posted on May, 28 2011 @ 07:40 PM
I just got wind that the Extended Benefits portion of the Unemployment Benefits for Arizona are set to end on the week ending June 11. I was curious
as to why, so I looked here here
Seems that 10 out of 11 job sectors saw growth to the point where it lowered the unemployment rate enough to warrant stopping unemployment benefits.
We still have a 9.3% unemployment rate, and the biggest employment gain that was seen was in construction.
Are we building new houses down here? Right. What's going on is a lot of remodeling and fixing up, but it still technically falls into the
"construction" category. These are temporary jobs at best, and the average man knows this. It's not enough that roughly 650,000 people will lose their
benefits because of a temporary gain in employment numbers, but to quote Paul Davenport :
"To keep the extended benefits, legislators would make a one-word change in a so-called “look back” formula so the current employment rate is
compared with the previous three years instead of just the past two."
Yet many legislators, Senate president Russel Pearce included, are balking at it because they think it "incentivizes" people to not look for work. In
other words, they think it help make people lazy.
What do you think about all this?
edit on 28-5-2011 by Taupin Desciple because: Clarity