Wednesday, November 13, 2013

1.3 Million Unemployed Americans may Lose Jobless Benefits by Year End. Mass layoffs expected in Chicago

More than 1.3 million unemployed Americans are set to lose their benefits with the looming expiry of federal jobless benefits.
The issue will be discussed in high-level budget talks on Capitol Hill, which are set to resume this week with a public hearing on Wednesday, the Financial Times reported.
Sandy Levin, the top Democrat on the House ways and means committee, said jobless benefit extension should be in these discussions.
“What we are doing is sounding the alarm clearly. When people realize what’s at stake, the need will carry the day,” Levin said.
Mass layoffs expected in Chicago
Chicago will lose more than 5,600 jobs by the end of the year as grocery giant Safeway has announced that it is exiting the city’s market, a report said on Monday.
DB

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