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Sunday, February 19, 2012

Jobless Benefits May Shrink to 73 Weeks

(WASHINGTON) — Unemployed workers would no longer be able to claim 99 weeks of benefit checks by this summer under a deal being worked out in Congress.


Under this week's compromise for extending a Social Security tax cut through the rest of 2012, federal unemployment benefits for people who have been out of work more than six months are being scaled back.


If Congress passes the bill and President Barack Obama signs it into law, the current maximum 99 weeks of benefits will gradually fall to 73 weeks by September. For people in all but about a dozen of the highest unemployment states, the benefits will be cut off after 63 weeks.

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4 comments:

Anonymous said...

That's appropriate.Now They'll have incentive to take an available job and work their way up.I did it,as did many reading this blog.What makes them any better than us?

Anonymous said...

Sigh here we go again. More of these 'available' hidden jobs.

Anonymous said...

Well, heck yeah! With the glut of open jobs opening up and all the employers begging for workers because of the incredible supply of projects on the table this should be a no brainer! I mean, in a boom time like this, there's no need for unemployment bennies anyway!

I hear my alarm clock, it must be time to wake up from this dream...

Anonymous said...

I hear my alarm clock, it must be time to wake up from this dream...

February 19, 2012 5:54 PM

That pretty much sums it up