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N.C. becomes first state to lose federal unemployment benefits

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Jen Wilson, Charlotte Business Journal More than 70,000 North Carolina residents are losing extended unemployment benefit payments, as changes to state law take effect today. An unemployment-insurance reform bill signed into law by Gov. Pat McCrory in February cuts the maximum weekly benefits paid by the state to $350 from $530 and reduces the number of weeks recipients are eligible for benefits to as few as 12 from the current 26, depending on the prevailing jobless rate. The law also effectively disqualifies the state from the federally funded Emergency Unemployment Compensation Program for the long-term unemployed. Only new claims are affected by the changes to state-funded unemployment...

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