An editorial from the Winston-Salem Journal
The good news is that the state’s rising unemployment rate triggered a safety net that may catch about 40,000 jobless North Carolinians who’ve used up all their unemployment benefits in the past year. But the bad news is that this program is just a short-term solution to a growing problem. The new governor will have to work with state and local leaders to improve the economy and create more jobs.
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By Sarah A. Reid
The Fayetteville Observer
Before January, Robert Wallace always had great luck with temporary agencies.
They provided the 43-year-old with steady work in good-paying factories and warehouses.
But in January, a temp-to-hire job did not materialize, and his work in a factory that makes body washes ended.
Wallace was suddenly without a job and without any prospects.
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The economy has taken a serious turn for the worse for workers and their families. There has been a significant surge in unemployment, and Alaska, Colorado, Florida, Georgia, Kentucky, Maine, Mississippi, Missouri, North Carolina, Nevada, and Ohio are some of many states that have been hit particularly hard.
The nation’s unemployment rate reached a five-year high of 6.1 percent in September. Nearly 10 million Americans were officially unemployed last month and still actively looking for work. Unemployment claims are now at a seven-year high, with nearly 500,000 workers applying for benefits every week.
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For years, the Association of Community Organizations for Reform Now (ACORN) has called for regulatory measures to stanch the increasing problem of subprime lending and the resulting foreclosure crisis. Read more about their efforts across the nation.
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