Unemployment benefits for 1 million Americans expiring - 13abc.com Toledo (OH) News, Weather and Sports

Unemployment benefits for 1 million Americans expiring

Posted: Updated:

Saturday December 28th marks the end of the Emergency Unemployment Benefits Program, impacting more than 1 million Americans. President Bush began the program in 2008 during the height of the Financial Crisis when jobless rates were much higher.

While the unemployment rate has come down to about 7%, some analysts estimate that right now 4 million people have been out of work for 27 weeks or longer. What's more, prospects for job seekers aren't looking up. The Washington Post found that the long-term unemployed have just a 12% chance of finding a new position in any given month. Furthermore, research from Northeastern University described how some employers are actively discriminating against the long-term unemployed. In that study, researchers sent out nearly 5,000 fake resumes to employers advertising 600 positions. They found that employers were more likely to call someone back with no prior background in the field than an individual with relevant experience who had been out of work longer than six months.

Currently for every job opening, there are three job seekers. Congress is expected to discuss a bill next year that will address benefits for the long-term unemployed. However, that bill has a $25 billion price tag raising questions of fiscal feasibility.

  • Top StoriesMore>>

  • Amanda Bacon takes the stand

    Amanda Bacon takes the stand

    Tuesday, April 15 2014 11:08 PM EDT2014-04-16 03:08:50 GMT
    Emotions ran high in the courtroom as a mother, charged in the death of her infant son took the stand for the first time.Amanda Bacon is charged with murder and endangering children after her son Avery,
    Amanda Bacon takes the stand for the first time.
  • Local runners heading back to Boston for Monday’s marathon

    Local runners heading back to Boston for Monday’s marathon

    Tuesday, April 15 2014 10:04 PM EDT2014-04-16 02:04:55 GMT
    Tuesday marks the one year anniversary of the bombings at the finish line of the Boston Marathon which killed three people and injured 260 people. Dozens of runners from Northwest Ohio and Southeast
    "I'm not nervous about there being another terror attack or the possibility that there could be one," says Jay Yockey. "I don't want to live a life in fear. I still want to do what I love to do."
  • Clerk guilty of selling alcohol to teens before fatal wreck

    Clerk guilty of selling alcohol to teens before fatal wreck

    Tuesday, April 15 2014 9:11 PM EDT2014-04-16 01:11:40 GMT
    A Lucas County jury has found former liquor store employee Nicholas Thompson guilty of selling alcohol to underage Ottawa Hills students.  18-year-old Brian Hoeflinger, an Ottawa Hills High School senior,
    A Lucas County jury has found former liquor store employee Nicholas Thompson guilty for selling alcohol to underage Ottawa Hills students.  18-year-old Brian Hoefflinger, an Ottawa Hills High School senior, was killed after that sale in a drunk driving accident. Thompson worked at Foxx Liquor on Dorr Street.

Area Events Calendar

See It, Shoot It, Send It!