Oregon Unemployment Claim Online | Increase In Unemployment Rate

The former Federal Reserve Chairman Alan Greenspan said Sunday that he expects the US economy to do better than he previously predicted but in light of an awful September unemployment report, he expects that unemployment in the coming months will top 10 percent.

On the ABC program "This Week" he also agreed that special considerations concerning the unemployment situation - "Temporary actions must be taken especially to assuage the angst of a major part of the population."

He also said there is no need for another stimulus package.

With unemployment reaching such high levels it is especially difficult to obtain any type of refinancing unless a person has a strong equity position in their home or any other property.

If you are experiencing financial difficulty because of a layoff or the outright loss of a job, refinancing your home might be the only option you have.

The latest news has indicated the economy is starting to pick up and these latest unemployment figures are generally accepted as a lagging indicator.

On the same show Sen. Charles Schumer and Sen. John Cornyn suggested extending unemployment benefits, health care benefits for the unemployed, and housing credits so people buy new homes.

Unemployment Benefits are generally available for a total of 46 weeks. States where the jobless rate is in excess of 6 percent, benefits are available for 59 weeks.

At todays levels and duration of unemployment, it's feared and has been seen that many unemployed people are remaining jobless after the benefits run out.

It can be done, but it's hard to Rebuild Your Credit if you are in financial difficulty, but to do it requires the employment figures to rise and the stimulus package to create more jobs.

However, some States are trying to push through extensions and the State of Oregon has a 13-week extension of unemployment benefits which starts as of Sunday, October 4th - yesterday.

Oregon Unemployment Claim Online

If you live in Oregon here is a FAQ - Unemployment Benefit Extensions provided by the Department of Employment. To find out more, you can go to the Oregon Department of Employment and check it out.

With the Rates of Unemployment Increasing, it is essential for anyone who is unemployed to be very careful, do everything possible to find a viable job, and get their financial house in order.