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Friday, July 22, 2011

Michigan long-term unemployment rate contrast Gov. Rick Snyder actions on solving the states' jobless rate


Photo Credit-ROJS News
A recent Wall Street Journal
report counteracts Gov. Rick
Snyder cuts to Michigan jobless
benefits payments.
A report by the Wall Street Journal cites that long-term unemployment in Michigan, which includes individuals who have been jobless for more than one year, make of 36% of state residents seeking work.

The report flies directly in contrast of Governor Rick Snyder (R) recently signed cuts to jobless benefits. In March, Gov. Snyder became one of the first executive state officials in the United States to cut state funded jobless benefits from 26-to- 20 weeks

After signing HB4408 into law, Gov. Snyder told stated that his reasoning behind signing legislation that extend current unemployment benefits while cutting claimants starting in 2012 from 26 to 20 weeks is because “we have people suffering today and that the long-term answer is more jobs rather than more jobless payments".

Photo Credit-Wall Street Journal
Snyder made his comments during a presentation before the Michigan Association of Counties.

“We’re still suffering in this state. I wanted to make sure we could do whatever to help these people to continue on a path until they can find a job, Snyder noted. 
“Next year, my main issue is, let’s start the job creation process. Let’s focus on bringing our unemployment rate down so we don’t have people on unemployment that’s going on for 20-26 weeks or 99 weeks”.
Yet, a July 20th Michigan's Department of Technology, Management and Budget report confirmed that the state unemployment rate increased for the second straight month, to 10.5%.

Gov. Snyder office on July 21st, disregarded Michigan growing long-term jobless crisis, threatening to laid-off or fire state employees who's unions don't agree to massive cuts in pay and benefits.

Sara Wurfel, spokeswoman for the Snyder administration, acknowledged which the state employee workforce has declined by 12,900, or 21%, over the past decade. Wurfel counterpointed that state employee compensation has increased by 38% in that time; hereby confirming their reasoning on seeking to add to Michigan long-term jobless rate, if unions don't agree to Gov. Snyder's demands.
"That's simply unsustainable, out-of-step with the private sector, and we must adjust to fiscal realities," Wurfel said.
“We would rather come to an agreement at the bargaining table. Layoffs are one option in any contingency plan, as are not filling vacancies, reducing travel or contracting for some services”, Wurfel noted.

The Wall Street Journal reports cites New Jersey, Georgia, South Carolina, North Carolina, Illinois and Florida as other states unemployed have been jobless for more than a year are the 30% of more levels.

The survey found no correlation between the amount of jobless benefits received and the inability to find a job, as Gov. Snyder noted in his quote released March to the Michigan Association of Counties. 

In fact most of these states, with the exception of New Jersey, which has the highest level of long-term unemployment at 37.1%, have relatively low unemployment benefits compared to the average, the Journal noted.

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