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Unemployment Benefits For 1.3 Million Expire Saturday

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unemployment-job-search-help-wantedNEW YORK (CNN)- Michelle Marshall is one of the 1.3 million long-term unemployed Americans who will lose jobless benefits Saturday.
Marshall, 56, has been out of work for a year, since she lost an administrative assistant job that paid her $44,000 per year.She started collecting $624 each week in New Jersey unemployment benefits, but the state benefits ran out after 26 weeks. When federal benefits kicked in, she collected $521. But Marshall will stop getting these checks next week.

That’s because Congress failed to extend the recession-era program when it passed a budget deal last week. Federal benefits kick in after state benefits run out, and range between 14 to 47 weeks, depending on the state where a person lives. According to government figures, the average weekly benefit check is $300.

Even the cut from the larger state check to the federal benefits was hard for Marshall. She had to consolidate her $12,000 worth of credit card debt and enroll in a mortgage assistance program.

When the benefits stop entirely, she doesn’t know what she’ll do.
“I imagine I will go apply for food stamps,” she said. “Depending how long this goes on, I might lose my car, which will impact my ability to get a job. I won’t be able to drive to interviews.”

Click here to read the rest of the story from CNN

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  • contessa

    This is so sad for the Americans who are in this predicament.
    These poor folks are probably wondering where their next meal or if they will be able to just keep up having a roof over their heads- All while the leader (I use that term tongue in cheek)
    of this country is whooping it up in Hawaii- What a worthless administration!
    May God be with America!
    My wish for 2014 is that all Americans will find security and prosper-

  • CommonSense

    Our "Leader" has created a society of a thankless generation who believe that they are entitled to hand outs with out having to work or pay for them. People wonder why this country is no longer a leading economy-there is no need to wonder…. Really sad!

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