Unemployment Benefits Extensions Expire – Will there be Renewal?

By on Dec 2, 2010 in United States Comments

Image Credit : newsoholics.com

United States – Different local news sites are discussing about the end of unemployment benefits, which was passed by Congress in July, ends on November 30, 2010. Unemployment benefit is the financial provision by U.S. government given to unemployed citizen of United States.

It is estimated that there are about 2 million unemployed citizens who rely on this support.

Unless, Congress changes its mind, benefits that had been extended up to 99 weeks will end this month.

It is reported that the average weekly unemployment benefit in the U.S. is $302.90, though it varies widely depending on how states calculate the payment.

Report furthers says that Republicans in the House and Senate, along with a handful of conservative Democrats, say they’re open to extending benefits, but not if it means adding to the $13.8 trillion national debt.

According to OpenCongress.org, there are still hope that unemployment benefits extensions might have it’s renewal in the coming weeks, but it is unlikely to happen within this year.

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