◼ A federal benefits extension, known as FED-ED in California, won't be available after May 12 - John Cádiz Klemack and Neil Costes/nbclosangeles.com
...The end of the extension is actually good news for the state because it means California's economy is getting better, said Loree Levy of the California Employment Development Department.
"In order for the state to qualify for the program you have to have a high unemployment rate," Levy said. "Certainly California does have a high rate, but it's not 10 percent higher than what it's been over the last three years, and that is a requirement of the program."
The state's unemployment rate sits at 11 percent, which is better than what it's been, meaning there are jobs out there...
◼ Discussion at Lucianne
Monday, May 14, 2012
Unemployment Benefits Ending for Thousands of Californians
Labels:
California,
Economy,
Unemployment
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