When unemployment hit 5.5 percent in May, it was the largest jump in 22 years. In May, the number of jobless workers rose by 861,000, and the number has increased by 1.6 million over than past 12 months. Payrolls declined by 49,000, falling for the fifth month in a row—down by 324,000 jobs since the end of last year. Because of the sorry state of our economy, more workers are staying jobless longer—so long they run out of unemployment insurance benefits. It is important to remember that unemployment insurance benefits ARE insurance—not government handouts. Workers and employers pay for this insurance with every paycheck. Workers deserve the help they need to get back on their feet after a job loss. By a veto-proof margin, the U.S. Senate passed an amendment to the war supplemental appropriations bill that included the emergency unemployment extension (for 13 weeks nationwide and another 13 weeks in high-unemployment areas). The measure is now before the U.S. House and facing virulent threats of veto by President Bush that require a two-thirds majority in the House. The House is likely to vote on a stand-alone version of the extension. Whatever happens, our members of the House MUST get this expansion passed. Working families are relying on them. |