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Extended Unemployment will expire on December 31 - (11/30/2011)
WASHINGTON, DC -- America's Building
Trades Unions today issued a strong appeal to the United States Congress
to extend the federal Unemployment Insurance (UI) programs that are set
to expire in January, 2012. American skilled craft professionals in
the building and construction industry continue to face a national
unemployment rate approaching 14 percent, and in some metropolitan areas
that figure rises above 30 and 40 percent.
Millions of hardworking Americans will
lose the emergency lifeline that is unemployment insurance, unless
Congress acts. Additionally, our nation's struggling economy cannot
afford to lose the economic impact of these benefits. Leading
economists agree that UI benefits help maintain consumer demand in an
otherwise bleak economy. UI payments go straight back into the economy
and support local businesses, help to create and maintain jobs, and most
importantly, provide a sustenance to those who are in desperate
straits.
"Extending UI benefits for the long-term
unemployed should never be a partisan issue," said Mark H. Ayers,
President of the Building and Construction Trades Department. "It would
be nothing short of disgraceful for the U.S. Congress to politicize
this issue, which is simply an effort to help millions of Americans
survive the worst economy since the Great Depression. Congress needs to
act now!"
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