Time is running out again for many Michiganders living on unemployment benefits.

 Hundreds of thousands of Michiganders have spent nearly two years surviving on unemployment checks as the state struggles with a double digit jobless rate.

But time may be running out for those benefits.  Congress has passed several extensions but may not this time. 

Norm Isotello is with the state department of Energy, Labor and Economic Growth.    He concedes there is an argument that extended benefits may get in the way of people looking for work...but

Casey West

(By Kyle Norris) Gerry Bose has worked as paint contractor for much of his life in new construction. He actually painted the insides of a lot of new mc-mansions. But when the housing bubble burst a few years ago, Bose lost 80% of his work. Since then he's laid off his two employees, and he's had to scramble for work as a painter.

But he's also had more time and energy to book jobs as a juggler.

Gerry Bose is setting up his show at the Grant Public Library, about 30 miles north of Grand Rapids. Bose cracks-open what looks like a pirate chest.

Cover of the report Executive Excess 2010: CEO Pay and the Great Recession

A report from the Institute for Policy Studies looked at CEO compensation from the 50 companies that layed off more workers during the recession. They found the CEOs at these companies are paid more, on average, than the average pay for the CEOs running to top 500 companies in the U.S. (S&P 500).

Sarah Anderson is the lead author of the report.  She says,

"CEOs are squeezing workers to boost short-term profits and fatten their own paychecks."  

help wanted sign
kandyjaxx/creative commons

The unemployment picture in Michigan is still bad. It stands at 13.1% now. The worst it's been since the early 1980's.

Now, a new report by the Michigan League for Human Services puts the long-term unemployment picture into perspective.  In 2000, people unemployed for more than 26 weeks, accounted for 6.5% of the total number of unemployed. Today, the long-term unemployed account for 40.8% of the unemployed.

The report says,