59 Weeks??? 59 F*ing weeks? There's a problem right there. That's 59 weeks during which Joe Sixpack will sit on the couch in front of his TV instead of taking that $11-an-hour job at Home Depot because it's beneath him.
The solution is to start tapering off the benefits after 20 weeks or so, instead of cutting them off suddenly.
What's humorous is most folks don't know who pays for unemployment benefits. As it seems, the federal gov't is paying the bills. But no. Last I looked businesses pay a combination of federal and state unemployment taxes based on their "layoff experience." The fed part is a flat rate while the state premium varies based on that experience.
Over time, states build up a very large pool of money in good times. When claims increase, the pool diminishes and, below a certain level, the states "borrow" from the feds. Extensions of benefits are just loans to the states to be paid to the unemployed person. And, you guessed it, recouped again when times become flush, the process works in reverse until the state's fund is replenished and the loans are repaid to the feds.
So it's all a tax on business.
And now you also know why governments like to raise minimum wage levels--even though the employees usually pay no income tax, the employers have to pay one-half the SS (6.2%)and medicare (1.4%), plus all the unemployment tax (up to 5.6% in Colorado)