Better NC jobs market may end aid for 17,000

April 25, 2012 3:22:54 PM PDT
North Carolina's improving unemployment rate means more than 17,000 people will no longer qualify for benefits next month.

Division of Employment Security spokesman Larry Parker said Tuesday that the state expects the U.S. Labor Department to give notice soon that North Carolina recipients will stop qualifying for the federal unemployment funds by the week ending May 12. Parker says those receiving the long-term unemployment benefits will receive letters about two or three weeks before their benefits end.

Those benefits can run a maximum of 20 weeks and they are funded by the federal government. They are the last set of unemployment benefits someone typically receives before they run out altogether.

Parker said the benefits are paid based on a formula that accounts for a high unemployment rate, which dipped below 10 percent in February and March.

The number of jobless workers qualifying for extended benefits is down from about 25,000 in January and 47,000 last June.

Classifieds | Report A Typo |  Send Tip |  Get Alerts | See Click Fix
Follow @abc11 on Twitter  |  Become a fan on Facebook

Load Comments