Weekly Address: Strengthening and Modernizing the Unemployment Insurance System

In this week's address, the President spoke about the steps we need to take to modernize our unemployment insurance system. Our country has come a long way in the past seven years, with more than 14 million jobs created, and the unemployment rate cut in half. But, as our economy continues to change, there are still steps we need to take to ensure all Americans have the security and opportunity they deserve. In his address, the President laid out his plan to help more hardworking Americans get unemployment insurance, find a new job, and have some assurance that even if a new job pays less than their old one they will have some help paying the bills. These ideas are part of the President’s broader belief that everybody who works hard deserves their fair shot and the chance to get ahead.

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