New law cuts unemployment benefits in North Carolina
1,587 views · Published 10 July 2013 · 3:24 · Indexed 26 September 2026
Channel: CBS News · 2013 · News & Politics
North Carolina borrowed $2.5 billion from the federal government to cover its unemployment claims. The state cut long-term unemployment benefits to pay back the loan early, which Gov. Pat McCrory says will help increase hiring. Jim Axelrod reports. SUBSCRIBE to the CBS NEWS Channel here: http://bit.ly/WKcQhX
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