Economic Report: 1.2 Million U.S. Workers Nearing End Of Jobless Benefits

[Omaha Steve]

http://www.laborradio.org/node/12946

Submitted by Doug Cunningham on February 15, 2010 - 5:17pm
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Economic Report:

Without an additional extension to unemployment benefits 1.2 million workers are staring down a loss of those benefits come March. According to the National Employment Law Project that number will grow to nearly 5 million without jobless benefits by June. Four point one percent of the U.S. workforce has been unemployed for more than 26 weeks setting a re cord going all the way back to when the Bureau of Labor Statistics started tracking the data in 1948.

[thunder rising]

1. In FL I'm wondering what happens in April when the property taxes are due. This can either be the

last year all those foreclosed homes paid into escrow or it could be the first year they are not going to pay. This is related to the OP by the long term unemployment