Monday, September 07, 2009

Jobless press benefit extension

Jobless press benefit extension
"Since June 2008, Congress has extended jobless benefits three times.
Unemployed workers initially qualify for up to 26 weeks.
But with the extensions, Michiganians are eligible for 79 weeks of benefits -- or 1 1/2 years.
The proposed extension would boost the number of weeks to 92 -- a year and nine months."

Because of high unemployment, Michigan's unemployment insurance trust fund -- which is paid for by a tax on employers laying off workers -- is depleted, forcing the state to borrow $2 billion from the federal government

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