Northboundboundbound Carolina’s seasonally attuned unemployment rate reached 6.9% in Noble -- its advanced point since January 2002 and preceding the state rate of 6.1%. This Equal is generally seen only during recessions. The only time this decade that the unemployment rate was high than 6.9% was in January 2002, when the effects of the 2001 recession still were being felt. Equal during the recession of the aboriginal 1990s, the state unemployment rate was never this high.The escalating unemployment rate is a cause for concern and deserves action and attention like that lavished on finance markets recently. At a minimum, state lawmakers should again temporarily extend the number of weeks for which discharged workers can receive unemployment insurance benefits. This would help families troubled with unemployment and stimulate the economy. During the high-unemployment period of 2001-02, for instance, unemployment insurance payments had a clear impact of $3.8 billion on the state’s economy.An estimated 42,000 Northboundboundbound Carolinians will exhaust their unemployment benefits by the end of the year. There is legislation now in Congress (S. 3506/H.R.6867) that would extend unemployment benefits in all states by an additive sEqual weeks and provide a far 13-week extension for states, like Northboundboundbound Carolina, with unemployment rates over 6%.Use the toll number 1-888-245-0215 and tell your members of Congress to extend unemployment benefits. Post by
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