Did Someone Say Economic Recovery?
It's clear: Our economy is no bed of roses right now.
Over 45 percent of people looking for jobs have been without work for over 6 months, the highest percentage in more than six decades. Home repossessions this year are up 27 percent compared to the first four months of last year. And though hiring increased for a third straight month in April, the unemployment rate actually increased to 9.9% because the number of people needing work still grew faster than jobs.
In the coming days, the U.S. House of Representatives is expected to vote on important legislation that will extend unemployment insurance and COBRA benefits (HR4213) for millions of families on the brink of financial disaster and provide critical fiscal relief for states.
Tell your Representative: The economic recovery may be underway, but families are still hurting! Move quickly to pass HR4213 and extend unemployment insurance till the end of 2010.
Some in Congress are citing the budget deficit as a reason not to support extensions of unemployment and COBRA. And yes, like America's families, Congress needs to be fiscally responsible and spend wisely and strategically.
But the biggest deficit threat we are facing right now is the giant deficit of jobs which is dragging down our nascent economic recovery by suppressing consumer spending, destabilizing property values, and is threatening the viability of families and communities.
Until all our families are on their feet again, we are all at risk.
Tell your Representative to do the right and fiscally responsible thing and move quickly to pass HR 4213 to extend unemployment insurance and fiscal relief to the states.
And please pass this message on to friends and family.
Thank you for your work on behalf of America's families!