Congress rushes to prolong help for U.S. jobless
![photo - Paul Nawrocki, left, from Beacon, N.Y., listens Tuesday as a man calling himself only Wayne points him in the direction of a job "handing out flyers” near Bryant Park in New York. Nawrocki, who has been out of work since February, walks around the city wearing a sign that says "Almost Homeless,” as he hands out his resume and looks for work. AP PHOTO](http://cdn2.newsok.biz/cache/w620-864924c08770ba8ffbd40f2264d57f9c.jpg "Paul Nawrocki, left, from Beacon, N.Y., listens Tuesday as a man calling himself only Wayne points him in the direction of a job "handing out flyers” near Bryant Park in New York. Nawrocki, who has been out of work since February, walks around the city wearing a sign that says "Almost Homeless,” as he hands out his resume and looks for work. AP PHOTO")
Paul Nawrocki, left, from Beacon, N.Y., listens Tuesday as a man calling himself only Wayne points him in the direction of a job "handing out flyers” near Bryant Park in New York. Nawrocki, who has been out of work since February, walks around the city wearing a sign that says "Almost Homeless,” as he hands out his resume and looks for work. AP PHOTO
WASHINGTON — Jarred by new jobless alarms, Congress raced to approve legislation Thursday to keep unemployment checks flowing through the December holidays and into the new year for a million or more laid-off Americans whose benefits are running out.
The economic picture was only getting worse, if Wall Street was any indication. The Dow Jones industrials dropped more than 400 points for a second straight day, reaching the lowest level in more than five years, and the Standard & Poor’s 500 index fell below lows established six years ago. The Senate’s vote followed Thursday’s government report that laid-off workers’ new claims for jobless aid had reached a 16-year high and the number of Americans searching for work had surged past 10 million.
Bush pledges his OK
The White House, which had opposed broader legislation containing the benefits extension, urged passage of the new version and said
Related Topics:
Business, Financial Markets, Economic Indicators, Jobs and Labor, Labor Market, Unemployment Rate, Layoffs and Downsizing, Job Losses, Financial Market Indices, Unemployment Insurance, Economies, Lagging Economic Indicators
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