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Revised unemployment benefits bill likely to be rejected as new cuts not seen as enough by GOP

 Dated: 06-25-2010

Revised unemployment benefits bill likely to be rejected as new cuts not seen as enough by GOP

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June 24, 2010

Pasadena, CA  — Democrats have been unable to come up with a revised unemployment benefits bill that can satisfy Republicans. The bill is widely expected to be blocked by a Republican filibuster. The bill's main purpose was providing unemployment benefits for people unemployed for more than 26 weeks. This move is going put over two million unemployed people without benefits by July 4, when Congress goes into recess.




The move could not have come at a worst time for the long-term unemployed who now make up 46% of the unemployed, according to data from the Bureau of Labor Statistics. The temporary hiring of Census workers is also coming to an end, as reports from Tennessee show that the workers hired there are slowly being let go.

The two groups most affected in this tough job market are: teenagers and older unemployed people. The former are considered inexperienced and the latter ''over-qualified''. Some experts believe that the reason older workers are finding it difficult to get even minimum wage jobs is because many firms are not hiring in the downturn out of concerns over the retention rate once the economy picks up.

But even in this tough job market, A. Harrison Barnes, CEO of Hound, says that there are still jobs for all age groups and skill levels. ''You have to be persistent. You can't just give up after saying I emailed over 200 resumes and didn't get a callback.'' His optimism stems from the fact that Hound, his job search engine, was able to compile over 100,000 jobs in the last seven days alone.

Here is the latest data on Hound on the sectors with most openings:
Contact:
Roger Croft
Editorial Coordinator
Hound.com
rogerc@hound.com

About Hound:
Hound is the world leader in the monitoring and reporting of jobs on employer websites, through its active and growing research into all employers throughout the world. With over 300 employees working round the clock, Hound goes to employer websites, collects information about job openings, and reports everything it finds to its members. There are over 700,000 employer jobs listed currently on the site.

Hound has been named one of the Top 20 Best Job Sites by PC Magazine, the #1 Job website by Applicant.com and among the 10 Best Online Job Search Sites by geeksugar. Hound is a company owned by Career Mission, one of the world's largest conglomerates of job search-related companies



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