Extension Of Unemployment Benefits
Mr. President, I rise to speak in favor of the Reid- Baucus- Shaheen amendment to H.R. 3548, which is the unemployment benefits extension bill. I very much regret that the majority leader has had to file a cloture motion on a motion to…
Mr. President, I rise to speak in favor of the Reid- Baucus-
Shaheen amendment to H.R. 3548, which is the unemployment benefits extension bill.
I very much regret that the majority leader has had to file a cloture motion on a motion to proceed to even consider that issue. To my mind, this should not be a partisan issue. There ought to be agreement in this body that we should proceed to extend unemployment benefits given the circumstances we face.
The job market in my home State of New Mexico is dismal, and there is very little indication of improvement expected in the near future. New Mexico's seasonally adjusted unemployment rate is modest compared to some States. It was only 7.5 percent in August of 2009, but that is up from 7 percent in July and up from 4.3 percent a year ago. The trend is definitely disturbing. The decline in the number of jobs is the worst the State has seen in more than 45 years--with the speed with which we have been losing jobs.
The pain of unemployment is being felt across the country. More than 5 million Americans have been unemployed for 6 months or more, and 2 million of these workers face the end of their unemployment benefits before the end of this year. There are up to 4,000 New Mexicans who will exhaust their unemployment benefits by December 2009. The total number of unemployed and underemployed--including those who are working two or three part-time jobs to try to make ends meet and those who have given up looking for work--approaches 17 percent of our workforce. These are not just numbers, obviously. These are real people who face each day with the dread of not knowing how they are going to pay for the groceries they need that week or their mortgage payment or their rent payment.
The stimulus funding Congress passed earlier this year has helped to slow job losses, and it has created some new jobs, especially in education and in government services more generally. New Mexico's stimulus funding, alone, is expected to create about 22,000 jobs this year. This has had a significantly positive impact on the State's unemployment picture, but it is still not enough to fully address the needs created by the economic situation in which we find ourselves. Nationwide, for every job opening, there are six applicants. I was struck by the article on the front page of the New York Times this morning entitled ``$13 an Hour? 500 Sign Up, 1 Wins a Job.'' This was datelined Burns Harbor, IN. It says:
As soon as the job opening was posted, on the afternoon of
Friday, July 10, the deluge began.
C.R. England, a nationwide trucking company, needed an
administrative assistant for its bustling driver training
school here [in Indiana]. Responsibilities included data
entry, assembling paperwork and making copies.
It goes on to quote the head of corporate recruiting. It says:
When Stacey Ross, C.R. England's head of corporate
recruiting, arrived at her desk at the company's Salt Lake
City headquarters the next Monday, she found about 300
applications in the company''s e-mail inbox. And the fax
machine had spit out an inch-and-a-half thick stack of
resumes before running out of paper.
The article goes on to point out the estimate is there were 500 applications filed for this 1 job, a $13-an-hour job, but they took down the posting of the availability of the job.
We have a very serious problem that needs addressing. The extension of unemployment benefits will not ease the worry of the unemployed. It will not eliminate the dread they have about the need to pay bills each month. But it will make things a little bit easier for some of those individuals. Extension will make it easier, not just for the direct recipients but for the larger economy as well. Economists tell us that for every $1 in unemployment benefits the government provides, $2.15 is generated throughout the economy. These economic benefits are felt most immediately, as benefit recipients use the funds almost immediately to meet their daily needs.
The legislation the majority leader has filed, the petition to proceed to it, takes a responsible approach to providing these additional funds. The extension is paid for with an 18-month extension of the Federal unemployment tax, which has traditionally been used, both by Republicans and by Democratic administrations, for this very purpose. The extension is a responsible, well-thought-out response to the dire circumstances many Americans find themselves in today.
As I said at the beginning, this should not be a partisan issue. Unemployment is affecting everyone, regardless of their political party or their ideology. I urge the Senate to set aside partisan politics and to agree to the majority leader's request that we proceed to this bill so we can quickly provide assistance to the thousands of Americans who depend upon these benefits as they continue to search for jobs.
I yield the floor and suggest the absence of a quorum.