed for foreclosure on a fast track.

Lazy butt.....I don't think so!

Frustrated in Illinois

December 20, 2010, 8:54pm (report abuse)

There is nothing more aggravating than to hear people talk of us 99ers as slackers, lazy butts, collectors of the cash, etc etc etc. There are those of us who have worked over 30 years, paid our taxes when working--PLUS we paid taxes while on unemployment! To hear wealthy people and the higher-ups complain about the extension is a slap in the face to all of us 99ers. I am praying like mad that this bill passes otherwise 2011 will start off with no money, no job, no taxcuts because of no job, and may have to take a real hard look at bankruptcy. That's where my non-existent money will go! Not to the economy, but to a court to get rid of what I owe because of no unemployment and no way to pay! To all of us 99ers: regardless of what happens may we all have a joyous holiday and new year!

Still lazy butts

December 20, 2010, 11:43pm (report abuse)

looking for handouts or other ways to avoid working for a living. No reason for anyone to be unemployed for two years or more.


December 21, 2010, 1:45am (report abuse)

What jobs are these idiots on FOX television talking about? Do they honestly think that employers aren't using the current crisis to their full advantage. I can't tell you how jobs I've applied for and was told I was overqualified.

They won't hire us, and when they do hire some moron, they usally pay that person 3-5 dollars less than they would have paid them a few years agao. In a sense, these greed-driven companies are using the unemployed--and highly qualified, as tools to better their situation. Remember people, it's not about profit, it's about profit margin.


(logged-in user) December 21, 2010, 10:44am (report abuse)


The following was posted in the comment section of an article written by Michael Colliss titled "H.R.6556-Latest Attempt to Expand Unemployment-Serious Attempt or Cynical Ploy" at ALLNEWS247.com by a poster known to me only as Jerry. I do not know Jerry personally but I presume by his comments he is a 99er and in his comments he asked everyone reading his comments to "Copy and paste this to every blog and unemployment advocacy organization you can!".


Senior Citizen

December 21, 2010, 10:44am (report abuse)

Do you think we WANT to be 99'ers? I wish all those people out there that call us Lazy Butts or basically moochers would loose their jobs and be put in the same position we are. Don't call me names until you have walked in my shoes. We have worked for over 30 years and lost our jobs through no fault of our own. Being long term jobless and over 50 gives some of us a double strike against us when we apply for a position. We need extended jobless benefits for the 99'ers to keep us afloat until this tax cuts package creates all these jobs it is suppose to. We are American taxpayers also. Yes- we do pay taxes on jobless benefits contrary to popular belief. Extending benefits for even only 20 weeks would be 20 more weeks of money going back into the economy and would give us a temporary lifeline until the job market picks up.


(logged-in user) December 21, 2010, 10:47am (report abuse)

Hi all... I didn't know this page was here... hopefully we don't get to page 1000 before we get some help!!! I am seriously optimistic... can't help it... but hope something happens.

To the POS troll running your dumpster trap...yeah makes so much sense that I would rather have a measly $230 a week instead of my usual $600 a week... boy I can't wait to get that so I can pay for my bills and not have to ask for money to put gas in my car while I drive around a 60 mile radius looking for work!! SCAG!


December 21, 2010, 10:58am (report abuse)

To all here who choose to bully the 99ers and unemployed...Since what your doing is illegal and tired of watching this happen, its not opinion that you are stating its bulling...Its a stated fact that there are not enough jobs available so.....Let me educate you on something.....I will press charges if the bulling of the unemployed continue...Its illegal and you will stop...Thank You and Have a Nice day.


(logged-in user) December 21, 2010, 11:06am (report abuse)

Hatch displays stunning lack of knowledge on unemployment insurance

Hopefully Orrin Hatch is reading the local, Capitol Hill news. Last week, he became one of the growing numbers of congresspeople who showed his vast ignorance on the topic of unemployment insurance.

WASHINGTON -- Utah Republican Sen. Orrin Hatch said this week that extended unemployment insurance "is well over 100 weeks now," making him the latest millionaire member of Congress to publicly demonstrate that he does not understand the unemployment legislation he obstructs....

Hatch joins Sen.John Barrasso (R-Wyo.) and Rep. Michele Bachmann (R-Minn.), who in the past few weeks made the same mistake. HuffPost first reported that members of Congress don't understand unemployment benefits back in November. Most of them don't understand what it's like to struggle to find work, either.



(logged-in user) December 21, 2010, 11:11am (report abuse)

The U.S. Labor Department says about 12,000 Tar Heels are exhausting their EUC benefits each month and Brown said he expects the local pace may accelerate if the Burke County job market doesn’t improve.

