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93,000 Californians to lose unemployment pay in May
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Original Message
California’s longest-term unemployed — as many as 93,000 — will see a cutoff in jobless benefits in mid-May because the state no longer meets the federal threshold for emergency aid.Those losing their benefits are on so-called Fed-Ed, the last tier of extended unemployment benefits. Fed-Ed currently provides 20 weeks of jobless pay.
State eligibility for federal funds to pay the benefits is based on a complicated formula that compares the average unemployment rate for the last three months to the rate over the last three years.
[
link to economy.ocregister.com
]
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