Extension Of Unemployment Benefits Won’t Help Beyond 99 Weeks

Posted By on December 17, 2010

  • The extension for unemployment benefits that is part of the compromise tax deal is good news for many of the unemployed, but it won’t provide aid to anyone who’s been out of a job over 99 weeks.

  • The extension worked out by President Barack Obama and congressional Republicans only lets unemployed workers continue to draw benefits for up to 99 weeks, it doesn’t extend the duration of the program beyond that point. Those who have exhausted all currently available benefits — so-called 99ers — won’t be granted an extension.

Parts of this article were from www.thewallstreetjournal.com

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