“More than 1 million Americans are bracing for a harrowing, post-Christmas jolt as extended federal unemployment benefits come to a sudden halt this weekend, with potentially significant implications for the recovering U.S. economy. A tense political battle likely looms when Congress reconvenes in the new, midterm election year.”
– “1.3 Million Losing Unemployment Benefits Saturday,” Bradley Klapper, Associated Press
More:
“Unemployment benefits for 1.3 million expire Saturday,” Emily Jane Fox, CNN Money
“Benefits to end Saturday for long-term jobless,” Ylan Q. Mui, Washington Post
“Charts: The Worst Long-Term Unemployment Crisis Since the Depression,” Dave Gilson, Tasneem Raja, and AJ Vicens, Mother Jones
“The Fear Economy,” Paul Krugman, The New York Times
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Tags: Christmas, Congress, economy, employment, jobless, jobs, long-term unemployment, unemployment, unemployment benefits
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