Obama unveils wage insurance plan to spur job seekersWASHINGTON - U.S. President Barack Obama on Saturday laid out a plan to help support the income of workers who lose their jobs and end up in lower paying positions, as part of a push to get unemployed Americans back to work. The proposal would offer experienced workers who now make less than $50,000 a form of wage insurance, allowing them to replace half of their lost pay. The benefit would cover up to $10,000 over two years. “It’s a way to give families some stability and encourage folks to rejoin the workforce - because we shouldn’t just be talking about unemployment; we should be talking about re-employment,” Obama said in his weekly radio and Internet address, broadcast on Saturday. The wage insurance proposal will be included in a broader effort to overhaul the unemployment insurance system. Details about the program’s proposed funding will be further outlined in Obama’s budget for fiscal year 2017 expected to be released next month. Obama promised in his State of the Union earlier this week to advocate for legislative action on issues with bipartisan support during his last year in office. During the address, he pointed to wage insurance as one measure where lawmakers may be able to work together. The White House plan would require states to provide insurance for workers laid off from jobs they had held for at least three years. The plan would be federally-funded, but it would be administered through state unemployment insurance programs. Other measures proposed by the White House on Saturday included a requirement that all states provide at least 26 weeks of unemployment insurance benefits, and the creation of a permanent program that would automatically provide up to 52 additional weeks of federally-funded benefits for states experiencing rapid job-losses or high unemployment.       politicsNews
obama unveils wage insurance plan spur job seekerswashington president barack obama saturday laid plan help support income workers lose jobs end lower paying positions part push get unemployed americans back work the proposal would offer experienced workers make less form wage insurance allowing replace half lost pay the benefit would cover two years it way give families stability encourage folks rejoin workforce talking unemployment talking obama said weekly radio internet address broadcast saturday the wage insurance proposal included broader effort overhaul unemployment insurance system details program proposed funding outlined obama budget fiscal year expected released next month obama promised state union earlier week advocate legislative action issues bipartisan support last year office during address pointed wage insurance one measure lawmakers may able work together the white house plan would require states provide insurance workers laid jobs held least three years the plan would would administered state unemployment insurance programs other measures proposed white house saturday included requirement states provide least weeks unemployment insurance benefits creation permanent program would automatically provide additional weeks benefits states experiencing rapid high unemployment politicsnews
Your task is to classify the provided input as real or fake news. Label 0 is meant for fake news, Label 1 is for real news. TEXT: Obama unveils wage insurance plan to spur job seekersWASHINGTON - U.S. President Barack Obama on Saturday laid out a plan to help support the income of workers who lose their jobs and end up in lower paying positions, as part of a push to get unemployed Americans back to work. The proposal would offer experienced workers who now make less than $50,000 a form of wage insurance, allowing them to replace half of their lost pay. The benefit would cover up to $10,000 over two years. “It’s a way to give families some stability and encourage folks to rejoin the workforce - because we shouldn’t just be talking about unemployment; we should be talking about re-employment,” Obama said in his weekly radio and Internet address, broadcast on Saturday. The wage insurance proposal will be included in a broader effort to overhaul the unemployment insurance system. Details about the program’s proposed funding will be further outlined in Obama’s budget for fiscal year 2017 expected to be released next month. Obama promised in his State of the Union earlier this week to advocate for legislative action on issues with bipartisan support during his last year in office. During the address, he pointed to wage insurance as one measure where lawmakers may be able to work together. The White House plan would require states to provide insurance for workers laid off from jobs they had held for at least three years. The plan would be federally-funded, but it would be administered through state unemployment insurance programs. Other measures proposed by the White House on Saturday included a requirement that all states provide at least 26 weeks of unemployment insurance benefits, and the creation of a permanent program that would automatically provide up to 52 additional weeks of federally-funded benefits for states experiencing rapid job-losses or high unemployment.       politicsNews
Your task is to classify the provided input as real or fake news. Label 0 is meant for fake news, Label 1 is for real news. TEXT: obama unveils wage insurance plan spur job seekerswashington president barack obama saturday laid plan help support income workers lose jobs end lower paying positions part push get unemployed americans back work the proposal would offer experienced workers make less form wage insurance allowing replace half lost pay the benefit would cover two years it way give families stability encourage folks rejoin workforce talking unemployment talking obama said weekly radio internet address broadcast saturday the wage insurance proposal included broader effort overhaul unemployment insurance system details program proposed funding outlined obama budget fiscal year expected released next month obama promised state union earlier week advocate legislative action issues bipartisan support last year office during address pointed wage insurance one measure lawmakers may able work together the white house plan would require states provide insurance workers laid jobs held least three years the plan would would administered state unemployment insurance programs other measures proposed white house saturday included requirement states provide least weeks unemployment insurance benefits creation permanent program would automatically provide additional weeks benefits states experiencing rapid high unemployment politicsnews