Unemployment Grants

Payrolls outside the farm sector dipped by 51,000, while the jobless rate rose to 5.7 percent, up 0.2 percentage points from June, the Labor Department reported Friday.

The economy has lost jobs every month this year, with payrolls down by 463,000 since December. The unemployment rate hasn't been this high since March 2004.

The erosion of jobs reflects a range of economic problems, including the collapse of the housing market, a consumer pullback and abysmal business conditions in such industries as banking and motor vehicles. For the most part, job cuts have been not major but piecemeal. That is why the US government release a solution on how to solve this problem by means of unemployment grants to american people who is unemployed. Each states in america has an unemployment grant that provide temporary financial assistance to workers unemployed through no fault of their own who meet their states eligibility requirements.