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Michigan cuts jobless benefits by 6 weeks

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Michigan Gov. Rick Snyder has signed legislation that cuts extended jobless benefits by 6 weeks. By CNNMoney staffMarch 29, 2011: 8:17 AM ET


NEW YORK (CNNMoney) -- Michigan has reduced unemployment benefits, with Gov. Rick Snyder signing into law a bill cutting the payouts by six weeks.

Snyder signed the bill late Monday, cutting extended benefits to workers to 20 weeks from 26 weeks.

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