Unemployment Benefits Being Cut Short for 10,500 Wisconsin Claimants
Wisconsin's improved economy will no longer allow the state to extend unemployment benefits to claimants, due to a loss of a federal subsidy.
Wisconsin families who receive unemployment insurance are going take a hard hit when their benefits are cut short.
Due to Wisconsin's lower unemployment rate the state no longer qualifies for the federal emergency insurance, which extends the benefit to 63 weeks from 54 weeks, reported the Wisconsin State Journal.
The state’s 6.7 percent rate is below the 7 percent rate needed to be in order to receive the federal subsidy, which helps states with high unemployment rates.
About 10,500 workers who have been unemployed for more than a year have received notifications that they will start losing benefits the week of Feb. 9, according to the report.
Unemployment benefits are given to people who lose their job at no fault of their own. People can receive up to $363 in weekly benefits.