This plan might not be for everybody, but if you are paying high premiums on insurance from car insurance to home insurance, you might want to increase your deductible. Just make sure, should something come up, you’d have enough in your emergency fund to cover it.
(Press Release Mag) –”With the holidays upon us, it’s safe to say that millions are breathing a sigh of relief,” said Colleen C. Gardner, state Labor Department commissioner, Friday. ”We’ve been preparing for this moment for some time here at the Department of Labor and are ready to pay retroactive benefits promptly. Our staff will […]
(Businessweek) — For Democrats, the timing was awkward. On Dec. 7, the morning after President Barack Obama announced a tax-and-spending deal with congressional Republicans that will extend unemployment benefits for another 13 months, the Bureau of Labor Statistics announced that there were 3.4 million job openings as of the end of October. In other words, […]
(AJC) — For 25,000 Georgians who are out of work, the last check is in the mail. For tens of thousands more, that day is fast approaching. Congress has not acted to extend federal unemployment benefits beyond this week, so, week by week, more unemployed Georgians will see their financial safety net disappear as their […]
(LA Times) — With 2 million jobless workers set to lose unemployment benefits this month, the kind of extension that Congress routinely approved in the past has fallen victim to partisan deadlock — and the consequences could be serious for the U.S. economy. The benefit payments have helped millions of families make ends meet. But […]
(Network Journal) — Jobless benefits will run out for 2 million people during the holiday season unless they are renewed by a Congress that’s focusing more attention on a quarrel over preserving tax cuts for people making more than $200,000 a year. It’s looking iffy at best whether Congress will renew jobless benefits averaging $310 […]
(Wall Street Journal) — Congress is unlikely to agree to extend jobless benefits for two million unemployed workers by the time the program begins to lapse in two weeks, as lawmakers struggle with a packed lame-duck session and voter antipathy toward government spending. But cutting off benefits could drag on a fragile economic recovery by reducing […]
(Bloomberg) – New York is preparing for the possibility that an extra 190,000 residents could lose emergency unemployment insurance benefits at year’s end if Congress fails to act next week, state Labor Commissioner Colleen Gardner said Friday. “This is no time to cut off benefits,” Ms. Gardner said. “We still have a job market where […]
(AP) — The number of people seeking jobless benefits jumped sharply last week, after two straight weeks of declines. The increase undermines hopes that unemployment claims, after falling four times in the previous five weeks, were on a sustained downward trend. That would signal layoffs were slowing and hiring was picking up. Instead, claims remain […]
(AP) — An economy growing 2 percent a year might be tolerable in normal times. Today, it’s a near-disaster. A growth rate of 5 percent or higher is needed to put a major dent in the nation’s 9.6 percent unemployment rate. Two reasons why that’s unlikely well into next year and maybe beyond: — Construction […]
by Charing Ball On Tuesday, Senate Democratic leaders plan to force a vote to reauthorize the temporary extension of unemployment benefits, which would extend benefits for 99 weeks for the 2.1 million unemployed, whose benefits lapsed early this past June. The vote comes after 39 days of filibusting by mostly Senate Republicans (and some centrist […]