99ers

99ers is a colloquial term for unemployed people in the United States, mostly citizens, who have exhausted all of their unemployment benefits, including all unemployment extensions. As a result of the American Recovery and Reinvestment Act passed by Congress in February 2009, many unemployed people could receive up to 99 weeks of unemployment insurance benefits, hence the name "99ers". An estimated 7 million people are affected. The term 99ers has also been interpreted of those in the bottom 99% of the population by income or Wealth, as opposed to those in the top 1% by wealth or income who have been known to possess about a third of all wealth in the economy, enraging many who thought the one-percenters were not suffering the effects of the financial crisis proportionately to the "99ers" even though the "1%er's" actions and decisions were commonly thought to cause it. Which is what gave rise to the occupy movement.

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