Those people’s only option to get income may be finding a job, but work remains scarce. N.C. ESC’s JobBank currently lists 225 jobs


Always a way

December 21, 2010, 11:18am (report abuse)

There are always jobs to do without the need of an employer. House keeping is a job most unemployed "American's" won't do, but it is job that pays. So yes, get off your butt and think out of the box.

Bunch of Welfare Scammers

December 21, 2010, 12:22pm (report abuse)

looking for handouts so you don't have to work for a living. Get off the couch and get a job.


December 21, 2010, 12:33pm (report abuse)

So why aren't you working today?


(logged-in user) December 21, 2010, 1:29pm (report abuse)

HR6556 is Dead: 99ers “Scrooged” AGAIN! http://t.co/RRGJJkp


(logged-in user) December 21, 2010, 1:34pm (report abuse)

START, 99ers, Net Neutrality: Today’s Q’s for O’s WH -- 12/21/10

TAPPER: And, then, lastly, as you know, there is a group of unemployed who have called themselves the 99ers...

GIBBS: Sure.

TAPPER: ... they're individuals who have been -- who's unemployment insurance has run out. They were not included in the deal, the tax deal that the president signed with Mr. McConnell, the Republicans and others. Is there anything that the president can do for them?

GIBBS: Well, I think the best thing that we can do as a country is to get -- get a fragile economy more stable, and one that creates more jobs. I think that's -- that's why I think, you know, economists said that they would reorient their growth estimates based on the agreement that the president signed. And obviously, the best thing we can do for them is to create an environment where businesses are hiring.


(logged-in user) December 21, 2010, 1:34pm (report abuse)

Look, we have -- what you've heard me say on a number of occasions, that one of the great benefits of the agreement was taking the politics out of -- out of unemployment insurance. We -- we -- we have -- it's been a contentious battle just to get unemployment insurance to continue up to 99 weeks. It's not -- it's not in any way been easy. And this takes the politics out of that throughout 2011 and hopefully we can focus -- continue to focus on getting the economy moving again and providing -- providing those guys with a helping hand with a job.



(logged-in user) December 21, 2010, 2:17pm (report abuse)


in regards to that article:

it states:

"The language of this bill has yet to be released"

the language/text has been released. http://thomas.loc.gov/cgi-bin/query/z?c111:H.R.6556:


it states:

"According to the staffers"

what staffers? their names?

article is premature....while I am not optimistic, the day is not over.

God Bless us all


(logged-in user) December 21, 2010, 2:39pm (report abuse)

Bill text/language:


IN ENGLISH, please

December 21, 2010, 3:03pm (report abuse)

"And obviously, the best thing we can do for them is to create an environment where businesses are hiring." Furthermore, the 99ers can ride magical unicorns to the docks and board yachts full of gold and gems, and afterward, they can drink from the fountain of youth . . . it's all possible in this wonderous planet of majic, we just need to "create an environment where businesses are hiring.

Hey Gibbs, jackass that you are, who do you do such a thing? Greed is rampant among big companies and corporations--you give them an inch and they'll take a mile--and then charge you an acceptance fee for taking that mile.

Get off the crack pipe, morons of the world, morons who think the rest of us are as ignorant as politicians believe we are.


December 21, 2010, 3:04pm (report abuse)

how not who; I type to fast for my own good.

IN ENGLISH, please

December 21, 2010, 3:05pm (report abuse)

too fast, not to fast


December 21, 2010, 5:34pm (report abuse)

I have reported abuse on the negative and degrading comments made about the 99ers. I will not take it any more. This bill must pass now before Christmas because we need it.


(logged-in user) December 21, 2010, 7:15pm (report abuse)

Responding to a comment from a reader, Colliss wrote yesterday: "I am hard containing both my contempt and anger at Congresswoman Lee’s antics (and in my mind there is no other word for it). She could have introduced this earlier but did not. Sort of reminds one of the much welcomed and acclaimed 'Americans Want to Work Act' introduced by Senator Stabenow who, as near as can be ascertained did nothing – absolutely nothing – to get it out of committee and then made a half hearted attempt to pull of a unanimous consent request which even she must have known would go nowhere."

Michael Colliss worked for 21 years as a staff member in Congress.


