Seeking Alpha

Senate fails in attempt to renew aid for long-term jobless

  • Senate leaders have failed to come to an agreement over extending benefits for the long-term unemployed, partly due to differences over financing the aid and how long the extension should last. Political machinations seem to be a factor as well.
  • The Senate is now not likely to revisit the issue, which effects 1.3M people, until late this month. The old benefits expired on December 28.
Comments (3)
  • flumeride
    , contributor
    Comments (265) | Send Message
     
    Long term jobless is just a new name for welfare.
    15 Jan, 04:10 AM Reply Like
  • Copious28
    , contributor
    Comments (368) | Send Message
     
    Sorry people out of work, I guess you'll have to try harder to find a job. I'll be interested to see data on this one. I predict unemployment rate falls.
    15 Jan, 05:33 AM Reply Like
  • PeteCal
    , contributor
    Comments (90) | Send Message
     
    I agree. Everyone that really wants a job has one.
    15 Jan, 10:02 AM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector

Next headline on your portfolio:

|