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Monday, February 4, 2013

What Happens When Funemployment Shortens?

NC House approves cuts to jobless benefits to pay down debt:
The state House on Monday night tentatively approved an overhaul of the state’s unemployment system along partisan lines after voting down a series of amendments offered by Democrats.
The bill cuts the maximum benefits paid to unemployed workers by roughly one-third, from $535 a week to $350. It also would reduce the maximum weeks of benefits from 26 to a sliding scale of between 12 and 20 weeks, depending on the unemployment rate.
from Under the Dome blog 
The end of debt.  Sort of.

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