by Joan Entmacher, Vice President for Family Economic Security,
and Valerie Norton, Public Policy Fellow,
National Women's Law Center
Unemployment rose to 10.2 percent in October, reaching a 26-year high, according to data released today by the Bureau of Labor Statistics. While the unemployment rate among men is higher than among women, 10.7 percent compared to 8.1 percent, both rates rose last month and are at their highest levels in decades.
Especially worrisome is the unemployment rate for women who head families. At 12.9 percent, it’s higher than the rate for men or women -- and it jumped by 11 percent in one month to reach its highest level in 26 years. Even before the sharp rise in unemployment this year, more than one in three (37.2 percent) female-headed families with children were poor in 2008. Women of color also continue to experience high rates of unemployment: 12.4 percent for Black women and 10.4 percent for Hispanic women.
In the face of these statistics, we’re relieved that a bill extending unemployment insurance benefits made it through Congress and was signed by President Obama today after being stalled for weeks in the Senate . The measure provides additional weeks of assistance to those who have exhausted their unemployment insurance benefits: up to 14 weeks in every state, and up to six more weeks in states with unemployment above 8.5 percent.
The extended benefits are particularly important because, according to the National Employment Law Project, more than 600,000 out-of-work people have exhausted their benefits in the past two months. Moreover, long term unemployment (six months or more) is at its highest level since records have been kept, and over one-third of jobless women (37.6%) and men (38.3%) have been unemployed for 27 weeks or more.
To be eligible for extended benefits, a jobless worker first must qualify for unemployment insurance. Many women and low-wage workers face barriers to unemployment insurance coverage – but fortunately, some of these barriers are coming down, as about half the states have taken advantage of incentives in the Recovery Act to modernize their unemployment insurance systems. States have until August 2011 to enact the reforms that will qualify them for federal funds, but the sooner they act, the sooner workers will get the unemployment insurance benefits they need and deserve.
High unemployment – especially long-term unemployment – has lasting consequences for women and their families. The additional unemployment insurance benefits approved today will provide indispensable assistance, and the Recovery Act is helping to preserve and create jobs and deliver help to struggling families and communities. But in the face of this unemployment crisis and predictions that unemployment and poverty will remain high for many months, more is needed to create jobs and promote a shared recovery.