More than 200,000 jobless Americans are anxiously waiting for the Senate to restore their extended unemployment insurance. Federal unemployment benefits, which last up to 73 weeks, kick in after state-funded 26 weeks of coverage expire. These federal benefits are divided into tiers, and the jobless must apply each time they move into a new tier. A million people could lose their unemployment benefits this month if the Senate doesn't act to extend it. To date, lawmakers have already approved two short-term extensions since December which extends the length of benefits. As around 11.2 million people now receive unemployment insurance, while 6 million are collecting extended benefits, consumer advocates have been urging lawmakers to quickly approve extending unemployment insurance as the unemployment rate remains stuck at 9.7% with the average duration of unemployment at 31.2 weeks.
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