CA unemployment benefits now only go for 79 weeks

May 14, 2012 5:10:21 PM PDT
Unemployment benefits in California are less this week than last week all because of new federal regulations that mandate benefit cuts as a state's employment picture improves.

Instead of mailing out checks for 99 weeks, the state will only offer benefits for 79 weeks.

Nationwide the unemployment rate is just a tad more than 8 percent. In California, unemployment is hovering around 11 percent. But since our rate has gone down, we are losing the benefits.

We aren't alone though, eight other states cut their benefits on Saturday, too. That brings the cutbacks to 27 states with 400,000 long-term unemployed workers.