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- A tumblr site dedicated to the people and places that make up Oregon and Southwest Washington.
This has been the worst recession since the Great Depression. 14.5 million people are out of work. The latest stas is 1 in 5 are looking for work. Ben Bernanke, Fed Chair, indicated this recession has more Americans unemployed for more than 6 months, which he believes jeopardizes the long-term viability of the workforce and economy. And AARP says people 50+ take approximately three months longer than younger workers to get a job.
There's one person associated with the nonprofit I work for, Life by Design NW, who indicated he'd been laid off, his wife (a small business owner) has recently been diagnosed with cancer, and his unemployment benefits just ran out. It's not a pretty picture, and it sure isn't easy out there. Congress should extend unemployment benefits and I believe they should do so in lieu of the tax break they just gave me.
posted 2 years, 5 months ago
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