"Our Children and Grandchildren are not merely statistics towards which we can be indifferent" JFK

Sunday, May 1, 2011

Millions Set to Lose Unemployment Benefits, Don't Worry, McDonald's Hired 62,000 in One Day, Well Yippee!!

Labor Secretary Hilda Solis "We still have a ways to go..."

As of March, about 14 million people
were unemployed and looking for work,
according to the household survey.

The Wall Street Journal
By Mark Whitehouse
April 30, 2011

5.5 million: Americans unemployed
and not receiving benefits

The job market may be on the mend, but that’s not much consolation to millions of Americans facing a frightening deadline: the end of their unemployment benefits.

The country’s unemployment rolls are shrinking fast, after expanding sharply last year as the government extended benefits to ease the pain of a deep economic slump. As of mid-March, about 8.5 million people were receiving some kind of unemployment payments, down from 11.5 million a year earlier, according to the Labor Department.

To some extent, the shrinkage reflects a desirable reality: Some people are leaving the unemployment rolls because they’re finding jobs. The number of employed in March was up nearly 1 million from a year earlier, according to the Labor Department’s household survey. That’s the biggest year-over-year rise since late 2007.

Many Americans, though, are simply running out of time. As of March, about 14 million people were unemployed and looking for work, according to the household survey. At the time the survey was done, about 8.5 million were receiving some kind of unemployment payments, according to the Labor Department’s Employment and Training Administration. That leaves about 5.5 million people unemployed without benefits, up 1.4 million from a year earlier.

There’s always a certain number of unemployed who don’t receive benefits. They may have just entered the labor force, quit their jobs or not been eligible for some other reason. But workers didn’t quit their jobs at a higher rate over the past year, and more exited the labor force than entered. That suggests the 1.4-million-person change largely reflects people losing their benefits.

For the more than 4 million Americans still receiving extended benefits, the picture isn’t encouraging. The longer they’ve been out of work, the harder it is to find a job. They’ve typically been unemployed for at least 26 weeks, and may have been out of work for as long as 99 weeks, which for many people is the limit.

In the coming months, hundreds of thousands more will drop off the unemployment rolls. The number of people using up their regular 26 weeks of unemployment payments peaked in August 2009 at nearly 800,000 a month. That means a lot of people should be hitting their 99-week limit right about now. And unless Congress does something unexpected, more people with shorter bouts of unemployment will start joining them as the government phases out extended benefits next year.

And what jobs are currently available
for the long-term unemployed?

The Wall Street Journal
By Sara Murray
April 1, 2011

More Jobs Doesn't Necessarily Mean More Good Jobs
Of the 230,000 private-sector jobs created in March, 199,000 of those were in the service sector. A large chunk of those jobs are in fields that are likely to provide a stable livelihood for those lucky enough to snag them – like some of the 78,000 added in professional and business services. But that’s less certain for, say, the 37,000 new workers in the leisure and hospitality industry.

More than half of those full-time workers who lost jobs between 2007 and 2009 and then found full-time work by early last year said their new jobs came with lower wages. Some 36% saw a pay cut of 20% or more. Complete Article

McDonald's Hires 62,000 in One Day
McDonald’s and its franchisees hired 62,000 people in the U.S. after receiving more than one million applications, the Oak Brook, Illinois-based company said today in an e-mailed statement. Previously, it said it planned to hire 50,000. 4/28/11: Complete Bloomberg Article

Average pay for the jobs is $8.30 an hour. That's compared to the federal minimum wage of $7.25 an hour, though in some states the minimum wage is higher. She said that restaurant managers can make $50,000 a year.

1 comment:

  1. 12/16/13

    President Barack Obama
    Re: Extended Unemployment Benefits

    Dear President Obama:
    My name is Geneva and I am one in a million. Before you start thinking that I have an inflated ego and that I am full of myself, please allow me to explain. Sadly, I am one of the million people that are scheduled to lose our extended unemployment benefits as of December 29, 2013, because the House of Representatives refused to include these benefits in the budget for 2014.
    On April 18, 2013, I lost my job due to the budget cuts. I had been a dedicated employee for the company for nearly 8 years and, in a split second and without prior notice, I became unemployed. Since that time, I have looked tirelessly for a job. I have held the titles of Administrative Assistant and Assistant Coordinator for over 15 years. The job market in my area offers very few opportunities for these types of jobs. I have applied for many other jobs in many other locations, all to no avail. At a recent interview that I attended, the interviewer stated to me that when she hired someone 13 years ago, she had 3 applicants. When she hired someone 5 years ago, she had 5 applicants. While hiring for the position that I was interviewing for, she had 140 applicants. Of those, she chose 28 people to interview. When you are 1 of 3 or 1 of 5, you have a chance of standing out, however the chances of standing out are far less when you are 1 of 28.
    While looking for a job, I noticed that I was lacking some skills that employers are looking for. Although I am proficient with Microsoft WORD and Outlook and can accurately type 70 WMP, I was not proficient in EXCEL and I had no experience in QuickBooks. I recognized that I needed to increase my skills to become more employable. I independently took the initiative to obtain my certifications through the SUNY ATTATIN LAB. I obtained my Microsoft Office Specialist certifications for EXCEL 2010 and QuickBooks Pro/Premier 2012, and felt confident that I had made myself a more desirable candidate. I have been signed up with several staffing agencies for months. I routinely attend meetings at my local Department of Labor. I am signed up with every online job support website that I can find. I go to the SUNY ATTAIN LAB and conduct mock interviews and revise my resume. I alphabetically go through the phone book and call business to inquire if they are hiring. I was signed up at the Every Woman Opportunity Center to receive job assistance through them. Unfortunately, they ceased operations on December 19th, due to severe funding cuts; therefore, I am no longer able to utilize their services. I obtain the free job papers and read the classifieds each time that they are released. I don’t know what more I can do to obtain employment.
    The unemployment I receive is equal to $6.98/hour gross pay. I don’t get free food stamps, a free telephone, free rental assistance, free health care or any other type of support. I am solely dependent on that $6.98/hour to continue surviving until I can obtain a job. I am eager to get back to work but if I lose my unemployment, I will lose my car, my car insurance and my fuel money. These things are crucial for me to obtain, and retain, a job. I am not asking for a handout. I’ve paid my dues. I am 40 years old and have maintained employment since I was 14 years old. I am asking for your support to get the extended unemployment benefits added to the budget, or offer me a job. Either is welcome! For questions, comments, or a job offer, please contact me at g_livergood@yahoo.com.
    Merry Christmas and May God Bless You!
    Geneva Livergood, Resident of the Town of Niagara, Niagara Falls, NY