Unemployment in the golden state hit new record highs with 12.6 percent of Californians looking for a job. California’s high unemployment numbers fall behind Michigan, 14.1 percent, Nevada, 13.4 and ties the state for third with Rhode Island; this is not welcome news for Democrats as the upcoming campaign rhetoric picks up.
Governor Arnold Schwarzenegger says his office was encouraged but pointed out in a statement that California needs to focus on training employees and provide employers new/more incentives to hire Californians.
Chief economist for the State Department of Finance, Howard Roth, explained that he thinks the unemployment rate in California appears to be near its peak.
While this is seen as a victory for some political officials, those seeking gainful employment believe the double speak coming from Sacramento rings hollow and until jobless number begin their turnaround all leaders in government need to be mindful of the impending elections.
“While more than 2.3 million Californians are out of work, Barbara Boxer believes taxpayers should foot the bill for the reckless decisions made on Wall Street or in Washington. Voters are suffering from skyrocketing deficits, burdensome unemployment rates, and out-of-control spending thanks to Boxer and the Democrats in Washington, and our country simply cannot afford to keep bailing out the banks for their reckless financial decisions,” said Amber Marchand of the National Republican Senatorial Committee.
According to the Los Angeles Times, “more than 2.3 million Californians are still unemployed. The struggle for some is about to get tougher. Tens of thousands have been out of work so long, they will see their unemployment checks cut off within the next few weeks.
Treasury Secretary Timothy Geithner talked about the fact that unemployment numbers generally lag behind the market recovery process. When it came to the new restructuring of the Wall Street big wigs, Geithner stressed that a Financial Services Committee hearing suggested a “standing fund would create expectations the government would step in to protect shareholders and creditors from losses,”
For those 100,000 Californians who are about to exhaust their unemployment benefits this week, bailouts for anyone other than the little guy come as no comfort.
California’s primary is set for June and jobs remains at the top of every candidate campaign stump speech, however there is a big difference between rhetoric and actual policy to put the golden state residents back to work.
The economic uneasiness in California has Senator Boxer in an extremely tight race and the thought of losing another senate seat in a similar fashion as Massachusetts has prompted President Obama to headline a fundraiser for Boxer later today.
For more stories; http://www.examiner.com/examiner/x-10317-San-Diego-County-Political-Buzz-Examiner
Comments
Good article Kimberly. Thank you for writing about this issue. Yes hundreds of thousands in California alone have exhausted all their total benefits. The 99Er's they call them. They have used up their Tier 4 benefits which only consisted of 6 weeks of checks. Now they desperately need a Tier 5. Many will be homeless and without any food or medical benefits. Congress can send millions to help foreign countries, yet will not lift a finger to help their own fellow Americans. These people are applying daily for jobs. But the truth is there are just not enough jobs to go around for all the millions out of work. And until there are, these people need another unemployment extension to help them survive. Their motto is Tier 5 to Survive.
GET THE WORD OUT THERE START SPREADING FLYERS.GROCERY STORES LAUNDRY MATS FAST FOODS CONVIENTIENT STORES MALLS PARKING LOTS ON CARS ETC. PEOPLE LEFT OUT WITH NO HELP WITH EXTENSIONS PLEASE HELP THEM CALL OR FAX CONGRESS MAN OR STATES REPS.THEY ARE STARVING AND GOING HOMELESS.
WHILE CONGRESS IGNORES THEM!!
TIER V TO SURVIVE TILL JOBS THRIVE FOR ALL
COPY/PASTE & EMAIL to your Congressman/Senators. We need a
Amendment to HR 4213 or HR 4707 AND EMERGENCY WEEKS TO HR 4851
LONG TERM LEFT OUT OF THIS BILL JUST PASSED WITH NOTHING,HELP NOW
GOING HUNGRY AND HOMELESS LEFT WITH NOTHING NOW.CANT WAIT FOR HELP!
(1) amend and add 13/20 additional weeks to Tier IV or a NEW Tier V for all States.
2 FREE faxes a day and you don't need a fax machine! Thats 6
copies from YOU, FAMILY,FRIENDS,and NEIGHBORS!! faxzero.com
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For Info And Help:
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TOLL FREE# to Senators 1 888 245-0215. TOLL FREE #’s
to the Switchboard-Congress. 866-338-1015 877-851-6437
877-210-5351
THIS IS A TOUGH FIGHT ALL!!
SIGN The Tier 5 petition link:
www.change.org/petitions/view/the_99ers_need_a_tier_v_added_to
_unemployment_benefits
OVER 15,000 signatures
GOING HUNRY AND HOMELESS NOW!!!
Ok at least legalized prostitution , because my last hope is sell my body. How is going to pay $ 20 to have sex with a Fat ugly mexican ???? I give a blow for a Hot dog from & eleven .Please we need Tier V.
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