| Most for your Monday |
| News - News Blog |
| Written by Dani Schwinn |
| Monday, 11 June 2012 00:00 |
|
Today is "Corn on the cob day" and here is what's happening...
Jobless checks ending The Week- Hundreds of thousands of out-of-work Americans will receive their final unemployment checks sooner than they expected, it was reported this week. In February, Congress renewed the extednded-benefit program until the end of the year, but reduced the number of weeks of assistance and made it difficult for states to get the maximum amount of federal aid. Because of these changes, roughly 500,000 people- including 70,000 this month- are now expected to lose their jobless benefits sooner than expected. Most states offered unemployment benefits for 26 weeks, after which federal extensions continued jobless assistance up to 99 weeks. Kevin A. Hassett of the conservative American Enterprise Institute is not a supporter of extended benefits but is troubled by the abrupt cutoff. "If you just reduce the weeks of unemployment for people already unemployed but don't do anything else, it's a bad deal," he said, "because they're already about the worst-off people in society." |
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