States exit federal extended-unemployment-benefits program

05/14/2012 | CNNMoney

Eight states -- California, Florida, Illinois, North Carolina, Colorado, Connecticut, Pennsylvania and Texas -- are exiting a federal extended-unemployment-benefits program as their economies improve. The program is for states where the jobless rate is 10% higher than it was in one of the previous three years. It provides long-term-unemployed residents with 20 weeks of benefits after their state and federal emergency benefits run out. More than 200,000 people will lose jobless benefits as these states exit the program.

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