Unemployment benefits took a sizable hit when the sequester federal spending kicked in on July 1. The 11.7 million Americans still unemployed are seeing a cut in their unemployment benefits, with some states feeling it more than others, according to “Fox and Friends” live on Monday, July 8, 2013.
CNBC reports that other business have seen this sequester trickle in, but the unemployed will perhaps feel the first big “jolt” as their wallets are going to be a bit lighter when their benefits are doled out this month. Continue reading “Unemployment benefits cut big time by sequester: Wallets of unemployed hit hard”

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