US Labor Department releases state-by-state figures on number of Americans who stand to lose unemployment benefits without congressional extension of program
"The U.S. Department of Labor today released state-by-state figures on the number of individuals who will lose their unemployment benefits in the coming days if Congress fails to extend unemployment insurance benefits.
If Emergency Unemployment Compensation and full federal funding for the Extended Benefit program are not extended, 400,000 Americans will lose unemployment benefits during the first weeks in March. By May, nearly 3 million people could be left without these benefits. Furthermore, if the Consolidated Omnibus Budget Reconciliation Act subsidy under the American Recovery and Reinvestment Act is not extended, thousands of families will lose access to affordable health care.
If the extension is not approved, an estimated 500,000 workers who lose their jobs will be ineligible for subsidies to cover the cost of health care over this month. Over the rest of 2010, an estimated 5 million workers will be ineligible for the Recovery Act COBRA subsidy that covers 65 percent of the cost of coverage. Without this assistance, many of these families will be forced to join the ranks of the uninsured..."
Wednesday, March 3, 2010
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