1.3 million Americans who have been out of work for a extended period will see their unemployment benefits disappear -- right after Christmas.
Crushing The Long-Term Unemployed
Credit: Flickr
December 20, 2013

Via Moyers & Company:

A few days after Christmas, 1.3 million Americans who have been out of work for a significant period of time will see their unemployment benefits disappear. Democrats had pushed for a renewal of the extended unemployment benefits that have been available since shortly after the crash, but as Rep. Tom Cole (R-Oklahoma) put it, “the Republican position all along has been, ‘we need to go back to normal here at some point’.”

Unfortunately, the labor market isn’t back to normal. There are almost three Americans looking for work for every full-time position that’s available, a ratio that’s tougher...

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