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The 99'ers
So I found out today that they've actually given a name to the long term unemployed. These are the people that have been on unemployment for so long, that they've exhausted all possible benefits. Which takes a year and a half. They're called the 99'ers. How fucking great would it be, if that's what LA finally named their pro football team some day if they ever get one? Basically they'd be the bums. It would be perfect. 100% perfect. Especially since they'd be from commie cali.
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Sadly, that term has been used for quite a while (just to show you how long it's been since this has been a problem). It came from the American Recovery and Reinvestment Act that Congress passed in February 2009. I think the first time I heard about 99ers bitching about needing longer time under the benefits was the Spring of 2010. I guess the ones getting on it immediately used that time up pretty easily.
I'm not sure if it is still on the table or not, but the Emergency Unemployment Compensation Act was put on the floor to add another 20 weeks onto it. -
I wonder how that works. I'm guessing 99+20 if the EUC was not previously used.EUC is a 100% federally funded program that provides benefits to individuals who have exhausted regular state benefits. The EUC program was created on June 30, 2008, and has been modified several times. Most recently, the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 (P.L. 111-312) extended the expiration date of the EUC program to January 3, 2012.
Please note that this enactment does not provide additional weeks of benefits to individuals who had already exhausted all entitlements under previous law.Comment
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One of Barry's big cons, is that a lot of these also don't count in the unemployment numbers. Nice. Some poor dude is out of work for 2 years, but he doesn't even count as a statistic.Originally posted by StanleyTweedle View PostComment
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Doesn't it stop being counted after 180 days? Also, not counting the ones that have expired or do not draw this benefit for one reason or another. Unemployment in the high teens easily.Originally posted by Vertnut View PostComment
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I am no expert on how it is measured so I could have this wrong but...
The headline version of unemployment counts only people who consider themselves to be part of the workforce. That category is called U3 or something like that.
They do count the number of people who don't work, I believe it is called the U6 category. It would include everyone in U3 plus people not looking because they can't find anything, are filthy rich, have gone back to school, are disabled, etc, etc. Last I heard it was around 17%.Originally posted by racrguyOriginally posted by racrguyComment
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Don't understand how you make it to that category, personally. When I first joined the ranks of the unemployed I may have taken a job that paid less, but I found a job. And it still paid more than unemployment.
Jobs are out there, it's controlling that ego that is the hard part...Comment
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Correct. If you're not drawing benefits, Barry doesn't count you. It's like food and gasoline are no longer figured in the inflation rate! If they did, inflation would be around 12% right now. It's funny how liar's figure, and figure's lie.Originally posted by Broncojohnny View Post
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The "under-employment" number (those that found a lesser paying job) is tremendously high, but it's still a job.Originally posted by mikec View PostComment
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I met some chicks that don't mind "under-employment."Originally posted by Vertnut View PostComment
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