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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: yard_man who wrote (6503)1/30/2004 12:16:35 AM
From: mishedlo  Read Replies (2) of 110194
 
A record number of unemployed American workers face losing all their income in the first half of 2004 because they are using up their state jobless benefits and Congress has stopped extending them, a private study found on Thursday.

The number of jobless workers exhausting their 26 weeks of benefits without qualifying for further aid will reach a record 2 million in the first six months of the year, including 375,000 in January, more than in any other month, a study by the Center on Budget and Policy Priorities said.

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