1 million Americans face loss jobless benefits in January
Thursday, November 19th, 2009One million people could lose unemployment benefits in January if Congress doesn’t extend federal aid, according to a report released Wednesday.
One million people could lose unemployment benefits in January if Congress doesn’t extend federal aid, according to a report released Wednesday.
The loss of jobs last month exceeded economists’ estimates. It’s the 22nd straight month the U.S. economy has shed jobs, the longest on records dating back 70 years. The unemployment rate has surpassed 10 percent for the first time since 1983 – and is likely to go higher.