Economy

Extended Unemployment Benefits Officially Expire Today

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CREDIT:

The Huffington Post’s Arthur Delaney notes that “after this week, workers laid off through no fault of their own will not be eligible for any of the generous extended unemployment benefits layoff victims have received from the federal government since 2008.” Workers who lose their jobs will only be eligible for 26 weeks of state-level benefits. The average unemployed worker at the moment has been out of work for 39.7 weeks, while 45.1 percent of unemployed people have been out of work for six months or more.