Obama to Hold '09 Job Forum

CNNMoney.com says that President Obama plans to hold a job forum at the White House in December to brainstorm about job creation. Those invited to the forum will include CEOs, small business owners, economists, financial experts, and representatives from labor and non-profits. (Jobacle is patiently  awaiting our invite). The president is facing a 10.2% unemployment rate but says there have been encouraging signs of economic growth and a slowing of the loss of jobs in recent months, but also said employers are still reluctant to hire and millions are desperate to find work.

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More Unemployment Relief on the Way

There's another $24 billion in economic stimulus money coming to the unemployed folks who need it most.

The new bill provides 14 additional weeks of benefits for people who have exhausted their unemployment bennies or are on schedule to.  The length of unemployment pay varies from state to state, averaging around 33 weeks.  If your state is in really bad shape, with an unemployment rate of 8.5 percent or above, you will be entitled to an additional six weeks.

Approximately 2 million people are expected to be aided via the new monies.  It will now be possible to collect unemployment for up to 99 weeks if you (and your state) meet all of the criteria.

The Labor Department's Unemployment Report for October is due later today and should be quite telling.

Learn more about the bill via the Wall Street Journal video below.