US Adds 204K Jobs, Unemployment Rises To 7.3 Pct.
About 1.3 million of the long-term jobless will lose their unemployment benefits by year's end unless Congress renews an emergency benefits program, according to the National Employment Law Project. The emergency program provides up to 37 additional weeks of aid in most states on top of the 26 weeks that states typically dispense.
Edward Magda fears he will be one of them. He lives near Atlantic City, N.J., and has been a tile installer for 32 years. But the weak economy has left him unemployed.
In the past, he helped build hotels and resorts for Bally's, Hilton and Revel. But now, "this is the worst I've ever seen it," said Magda, 58.
About 800,000 government workers were furloughed for all or part of the Oct. 1-16 shutdown.Many were counted as unemployed for the purposes of calculating the unemployment rate. But because they were ultimately paid for their time off, the furloughed workers were still counted as employed by a separate government survey that calculates job growth. ___ AP Economics Writer Paul Wiseman contributed to this report. ___ Follow Christopher S. Rugaber at http://twitter.com/ChrisRugaber
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