Unemployment Benefits Start To Disappear

Something to think about from the WSJ RealTime Economics blog:

5.5 million: Americans unemployed and not receiving benefits

The job market may be on the mend, but that’s not much consolation to millions of Americans facing a frightening deadline: the end of their unemployment benefits.

The country’s unemployment rolls are shrinking fast, after expanding sharply last year as the government extended benefits to ease the pain of a deep economic slump. As of mid-March, about 8.5 million people were receiving some kind of unemployment payments, down from 11.5 million a year earlier, according to the Labor Department.

Oh, you might want to read the whole article. More are headed for this fate.

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