By Year’s End, Benefit Lifeline to End for 1.5 Million Jobless
Over the coming months, as many as 1.5 million jobless Americans will exhaust their unemployment insurance benefits, ending what for some has been a last bulwark against foreclosures and destitution.
Because of emergency extensions already enacted by Congress, laid-off workers in nearly half the states can collect benefits for up to 79 weeks, the longest period since the unemployment insurance program was created in the 1930s. But unemployment in ...
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FYI: NYT, the middle-class has been shrinking for some little while and this recession will exacerbate that shrinkage. Only something truly radical, such as job-sharing, will turn the tide. Any volunteers?