1.24.2011

Alas, these guys did not work on Wall Street

1.4 Million Have Been Out Of Work For 99 Weeks Or Longer: Congressional Research Service

There are 1.4 million "very long-term unemployed" who have been out of work for 99 weeks or longer, according to a new report from the Congressional Research Service.

Ninety-nine weeks is a milestone for the jobless because that's the limit for unemployment benefits (though 99 weeks are not available in all states). Beyond that point, the jobless aren't eligible for much help besides food stamps and charity. The job market for anyone out of work that long is downright hostile.

 

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