These numbers are significant, if unemployment benefits aren't extended between now and June when 5,000,000+ lose Unemployment benefits, there is going to be some major setbacks. Anyway I wouldn't be worried, they will extend them until 2011!!!! 1.2M jobless could lose benefits Sunday Published: Feb. 26, 2010 at 11:45 AM WASHINGTON, Feb. 26 (UPI) -- About 1.2 million of the jobless stand to lose unemployment benefits if the U.S. Senate fails to approve an extension by Sunday, officials say. The House has already passed a 30-day extension, but Sen. Jim Bunning, R-Ky., blocked Majority Leader Harry Reid's effort to bring the bill to a vote Thursday in the upper house, the Milwaukee Journal Sentinel reported. Reid, D-Nev., called for the 30-day extension as a short-term measure to give Congress more time to work out legislation that would extend unemployment benefits by as much as a year. The extension also affects COBRA, the program allowing laid-off workers to buy into their previous health insurance. The National Employment Law Project predicted 5 million people could be without work and without unemployment benefits by June if nothing is done. While economists say the recession has bottomed out, job losses remain high and new jobs, few, with the Labor Department reporting 496,000 people filed new claims for unemployment last week, up 22,000 from the previous week. "Long-term unemployment is unlikely to loosen its grip on our economy anytime soon," said Christine Owens, executive director of the National Employment Law Project.