Michigan has had an unemployment rate of over 10% for longer than any other state.
The new Republican governor , Rick Snyder, signed a law Monday that says Michigan will now pay fewer weeks of unemployment benefits than any other state.
This will come into action as early as next year.
All states currently pay 26 weeks of unemployment before 'extended benefits paid by the federal government kick in'.
Michigan's unemployment next year will be only 20 weeks.
This is especially important because the federal unemployment benefits will end next year as well - for all states.
Democrats are outraged and many more are upset - the law was 'slipped quietly' into a bill that was orginally designed to help the states unemployment benefits. The bill was originally supposed to help reduce unemployment fraud and raise the time period that people could get unemployment benefits from the federal government up to 99 weeks.
4 comments:
This bill doesn't really help the unemployed that need to survive somehow. I support the Democrat on that matter. It is true that their are sometimes frauds, or people claiming to search for a job but actually doesn't, but we need to take in consideration the honest unemployed.
Something needs to be done about this bill because we don't want an increase in homeless population.
I never thought about this bill going as far as to increase the homeless but then again with all the foreclosures or pending foreclosures, you could be right.
Unfortunately unemployment benefits are a very complicated fiscal tool used to try to shape up an economy. Cutting unemployment benefits does decrease the unemployment rate but it does severely harm some people who really needed and deserved the benefits.
An increase in homeless population would be expected but maybe the emigration of the Michigan population would be expected to increase as well? I don't see why would Michigan reduce the weeks from 26 to 20? They should just focus on how to make it regulated in order to prevent fraud instead. This is unfortunate for unemployed people in Michigan who are trying to look for jobs but can't.
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