(CNN) - Long-term unemployment benefits for 1.3 million Americans expired Saturday after Congress failed to pass an extension. Reinstating those benefits is expected to be one of the first priorities for congressional Democrats in the new year.
“Extending unemployment insurance is the right thing to do for millions of Americans who are trying to support their families,” Democratic National Committee chairwoman and Florida Rep. Debbie Wasserman Schultz said in a statement Saturday. “What makes matters worse, the loss of benefits comes just a few days after the holidays.”
(CNNMoney) – Michelle Marshall is one of the 1.3 million long-term unemployed Americans who will lose unemployment benefits Saturday.
Marshall, 56, has been out of work for a year, since she lost an administrative assistant job that paid her $44,000 per year.
She started collecting $624 each week in New Jersey unemployment benefits, but the state benefits ran out after 26 weeks. When federal benefits kicked in, she collected $521.
But Marshall will stop getting these checks next week.FULL STORY
(CNN) - The liberal nonprofit group Americans United for Change is using a new TV ad to accuse Republicans of ruining Christmas for the 1.3 million Americans whose unemployment benefits are about to stop.
“To the 1.3 million Americans losing benefits, Merry Christmas, from the GOP,” the ad says. The spot will run Thursday and Friday on national cable TV networks, including CNN, the group said.
(CNN) - Kentucky Republican and potential 2016 presidential candidate Sen. Rand Paul said Sunday extending unemployment benefits past what the U.S. federal government has already paid would be a "disservice" to workers.
"I do support unemployment benefits for the 26 weeks that they're paid for. If you extend it beyond that, you do a disservice to these workers," he said, appearing on "Fox News Sunday."
(CNN) - President Barack Obama continued to put pressure on Republicans on Saturday to extend unemployment benefits while Republican Rep. Renee Ellmers of North Carolina heaped criticism on the Affordable Care Act.
Their comments came in weekly addresses.
New York (CNNMoney) – Has the job market finally hit its stride? Hiring continued at a solid pace in November, and the unemployment rate fell for the right reasons.
The U.S. economy added 203,000 jobs in November. Economists surveyed by CNNMoney had predicted payroll gains of 183,000 jobs.FULL STORY
New York (CNNMoney) – What shutdown? Job growth unexpectedly surged in October, even as the federal government closed its doors for 16 days.
The U.S. economy added 204,000 jobs, according to the Bureau of Labor Statistics. That was well above economists' expectations. There was more good news about hiring during the late summer. Revisions showed an extra 60,000 jobs were created in August and September.FULL STORY
Washington (CNN) - The number of furloughed federal government workers applying for unemployment assistance is continuing to rise as the partial government shutdown continues into its third week.
States with large numbers of federal employees are seeing a flood of such applications, and may see more if an agreement is not reached soon to reopen the government.
(CNN)–The government shutdown that began on Tuesday has had a far-reaching impact, but few have felt this more pointedly than furloughed federal workers.
It is estimated that up to 800,000 civilian employees could be without work during the shutdown and the first wave have already left their jobs.
New York (CNNMoney) - Employers are hiring at a restrained pace as jitters about the economy linger.
The U.S. economy added 175,000 jobs in May, according to the Department of Labor. Hiring at that rate isn't terrible, but it is unexceptional at this point. It marks a slight improvement from April, when a revised 149,000 jobs were created, but still falls in line with average job growth over the last three years.FULL STORY