(logged-in user) December 21, 2010, 7:16pm (report abuse)

"Look, I have learned long ago that you really cannot predict how far Congressmen will go for attention and good press. That is alas part of the game out there. But to do this during Christmas week and raise people’s hopes when there is no way this will happen in this or any alternate universe is about as heartless as it gets. I think she may think that people will not see this as an almost transparent attempt to get some good press. So, in addition to not caring about adding stress to the 99ers (as if they do not have enough already) apparently the good Congresswomen from California thinks the 99er community and advocates for unemployed are stupid as well," Colliss wrote.



December 21, 2010, 7:56pm (report abuse)

The media didn't report that the 99er's were left out of the bill or they mis-reported the facts and stated that people would now be able to get up to three years of unemployment benefits.

I have worked for over 45 years, always paid my share of taxes and made charitable contributions. In 2009 the company I worked for was sold and i was laid off. I must have applied for well over two hundred jobs right down to minimum wage jobs with no offers ever beeing made to me. For any of you to think that we are lazy and don't want to work, you're nuts. Show me the jobs!!! Where are they??? Jobs created this year were mostly skewed numbers with temporary census jobs. Companies have just not been hiring. They have the capital but have not been willing to release/reinvest it in their companies because they did not know what this administartion was going to do to them -taxwise. Hopeffully, with the tax cut extensions, companies may lighten up and start to grow their companies and create jobs.


December 21, 2010, 7:56pm (report abuse)

As far as the cost of giving the 99er's an extension, it's a no-brainer. If they get the extension they'll put that money right back into the economy. On the other hand, if they don't get the extension, more and more of them will find themselves going into bankruptcy and losing their homes, which will only adversely affect the economy. Additionally, more aand more of them will eventually end up on the dole, on welfare and food stamps. Is that what we want?

As for 99er's being lazy, it is only selfish bigotted people posting those comments.

Also, lets not forget that unemployment insurance is not a handout - we all paid into the system or at the least our former employers offset the unemployment insurance premiums by not giving us pay raises. So we paid!!!


December 22, 2010, 1:05am (report abuse)

Yeah, how low will these jerks go. This farce the politicians play with us is bad enough, but at Christmas, when I'm sure many of us are out there selling what few things we have left in order to give our children SOMETHING for Christmas (further helping these big companies by the way) ... it's down right shameful. REVENGE, please.

Just more

December 22, 2010, 1:22am (report abuse)

whining, crying, and moaning. But it is only what should be expected from a bunch of lazy no-goods who think they "deserve" to be paid not to work. Sort of reminds me of the auto workers before the big bust. Sit in the breakroom playing cards and draw $25 an hour.

It's perfect justice that no more money is being handed out to these so-called "99ers".


December 22, 2010, 4:17am (report abuse)

We want it, and we might get it-how do you them apples, beeyatch? You are a total loser-why would you ever waste your time on a web site such as this-lemme guess, can't get a date, with an attractive girl. Put on your beer goggles and get out and do something else.


December 22, 2010, 8:08am (report abuse)

@Just more - what's your problem? Do you think the money is all coming out of your pockets? We all paid into the system too. That is what insurance is all about, lots of people pooling their money (premiums) so that any of them could be protected if and when needed. Is that a bit of jealousy I sense? If so, you are definitely wrong. We don't want the UI we want to work. Perhaps you won't realize what this is all about until it happens to one of yours. Or maybe, you will never realize what's going on.


December 22, 2010, 8:32am (report abuse)






December 22, 2010, 9:34am (report abuse)

Op2mztk, I don't know. It sounds like a dog and pony show again! I just have to see it to believe it!


(logged-in user) December 22, 2010, 10:17am (report abuse)

Who are the homeless?

There are some general facts of which people should be aware. To begin, the number one cause of homelessness, as listed by the homeless themselves, is job loss, at 24 percent of respondents. The second salient fact is that homelessness has nearly doubled over the past two years. Yet, official statistics on unemployment show a slight drop over this time period. The conundrum is solved when one knows that "unemployment" is usually calculated on the basis of the census over households. Obviously, the homeless are not among those respondents. The more appropriate measure of unemployment is calculated on the basis of reported loss of job openings by employers themselves. Calculated in this manner, there has indeed been a small recent rise in the number of the unemployed.


(logged-in user) December 22, 2010, 10:17am (report abuse)

Here are a couple of other facts that have not emerged in the general statistical assays.

Among the unemployed, perhaps the most obdurate of all precipitating causes is so-called "over-qualification." The seriousness here is nearly universally ignored as a result of a kind of reverse discrimination. When serious enough, these people cannot even get a job as a dishwasher. Think: Every employer wants some kind of recent employment references, which they will certainly verify. Who is going to hire a dishwasher with a PhD — or more? I personally know of instances where such people, despite hundreds of applications for jobs most readers would never be willing to even consider, have endured years of frustration and, eventually, homelessness.



