States Exit Federal Extended Unemployment Benefits Program
Monday, May. 14, 2012
Eight states -- California, Florida, Illinois, North Carolina, Colorado, Connecticut, Pennsylvania and Texas -- are exiting a federal extended unemployment benefits program as their economies improve. The program is for states where the jobless rate is 10% higher than it was in one of the past three years. It provides long-term unemployed residents with 20 weeks of benefits after their state and federal emergency benefits run out. More than 200,000 people will lose jobless benefits as these states exit the program.
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