Federal emergency unemployment benefits to end - CBS46 News

Federal emergency unemployment benefits to end

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ATLANTA (CBS ATLANTA) -

Metro Atlanta's unemployment rate is the lowest it's been in five years.

But that doesn't matter to many Georgians who are about to lose their federal emergency unemployment benefits.

Lawmakers in Washington, DC, earlier this month reached an $85-billion deal to fund federal agencies.

That agreement did not include funding emergency unemployment insurance.

That means more than 1 million Americans will have to fend for themselves, 40,000 of whom live in Georgia.

"I may be in a very precarious situation," said Richard Pettys, who worked as a bankruptcy law clerk for 17 years before he was laid off last June.

"I don't  know how I'll fill up my car to go to a job interview, or pay my cell phone bill to call prospective employers or search for jobs," said Pettys, who is about to exhaust his federal emergency benefits.

The depressing news comes as metro Atlanta's unemployment dropped to 7 percent, the lowest it has been in five years.

That doesn't matter much to Pettys, who is part of that 7 percent who can't find a job.

"All of a sudden I have two checks left and that's it. Unless I can secure other employment, I don't know where my next money is coming from," Pettys said.

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