{"id":18415,"date":"2010-10-25T01:42:55","date_gmt":"2010-10-25T01:42:55","guid":{"rendered":"http:\/\/cryptogon.com\/?p=18415"},"modified":"2010-10-25T17:36:29","modified_gmt":"2010-10-25T17:36:29","slug":"99-weeks-when-unemployment-benefits-run-out","status":"publish","type":"post","link":"https:\/\/www.cryptogon.com\/?p=18415","title":{"rendered":"99 Weeks: When Unemployment Benefits Run Out"},"content":{"rendered":"
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Via: CBS News<\/a>:<\/p>\n

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The economic jam we’re in has topped even the Great Depression in one respect: never have we had a recession this deep with a recovery this flat. Unemployment has been at nine and a half percent or above for 14 months.<\/p>\n

Congress did something that it has never done before – it extended unemployment benefits to 99 weeks. That cost more than $100 billion, a huge expense for a government in debt.<\/p>\n

But now, for many Americans 99 weeks have passed and there’s still no job in sight. Some have taken to calling themselves the “99ers.”<\/p>\n

“60 Minutes” and correspondent Scott Pelley went to several communities in search of the 99ers, but we didn’t expect to find such a crisis in Silicon Valley, the high tech capital that many people hoped would be creating jobs.<\/em><\/p>\n

Related:<\/strong> Sold Out $329,000 Porsche Shows Recession, Obama Not Hurting Rich<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Via: CBS News: The economic jam we’re in has topped even the Great Depression in one respect: never have we had a recession this deep with a recovery this flat. Unemployment has been at nine and a half percent or above for 14 months. Congress did something that it has never done before – it […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19,8],"tags":[],"class_list":["post-18415","post","type-post","status-publish","format-standard","hentry","category-collapse","category-economy"],"_links":{"self":[{"href":"https:\/\/www.cryptogon.com\/index.php?rest_route=\/wp\/v2\/posts\/18415","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.cryptogon.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.cryptogon.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.cryptogon.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.cryptogon.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=18415"}],"version-history":[{"count":0,"href":"https:\/\/www.cryptogon.com\/index.php?rest_route=\/wp\/v2\/posts\/18415\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.cryptogon.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=18415"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cryptogon.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=18415"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cryptogon.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=18415"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}