Experienced consumer reporter, empowering people with information, getting results, always giving back.
Sep 18

House to Vote on Extending Jobless Benefits

Posted By
Sep 18, 2009 / 07:09
0

A new House measure would extend jobless benefits for more than 300,000 whose compensation will run out by the end of this month, and another 1 million whose benefits will be exhausted by the end of this year.

The numbers are daunting- for every one job opening, there are more than six job seekers and a record 50.7% of the unemployed cannot find work within 6 months of receiving benefits, according to the National Employment Law Project.

The measure would provide an additional 13 weeks of jobless benefits for those states with unemployment rates above 8.5%, and Congress is set to review it next Wednesday.

http://money.cnn.com/2009/09/17/news/economy/unemployment_benefits/index.htm?postversion=2009091718

Tags: , , ,

Do you Want to say something?