Jan 23, 2012
Michigan’s Governor Snyder just signed “unemployment reform” legislation that cuts the time length for unemployment benefits and also makes it harder to get and keep benefits.
Michigan’s real unemployment rate in the 2011 fiscal year was at 19.2% – when you include all those without jobs who are left out of the official statistics – discouraged and part-time workers.
This new law will drive down wages by pressuring workers to accept a lower-paying job when their unemployment insurance is cut.
“Reform” – it’s another word for giving more money to business!