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Unemployment benefits for many Americans is a key topic right now as benefits are about to expire for a contingent of our society if Congress does not act. Republicans have recently taken power in the House and added seats in the Senate and have stated that they will consider the possibility of extending federal unemployment benefits as part of a contingency deal that integrates other cuts in spending to reduce budget deficits. This past summer, in July, Congress passed legislation the extended unemployment benefits to Americans in need. President Obama signed off on the legislation and it carried us through November 30th, of 2010. This current extension is set to expire on November 30th, 2010 and at that point, 2 million Americans that are unemployed and trying to find work will no longer receive an unemployment check from the government. The Bureau of Labor Statistics reported that the National Unemployment Rate remained at 9.6% for the third straight month. The Bureau of Labor also reported that the number of non-farm jobs rose by 151,000, but the number of people filing for unemployment remained unchanged at 14.8 million. If Congress does nothing in the next two weeks to extend unemployment benefits coverage, then approximately two million people will have to find another way to receive a reliable and predictable form of income. The deadline to file for federal unemployment benefits expires on November 30th and four days after that, over 800,000 people will stop receiving unemployment benefit checks according to the National Employment Law Project group. The government is attempting to stimulate the economy right now but if there is a lapse in unemployment provisions, the economic recovery could slow further. Author: Stephen Johnson
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