(logged-in user) December 22, 2010, 10:18am (report abuse)

99ers Protest Unemployment Extension With Candle Light Vigil

One of the more discussed articles on this site had interesting comments left by those in opposition to cutting off the 99ers benefits. You can read those comments here.

As a working American, it is difficult to see why people need a free ride past 99 weeks which amounts to almost two whole years. We were a country built on hard work and making opportunities happen for ourselves, and two years is more than enough time to scramble an opportunity together. Every fast food, department store and Starbucks seems to be hiring and if I desperately needed to support my family, I would have no problem working two full time jobs to do so.


Perhaps some viewers here would like to educate them that we can not even find one job, never mind two full time jobs.


(logged-in user) December 22, 2010, 10:20am (report abuse)


Go back in the closet Bush jr.


(logged-in user) December 22, 2010, 10:55am (report abuse)

Can anyone verify claims I am reading in forum posts that H.R.6556 is paid for with unspent stimulus money???


December 22, 2010, 11:22am (report abuse)

Here is how HR6556 was to be funded according to the bill.

(b) Clarification on Authority To Use Funds- Funds appropriated under either the first or second sentence of clause (iv) of section 2(c)(2)(D) of the Railroad Unemployment Insurance Act shall be available to cover the cost of additional extended unemployment benefits provided under such section 2(c)(2)(D) by reason of the amendments made by subsection (a) as well as to cover the cost of such benefits provided under such section 2(c)


(logged-in user) December 22, 2010, 12:47pm (report abuse)

the fact that Rep Lee drafted this bill as an 'emergency expenditure' means that this was no serious attempt to the help the 99ers. A staffer in Rep. Scott's office told me this morning that HR6556 will not be coming out of committee. When I first called Rep. Lee's office, the message machine stated the 'office was closed''; a second call resulted in a staffer telling me that they are trying to pay for the bill by using unspent stimulus funds and 'other things'. The staffer also told me they tried to get this bill included in the tax package and pulled it out as a stand alone bill when that effort failed.



(logged-in user) December 22, 2010, 12:51pm (report abuse)

Though the 111th Congress is expected to end for the House tomorrow, you can bet Reps. Lee and Scott will offer H.R. 6556 again when the two lawmakers return on January 5, 2011.



December 22, 2010, 1:45pm (report abuse)

Patriots, good luck passing it when they get back! The new congress takes over then and they are not going to do nothing on this bill!


(logged-in user) December 22, 2010, 2:01pm (report abuse)

****** No Urgency in Obama White House to Save 99er Milli... http://t.co/aGqsqmx


(logged-in user) December 22, 2010, 2:50pm (report abuse)


Maybe if they find a way to pay for it....and things get even worse...

I don't want people to have zero hope through the holidays. It is going to be tough enough for most 99ers.


December 22, 2010, 3:11pm (report abuse)


Let's see how urgent it is for Dumbama to save his ass in 2012! Vote this wimp out!


(logged-in user) December 23, 2010, 12:13am (report abuse)

99ers Style Santa Baby



December 23, 2010, 12:36am (report abuse)

The American Holocaust. Thousands of Homeless Disappear from all the major cities.



(logged-in user) December 23, 2010, 9:14am (report abuse)

This stand-alone bill would cost approximately $15-16 billion dollars, according to a CBO analyst. That's a relatively small amount considering that millions of people would be helped, including millions of 99ers who have exhausted their unemployment benefits. 99ers began exhausting all benefits in March 2010. Estimates of the current 99er population range from 3-5 million and that population is expected to grow considerably during 2011.

A startling revelation about H.R.6556 is its relatively low cost compared to the $26 billion in taxpayer money that was lost when Congress and the President decided to raise the estate tax floor from $3.5 million to $5 million. That change helped 6,600 estates save more than $3 million each. Yet a cost of $16 billion to help millions of unemployed is deemed too expensive by many in Congress, especially Republicans. How Congress can jump to give multimillionaires more in tax breaks than they are willing to give 15 million unemployed is revealing.


(logged-in user) December 23, 2010, 9:15am (report abuse)



December 23, 2010, 9:16am (report abuse)

The American Holocaust. Thousands of Homeless Disappear!



