Many Americans Set to Lose Extended Unemployment Benefits
Here’s a staggering thought: Approximately 2.1 million Americans are set to lose their extended unemployment benefits on December 29 if the folks in Washington don’t renew them. This is part of a package deal related to tax increases and spending cuts better known as the fiscal cliff.
That’s not all — as per the National Employment Law Project (NELP), an additional 930,000 Americans are going to run out of unemployment insurance early in the new year when their 26 weeks expire.
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