More than a million people may lose their unemployment insurance in just a few weeks if Congress fails to extend a Great Recession program that increased the number of weeks for which unemployed workers qualify.
The number of people asking for unemployment benefits last week dropped to the lowest level since March 2008, according to the Labor Department.
The drop in the state’s unemployment rate in March may have been a sign of brighter days ahead. However, gloomy times are looming for those who still have not landed work.
Florida unemployment rate saw its biggest one month drop since October 1992 in March. The unemployment rate statewide dropped 0.4 percent to just 9 percent in March 2012.
House Republican Mario Diaz-Balart will try to push through a proposal to return Cuban travel policy to the restrictions under former President George W. Bush.
Florida’s jobless are going to have to jump through a few new hoops if they’re planning on applying for unemployment benefits.
Unemployment in Miami-Dade County is 13.7 percent and the jobs to bring that rate down simply are not there. Now, the economy in South Florid and the nation could take a debilitating hit when government aid ends this year.
Florida workers laid off after this week will be out of luck if they were hoping for long-term unemployment benefits from the federal government. Instead, after 23 weeks, workers will receive no aid and all long-term aid ends on January 1, 2012.
Out of work Floridians will now receive fewer weeks of unemployment benefits.
The Florida House and Senate continue to disagree on a bill that would reduce unemployment compensation benefits.