Thursday, December 2, 2010

Statement by Secretary of Labor Hilda L. Solis on the extension of Unemployment Insurance benefits: PR Newswire Business News - MSN Money

If Congress fails to act on an extension of the UI program 2 million Americans will lose their unemployment insurance by the end of the year. And millions more could join their ranks in the coming months.  As a nation, we simply cannot let this come to pass.

our government has never cut off unemployment benefits this early in a recovery. By way of example, following the 1982 recession — during President Reagan's time in office — federal benefits were continued through the spring of 1985, after unemployment had fallen to 7.2 percent.

Click on the following for more details:  Statement by Secretary of Labor Hilda L. Solis on the extension of Unemployment Insurance benefits: PR Newswire Business News - MSN Money

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