Sunday, February 28, 2010

1.2 Million to Lose Unemployment Benefits Today from Calculated Risk by CalculatedRisk

Just a reminder ...

From John Schmid at the Journal Sentinel: Unemployment benefits for 1.2 million Americans could expire Sunday
Nearly 1.2 million unemployed Americans ... face an imminent cutoff of government unemployment checks if Congress cannot pass emergency legislation to extend federal benefits before funding expires Sunday.
The National Employment Law Project (NELP) released a report in early February showing:
1.2 million jobless workers will become ineligible for federal unemployment benefits in March unless Congress extends the unemployment safety net programs from the American Recovery and Reinvestment Act (ARRA). By June, this number will swell to nearly 5 million unemployed workers nationally who will be left without any jobless benefits.
...
Currently, 5.6 million people are accessing one of the federal extensions (34-53 weeks of Emergency Unemployment Compensation; 13-20 weeks of Extended Benefits, a program normally funded 50 percent by the states).

rest at http://www.calculatedriskblog.com/2010/02/12-million-to-lose-unemployment.html

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