Unemployment Benefits: What is next?
Last month, one of the hot debates was the question, are unemployment benefits beneficial or damaging to the economy? There were many different views on the issue as to whether individuals were actually taking advantage of the situation or simply using the money in a great time of need. Regardless of anyone's personal stance on the issue, at the end of June, the House rejected an extension of unemployment benefits because of concerns of our national debt. The last extension expired at the end of May. It was mentioned in an article on moneynews.com that more than 1 million people who have been laid off for long stretches have already lost benefits. However, if the benefits were extended again, it would have been through the end of November at a cost of $33.9 billion. Here is hoping for many positions to open up in our economy and for many applications to be received on your next open position posted! If interested, you can read more about the unemployment benefits by following the link below.
"House Rejects Extension of Unemployment Benefits"
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