Thousands of Nevadans stand to lose federal benefits in Jan. - FOX5 Vegas - KVVU

FISCAL CLIFF

Thousands of Nevadans stand to lose federal benefits in Jan.

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LAS VEGAS (FOX5) -

The Department of Employment, Training and Rehabilitation (DETR) is warning Nevadans that unless Congress gets the so-called fiscal cliff solved soon, federal Emergency Unemployment Compensation (EUC) benefits will expire on January 2.

If those benefits are allowed to expire, about 25,000 Nevadans will be abruptly cut off and each week roughly another 1,000 claimants will exhaust their benefits.

Still, you should continue to file weekly claims so that benefits can be paid if Congress votes to extend EUC.

Currently, approximately 32,000 Nevadans receive benefits through EUC.

"The last week payable for EUC benefits is December 29, 2012, which means those claimants on EUC will stop receiving benefits, even if they still have balances remaining on their claims," DETR's Renee Olson said. "In the past, claimants have been allowed to continue receiving benefits through the end of the tier they were in."

Congress enacted EUC in 2008 in the wake of record unemployment. Currently, claimants qualify for a maximum of 73 weeks of benefits.

Copyright 2012 KVVU (KVVU Broadcasting Corporation). All rights reserved.

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