2Center or American Progress | The Economic Case or Unemployment Insurance and the Supplemental Nutrition Assistance Program
o expire a he end o November, his could poenially reduce he gains in reailsales in December by 14 percen compared o December 2009.During he Grea Recession, unemploymen insurance and SNAP have kepamilies ou o povery and as a resul boosed sales and seadied he economy asamilies are able o keep up wih heir morgages and ren and aord necessiieseven as hey ace high unemploymen. Te UI sysem pulled 3.3 million people—including 1 million children—ou o povery in 2009 alone.
Tis is more peoplehan he enire populaion o he Chicago meropolian area.
Food samps alonelifed 2.4 million children ou o “deep povery,”
which is greaer han he numbero children living in all o Los Angeles Couny.
The current debate over unemployment benefits
Congress is debaing wheher o coninue o und UI or he long-erm unem-ployed. I hey do no, 2 million jobless workers will lose heir long-erm UI benes a he end o November.O his group, 1.2 million will exhaus heir 26 weeks o regular unemploymen insurance ben-es wihou nding work and be ou on heirown. Ohers are currenly receiving UI hroughhe Emergency Unemploymen Compensaionprogram, which provides an addiional 34 o 53 weeks o unemploymen benes above regular benes. Tey will see hose benes expireover he course o he monh.
Te oher 800,000 workers will experience animmediae loss o heir Exended Benes. TeExended Benes program provides beween13 and 20 addiional weeks o unemploymen benes o he long-erm unemployed; bu in39 saes, unding comes rom he legislaion seo expire on November 30.
Because o hisorically high shares o workersou o work and searching or a job or morehan six monhs he value o he benes o
Still a great need or long-term unemployment benefts
Total unemployment beneits paid by type and month,December 2007 to October 2010
Source: Bureau of Labor Statistics.
Billions of U.S. dollars
D e c - 0 7 F e b - 0 8 A p r - 0 8 J u n - 0 8 A u g - 0 8 O c t - 0 8 D e c - 0 8 F e b - 0 9 A p r - 0 9 J u n - 0 9 A u g - 0 9 F e b - 1 0 A p r - 1 0 J u n - 1 0 A u g - 1 0 O c t - 0 9 D e c - 0 9
Beneﬁts for those unemployed longer than 26 weeksRegular beneﬁts for those unemployed less than 26 weeks