THEY MAY call it a 13-month extension of unemployment benefits, but for Pat McNamara, who’s been jobless for nearly two years, the deal would buy her only a few extra weeks. The 61-year-old consumer-protection advocate – laid off from a City Hall job during a round of belt-tightening in early 2009 – expects to hit [...]
After 3 months of holding steady, the unemployment rate rose to 9.8% in November, with payroll employment showing little growth, the U.S. Bureau of Labor Statistics reported Friday. The jump is another sign of weakness in the nation’s economic recovery. The monthly report dashed the expectations of economists, many of whom had predicted much more [...]
Time is up for more than 2 million Americans receiving extended unemployment benefits. Unless congress changes its mind, the benefits, which had been extended to 99 weeks, will cease this month. That loss will impact 43,425 Tennesseans and 23.000 people in Virginia. Steve Nelson from Johnson City is one of the many people who could [...]
A battle is under way on extending benefits for the long-term unemployed, those that have been out of work for 6 months or more. The government has spent $160 billion this year on these benefits. Extending them into next year would cost another $65 billion. Letting the benefits lapse or finding a way to pay [...]
Unless Congress votes to extend federal unemployment benefits, the benefits will begin expiring at midnight Tuesday, but the state says those collecting benefits would be phased out gradually. Extended unemployment benefits for nearly 2 million Americans begin to run out Wednesday, cutting off a steady stream of income and guaranteeing a dismal holiday season for [...]