-----Original Message----- From: [email protected] [mailto:[email protected]] On Behalf Of gary Sent: Tuesday, December 14, 2010 9:48 AM To: Triumph of Content Subject: [TriumphOfContent] Here come the '99ers
Sent to you by gary via Google Reader: Here <http://feedproxy.google.com/~r/CalculatedRisk/~3/CMkBcFEwlrk/here-come-99er s.html> come the '99ers via Calculated <http://www.calculatedriskblog.com/> Risk by CalculatedRisk on 12/12/10 "This is just as scary as people lobbing mortars over your head at 2 o'clock in the morning." James Mitchell, a 64-year-old Vietnam veteran who lost his job in early 2009 and is about to exhaust his unemployment benefits. As I mentioned <http://www.calculatedriskblog.com/2010/12/tax-negotiations-no-help-for-99er s.html> last week, the proposed tax legislation provides no additional help for the so-called "99ers". The "extension of the unemployment benefits" is an extension of the qualifying dates for the various tiers of benefits, and not additional weeks of benefits. The above quote is from an article by Richard Read in the Oregonian: Oregon <http://www.oregonlive.com/business/index.ssf/2010/12/oregonians_exhausting_ jobless.html> aid agencies brace for tens of thousands losing unemployment benefits Each week, about 600 Oregonians exhaust jobless benefits. In January, about 4,000 a week will lose coverage. And state officials expect those numbers to spike in April when more than 35,000 people will exhaust benefits in a single week. ... If Congress acts within days to extend emergency unemployment compensation nationally, 14,000 fewer Oregonians will lose benefits in April. But President Barack Obama's proposed extensions ... won't do anything for those who exhaust the maximum 99 weeks of jobless benefits. ... The mass exhaustion of benefits, an echo effect of the great recession, is unprecedented ... <http://cr4re.com/charts/charts.html#category=Employment&chart=99ers.jpg> Unemployment, here come the 99ers Click on graph for larger image in graph gallery. This graph shows the change in payroll jobs each month. The peak job losses were in early 2009 - and 99 weeks is just under two years - so many of those people will be exhausting their benefits over the next few months. There is much more in Richard Read's article <http://www.oregonlive.com/business/index.ssf/2010/12/oregonians_exhausting_ jobless.html> - he discusses how the local aid agencies in Oregon are preparing to help, but there is only so much they can do. <https://blogger.googleusercontent.com/tracker/10004977-969021816457991292?l =www.calculatedriskblog.com> Things you can do from here: * Subscribe <http://www.google.com/reader/view/feed%2Fhttp%3A%2F%2Fwww.calculatedriskblo g.com%2Ffeeds%2Fposts%2Fdefault?source=email> to Calculated Risk using Google Reader * Get started using <http://www.google.com/reader/?source=email> Google Reader to easily keep up with all your favorite sites __._,_.___ Reply <mailto:[email protected]?subject=re%3a%20here%20come%20the%20%2799ers> to sender | Reply <mailto:[email protected]?subject=re%3a%20here%20come%20the%2 0%2799ers> to group | Reply <http://groups.yahoo.com/group/TriumphOfContent/post;_ylc=X3oDMTJyZzhqMGZjBF 9TAzk3MzU5NzE0BGdycElkAzE3OTM4NjM5BGdycHNwSWQDMTcwNTA2Mzk4NQRtc2dJZAMyMjAzMQ RzZWMDZnRyBHNsawNycGx5BHN0aW1lAzEyOTIzNDg4NzE-?act=reply&messageNum=22031> via web post | Start <http://groups.yahoo.com/group/TriumphOfContent/post;_ylc=X3oDMTJmOWlmZDI2BF 9TAzk3MzU5NzE0BGdycElkAzE3OTM4NjM5BGdycHNwSWQDMTcwNTA2Mzk4NQRzZWMDZnRyBHNsaw NudHBjBHN0aW1lAzEyOTIzNDg4NzE-> a New Topic Messages <http://groups.yahoo.com/group/TriumphOfContent/message/22031;_ylc=X3oDMTM3a mRzanA4BF9TAzk3MzU5NzE0BGdycElkAzE3OTM4NjM5BGdycHNwSWQDMTcwNTA2Mzk4NQRtc2dJZ AMyMjAzMQRzZWMDZnRyBHNsawN2dHBjBHN0aW1lAzEyOTIzNDg4NzEEdHBjSWQDMjIwMzE-> in this topic (1) Recent Activity: Visit <http://groups.yahoo.com/group/TriumphOfContent;_ylc=X3oDMTJmbWU3OTJmBF9TAzk 3MzU5NzE0BGdycElkAzE3OTM4NjM5BGdycHNwSWQDMTcwNTA2Mzk4NQRzZWMDdnRsBHNsawN2Z2h wBHN0aW1lAzEyOTIzNDg4NzE-> Your Group MARKETPLACE Stay <http://global.ard.yahoo.com/SIG=15ognkgap/M=493064.13983314.14041046.132984 30/D=groups/S=1705063985:MKP1/Y=YAHOO/EXP=1292356071/L=45bde880-07aa-11e0-be ca-071e4d8da0e2/B=Ac5IA0oGYqA-/J=1292348871661437/K=YCxJgL7s9GODC2hxgSUR8w/A =6060255/R=0/SIG=1194m4keh/*http://us.toolbar.yahoo.com/?.cpdl=grpj> on top of your group activity without leaving the page you're on - Get the Yahoo! 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