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Unemployment in the US has been on the rise although most of the public may think otherwise. After the economic turmoil, millions of people have lost their jobs. Some of them are underemployed, while most of them are unemployed, according to Unemployment-Extension.Org.
The jobs are being axed out by big companies to sustain the global competition. Reports show that number of unemployed people in USA is over 14 million, while only 7 million are collecting unemployment.
This leaves the unemployed people in the lurch and their lives come to a grinding halt. Though, they get the unemployment insurance to meet their immediate needs. However, in the long term it is difficult to meet the needs of the family.
Most of the unemployed people turned out to be discouraged workers and they stop looking for the job considering the lull in the economy. That is when the government decides to provide the stimulus by giving extended benefits.
The government has tried to provide the economic booster by giving the unemployment benefits to those who have lost their jobs. However, most of the people have exhausted their benefits limits. However, according to the sources, the government is providing Michigan unemployment extension for the unemployed masses in the Michigan state. These benefits will be over and above the normal unemployment insurance benefits received by the individuals.
According to a law, the Michigan state workers can get additional benefits up to 13 weeks. Though, this does not help improve the employment status, but it can definitely give a great relief to these unemployed people. Their families can also take advantage of this extension. However, those who are eligible can get Michigan unemployment extension.
Those persons who do not have a full time job and they are not receiving any additional benefits from any other state or Canada and they have exhausted their unemployment insurance under Emergency Unemployment Compensation (EUC) Program. However, those workers who are not willing to apply for work are disqualified for the benefits.
Surprisingly though, Michigan state has the highest number of unemployment rate which is as high as 8.5% and it seems the numbers are going to increase. Therefore, considering the unemployment status in the Michigan state, the benefits have been extended.
Michigan unemployment extension benefits will help those persons who have exhausted their regular 26 weeks benefits to meet their financial obligations. A person can continue to search for a job without any stress.
According to the reports by Unemployment-Extension.Org, an additional stimulus package is also approved by the government for the Michigan state. This package allows people to get additional benefits of $ 25 each week. The additional funds are coming to the Michigan State are coming via American Recovery and Reinvestment Act.
Latest updates on Unemployment can be found at http://www.Unemployment-Extension.Org.