Unemployment Benefits Start To Disappear
Something to think about from the WSJ RealTime Economics blog:
5.5 million: Americans unemployed and not receiving benefits
The job market may be on the mend, but that’s not much consolation to millions of Americans facing a frightening deadline: the end of their unemployment benefits.
The country’s unemployment rolls are shrinking fast, after expanding sharply last year as the government extended benefits to ease the pain of a deep economic slump. As of mid-March, about 8.5 million people were receiving some kind of unemployment payments, down from 11.5 million a year earlier, according to the Labor Department.
Oh, you might want to read the whole article. More are headed for this fate.
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