200,000 New Yorkers will lose unemployment benefits soon unless Congress acts…Don’t read ths!!!

Posted on November 20, 2010 by rockingjude
Recession special at Gray's Papaya shop
Image by Ed Yourdon via Flickr

The thing that the government would most like you to forget…~jude #justsaying

The NY labor department warned on Friday that 200,000 unemployed New York state residents will have their unemployment benefits cut off by the end of the year if Congress fails to continue the extensions that are currently in place.

“These are the facts: Without federal legislation to extend Unemployment Insurance benefits past November 28, some 200,000 New Yorkers will prematurely exhaust their extended UI benefits by the end of the year,” the department said in a statement.

Unemployment insurance extension programs currently total 93 weeks in New York State.  They are set to expire on November 28th, 2010.  If Congress does not act before then, those who have not yet reached the current maximum will be unable to move to the next “tier.”

“To our nation’s lawmakers: now is the time for decisive action on behalf of our nation’s unemployed.  There is not a moment to lose,”  State Labor Commissioner Colleen Gardner said.  The labor department appears to be urging Congress to both continue the extensions that are currently in place, and to enact legislation adding an additional 20 weeks for those who have exhausted the current maximum.

If the extensions are not continued, 400,000 unemployed New Yorkers could lose benefits by May, 2011, the department said.  Almost half of the affected people are residents of New York City, with 95,000 city residents projected to exhaust benefits by the end of 2010 and 190,000 by May, 2011.

Nationwide, two million unemployed will be cut off by the end of the year if Congress fails to act, according to the National Employment Law Project.

Congress returns to work Monday.

http://www.examiner.com/unemployment-benefits-in-new-york/200-000-new-yorkers-will-lose-unemployment-benefits-soon-unless-congress-acts

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