WASHINGTON (AP) — More than 1 million Americans are bracing for a harrowing, post-Christmas jolt as extended federal unemployment benefits come to a sudden halt this weekend, with potentially significant implications for the recovering U.S. economy. A tense political battle likely looms when Congress reconvenes in the new, midterm election
1.3 Million Losing Unemployment Benefits
An estimated 1.3 million people will be cut off when the federally funded unemployment payments end Saturday, December 28.