1.3 million people have lost their unemployment federal benefits, a loss of US$1,166 per month

1.3 million people have lost their unemployment federal benefits, a loss of US$1,166 per month Christmas has just passed, but at the end of the year, for more than 1 million Americans...

For families who rely on cash assistance, ending federal unemployment benefits would mean losing an average monthly stipend of $1,166, which they would have to spend on austerity. While unemployment may be down, analysts say the move could have adverse economic consequences, causing consumers to spend less on everything from clothes to cars.

Of the approximately 1.3 million Americans receiving unemployment benefits, California has the largest proportion, with 214,000 people. It is expected that by June next year when the project expires in most states, this number will continue to soar to nearly 2 million people affected. New York and New Jersey are also big recipients of relief funds. More than 127,000 people in New York state are facing hardship, while 90,000 people in New Jersey are facing hardship.

Unemployment federal benefits are provided to people who still cannot find a job after receiving state government insurance. President Obama, who is on vacation in Hawaii, has said that the U.S. government is working hard to ask Congress to support and pass a budget bill to continue paying unemployment insurance benefits to unemployed people. Congress' first order of business in the new year will be to repair this benefit, but he has not given an exact time for repairs. When talking about the U.S. government’s move, Jason Mann, chairman of the White House Council of Economic Advisers, said that failure to pass this budget bill will make the situation of the unemployed even worse. When talking about the direct impact this bill will have on the lives of the 1.3 million unemployed people in the United States, Foreman said that unemployment insurance benefits can only help these unemployed people pay their bills. If this bill passes and premiums continue to be paid, these people will still have to increase their efforts to continue looking for work.