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SEWELL, New Jersey (Reuters) - Mary Kay Coyne has just filed what she says is her 1,862nd job application since being thrown out of work three years ago.
She is one of millions of Americans whose unemployment benefits have expired -- after 99 weeks in many states -- as the United States suffers its highest level of long-term unemployment since 1948. Coyne had to move in with a friend after benefit payments ran out last year. Now she gets by on Medicaid -- U.S. health insurance for the poor -- and food stamps, contributing what little she can to her friend's household costs.
"You're 56-years old and you feel like you are sitting on a big pile of nothing," said Coyne, who spends about four hours a day sending out resumes.
She used to earn $70,000 a year as an administrative assistant until her firm began to downsize and left Coyne among the growing number of Americans struggling to live on unemployment benefits, and eventually on minimal food aid.
Now Washington is considering cuts to social welfare programs to shrink a swelling budget deficit. It may not only be Americans like Coyne who feel the pain. Some economists say the cuts could make it even harder to shrink long-term unemployment that damages the wider economy by dampening consumer demand and lowering output.
Cindy Paoletti had no idea she would still be unemployed more than three years after being laid off by JPMorgan Chase. The 59-year-old accountant -- who volunteered to be laid off to care for her dying father --- now survives on loans borrowed against the falling value of her home, Medicaid and food stamps. "
By the end of the month we are down to practically nothing in the house," she says. The $200 in food aid she now receives each month goes furthest when spent on frozen vegetables and potatoes.
That's a far cry from Paoletti's lifestyle as a 23-year veteran at JPMorgan.
Originally posted by boncho
Yes, yes... Poor woman, very sad... etc,etc.
Covered Here
Originally posted by A por uvas
Never depend on anybody or anything except yourself.
I think the last line from the link
speak volumes
"I can curl up on the sofa and cry and pretend that it is going to get better but it is not going to go better unless I make it better."edit on 10-7-2011 by A por uvas because: (no reason given)
Originally posted by RUNSILENT
reply to post by boncho
i am ready to go anywhere on this planet for a job
30 years i n the car business for nothing
willing to do anything go anywhere
oh yeah and 4 yrs on a nuke sub i guess my stupid old fart lazy basement dwelling bum just needs to go away
just before the dealer closed he said nothing to worry about we are going nowhere
not a job to be had around these parts
Originally posted by RUNSILENT
reply to post by boncho
i am ready to go anywhere on this planet for a job
30 years i n the car business for nothing
willing to do anything go anywhere
oh yeah and 4 yrs on a nuke sub i guess my stupid old fart lazy basement dwelling bum just needs to go away
just before the dealer closed he said nothing to worry about we are going nowhere
not a job to be had around these parts