Senate reaches deal for long-term unemployment benefits

Job seekers file claims for benefits and look for jobs at CareerSource Broward. (Sun Sentinel)

Major news services are reporting that the U.S. Senate has reached a deal to renew long-term unemployment insurance.

The bipartisan deal would provide unemployment benefits for five months after individuals' state benefits expire. Senate negotiators said the benefits would be retroactive to last year.

The proposal also would eliminate benefits for those who previously earned $1 million or more.

The benefits expired for nearly two million people at the end of the year. More than 14,000 unemployed workers in Broward and Palm Beach counties lost federal emergency unemployment benefits on Dec. 28.