Posted by: coastcontact | March 9, 2012

The Issue is Long Term Unemployment

From the Bureau of Labor Statistics report dated today, March, 9, 2012.
“The number of long-term unemployed (those jobless for 27 weeks and over) was little changed at 5.4 million in February. These individuals accounted for 42.6 percent of the unemployed.”

“The number of persons employed part time for economic reasons(sometimes referred to as involuntary part-time workers) was essentially unchanged at 8.1 million in February. These individuals were working part time because their hours had been cut back or because they were unable to find a full-time job.”

Perhaps this answers the question, why is one in seven Americans receiving aid to buy food?

Millions of people lost jobs in the last four years, and being plunged into poverty made them eligible for food assistance. “That’s the way this program is designed,” said Kevin Concannon, the head of the USDA’s Food and Nutrition Service. Some 15 percent of the population-the highest rate since 1993-now lives at or below the poverty level, which is defined as $19,090 per year for a family of three. The average food stamp household of 2.2 people receives $287 in monthly food-assistance benefits, or about $72 a week. That’s not a lot to feed two people, but food stamp spending adds up: It has quadrupled in the course of the last 10 years, to a total this year of $80.4 billion. Critics blame that cost explosion on relaxed eligibility standards that began under the Bush administration, and on a boost in monthly benefits put through by Obama as part of the 2009 stimulus package. Obama increased the amount of time people could stay on food stamps, and added about $80 to the monthly benefits of a family of four. “No program in our government has surged out of control more dramatically than food stamps,” said Sen. Jeff Sessions of Alabama.

The issue is the millions who are unemployed with no job opportunities on the horizon. Our nation’s leaders in both political parties have not offered any solutions. 

HAVE THEY?

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Responses

  1. i enjoyed your article as i always do. You really touched on a good point. I have two 20somes children, one has a job and the other cannot find work any more than their friends. It is an employers market and they pick and choose. We need to create jobs and repair our crumbling infrastructure before its too late.

  2. Absolutely worth to bookmark this article. Lots of important information we can get in this web page. Superb!

  3. Fear cannot be without hope nor hope without fear. Baruch Spinoza


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