Friday, January 30, 2004

Let them Eat Economic Expansion:

WaPo:Record Number to Run Out of Unemployment Benefits (

A record-high 375,000 jobless workers will exhaust their unemployment insurance this month and an estimated 2 million workers will find themselves in the same predicament during the first half of the year, according to an analysis of Labor Department statistics by the Center on Budget and Policy Priorities.

...Congress voted in 2002 to give unemployed workers an additional 13 weeks of benefits and extended the program twice. But it expired just before Christmas. Congressional Republicans said another extension wasn't necessary because the economy was gaining strength and job growth was near at hand.