(logged-in user) December 23, 2010, 9:18am (report abuse)

Posted by one of our bloggers,

It's time to start developing a new strategy to press for passage of the expansion of unemployment benefits for 99ers so we are ready come January 5'TH and the start-up of the 112'TH Congress. I encourage all to put on your thinking caps and start to examine how we turn this effort up a notch or two!

Leave comments on the following articles with your action ideas. We must find a way to unify our message and show our strength going forward.

Parts 1-4 - Unemployment Extension - a Wolf in Sheep's Clothing!






December 23, 2010, 10:05am (report abuse)

Well big mouth, just what have you accomplished? Not one damn thing! Nada! Zilch!

And now you think you have any chance with an even more conservative congress next year? Time to put it away and go get a job. But of course if you were employable you would already be working. A person with your obvious skills should have no problem. Right? Yeah sure. I hope the sarcasm was obvious.

Too bad!

So sad!

The train left the station and you are still standing on the platform.

Now perhaps you will find a nick more approproate. Loser certainly fits you well.


(logged-in user) December 23, 2010, 10:22am (report abuse)


You sure are grumpy in the morning.

My skills...no problem? Why are there people with PhD's and above homeless now?

"But of course if you were employable you would already be working"

So all the millions of unemployed are no longer employable...suddenly?

You are sounding a little like Limbaugh there.


(logged-in user) December 23, 2010, 10:33am (report abuse)


I have a couple questions about statements made in that blog.

“New York and California are now offering them voluntary shelter in FEMA prison camps”

Is there any available proof of that since it would have to be some sort of official program?

“If they were to extend unemployment benefits beyond the 99 weeks, the actual unemployment rate would go up to 25%. No matter what, this President could never allow this to happen”

How could that happen when the rate is determined by a phone survey, not the number collecting UI?

How the Government Measures Unemployment



December 23, 2010, 12:13pm (report abuse)

Kevin wrote that article he is two fries short from a happy meal....


(logged-in user) December 23, 2010, 12:33pm (report abuse)

Wastebook 2010



December 23, 2010, 2:53pm (report abuse)

Its amazeing how many elected officals that were totally lost reguarding the unemployment situation,(they know who they are), but had a opinion about it, they were totally against an extension. I guess all they need to know that 16 percent on the people were Black and 9 percent were white. (hispanic unknown). I guess that all they needed to know. How can you sleep at night knowing 5-6 million people are on their last breath!


(logged-in user) December 23, 2010, 3:14pm (report abuse)

99er Nation to Santa Baby 2010: Please Bring us a Viral Video Tonight


Merry Christmas 99er "Sacrificial Lambs" From Hawaii - Glad you're Not here



(logged-in user) December 23, 2010, 6:05pm (report abuse)

Obama to blink first on Social Security


Obama will likely unveil Social Security cuts in the State of the Union Address according to sources



(logged-in user) December 23, 2010, 6:44pm (report abuse)

Tier V Extension and “The Stubborn Facts” – Where Do We Go From Here?



(logged-in user) December 23, 2010, 8:26pm (report abuse)

Must See: Nordea's Chart Of The Week - Collapsing US Import Demand

Cargo stagnation

We have understood that Chinese cargo ships have been told to proceed at 'wind speed', because of a collapse in US import demand - this is partly visible in the activity amongst Long Beaches shoremen - hence, is this the final proof that the inventory rebuild that drove the recovery in the autumn is OVER?


Maybe millions of 99ers with no money to spend, and millions more working for peanuts now have something to do with that??????


(logged-in user) December 23, 2010, 8:37pm (report abuse)

Here is an interesting video.

buy the dip



(logged-in user) December 23, 2010, 8:50pm (report abuse)

Once again we were treated to the idiot patrol in the mainstream media making claims that are of dubious worth on this number release. Let's look at the report and suss out what's up.

"In the week ending Dec. 18, the advance figure for seasonally adjusted initial claims was 420,000, a decrease of 3,000 from the previous week's revised figure of 423,000. The 4-week moving average was 426,000, an increase of 2,500 from the previous week's revised average of 423,500."

Ok, we still have a "4" as the first number. Wake me up when the first number is a "3" and the second one is no higher than "5". That's consistent with some level of private payroll growth.

There's your seasonal hiring. It's not very strong, but it's present. That's good, and about half of the total is almost-certainly seasonal hiring as opposed to EUC and Extended benefits (which could be roll-offs, and probably are.)

The bad news is that last week three times as many people got added to the rolls.

Page 1 of 4: « First/Oldest | ‹ Previous | Next › | Last/Newest »

RSS Feeds for This Bill

Keep yourself updated on user contributions and debates about this bill! (Learn more about RSS.)