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Unemployment Benefits Running out for Thousands

August 28th, 2009 by flanews

Unemployment benefits will run out for more than 31-thousand jobless Floridians by the end of September. By years end 132-thousand Floridians will have exhausted their unemployment pay. As Whitney Ray tells us, once the moneys gone many people will lose their homes to foreclosure.

Jamie Alexander has been unemployed since last November and his 300 dollar a week unemployment check will stop coming soon. He doesnt like to think about it.

It will be hard. I cant really say, said Jamie.

Vincent Smith, an out of work caretaker, is also concerned about living without an income.

I have a mortgage I have to pay. I just came back from paying a utility bill. I want to make sure I keep my lights on, said Vincent.

By the end of September 31,500 Floridians will have used up all their unemployment benefits. By years end an estimated 132,000 people will join the ranks.

Marc Taps, the senior attorney with North Florida Legal services says once peoples benefits run out, it will be hard for many to save their homes.

Its very difficult to work out a modification or work with a mortgage company when there is no income, said Taps.

Florida has the highest rate of foreclosure in nation, and with thousands of more Floridians losing their income, it will make a bad problem worse.

Posted in Housing, State News, Unemployment | No Comments »

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